Germanfest Inc

Organization Overview

Germanfest Inc is located in Muenster, TX. The organization was established in 2008. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Germanfest Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Germanfest Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $469.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3 - Line 4a

GERMANFEST, INC MAINTAINS HERITAGE PARK AND MAKES IT AVAILABLE FOR COMMUNITY AND CULTURAL EVENTS CELEBRATING THE RICH GERMAN HERITAGE OF MUENSTER, TX. EIGHTEEN SUCH EVENTS WERE HELD AT THE PARK DURING THE YEAR. THE ORGANIZATION ALSO SUPPORTS THE GERMANFEST FESTIVAL HELD AT THE PARK EACH YEAR, BRINGING IN OVER 5,000 VISITORS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $957,576
Interest on Savings $129
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $102,600
Total Revenue $1,060,305

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