Rose Valley Folk Rose Valley is located in Rose Valley, PA. The organization was established in 1949. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, 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. Rose Valley Folk Rose Valley is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Rose Valley Folk Rose Valley generated $316.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $266.1k during the year ending 06/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ROSE VALLEY FOLK IS AN ORGANIZATION THAT PROVIDES RECREATIONAL FACILITIES FOR MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATIONAL FACILITIES FOR USE AND RENT BY THE MEMBERSHIP.
VARIETY SHOW
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Healy Bldg & Grds | Trustee | 2 | $41,135 |
Joseph Hare Chair | OfficerTrustee | 3 | $0 |
James Oetinger Vice Chair | Officer | 1 | $0 |
Gina Gibbs Secretary | Officer | 2 | $0 |
John Williamson Treasurer | Officer | 3 | $0 |
Richard O'flynn Treasurer El | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $316,145 |
Investment income | $115 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $316,260 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,858 |
Fees for services: Accounting | $4,895 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $58,595 |
Advertising and promotion | $0 |
Office expenses | $4,844 |
Information technology | $1,881 |
Royalties | $0 |
Occupancy | $100,480 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $35,251 |
All other expenses | $0 |
Total functional expenses | $266,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $94,092 |
Savings and temporary cash investments | $75,973 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $949,773 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,119,838 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,119,838 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,119,838 |
Organization Name | Assets | Revenue |
---|---|---|
Harold K & Myrtle C Folk Charitable Foundation Cleveland, OH | $604,413 | $286,538 |
Reka Darida Foundation New York, NY | $11,391,153 | $10,250,000 |
New York Folklore Society Schenectady, NY | $22,320 | $362,967 |
Rose Valley Folk Rose Valley Rose Valley, PA | $1,119,838 | $316,260 |
National Association Of Black Storytellers Inc Baltimore, MD | $80,509 | $0 |
Association For Recorded Sound Collections Inc Annapolis, MD | $304,529 | $0 |
Stillwood Study Center Palmyra, NY | $1,118,881 | $75,457 |
Danceflurry Organization Inc Latham, NY | $187,105 | $0 |
Schuylkill County Quilters Guild Schuylkill Haven, PA | $14,083 | $0 |
African Cultural And Resources Center Acrc Corporation Silver Spring, MD | $0 | $0 |