North Carolina Apple Festival Inc

Organization Overview

North Carolina Apple Festival Inc is located in Hendersonville, NC. The organization was established in 1993. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Apple Festival 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 12/2022, North Carolina Apple Festival Inc generated $210.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $197.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROMOTE THE AREA'S APPLE INDUSTRY BY PROVIDING SUPPORT TO LOCAL APPLE GROWERS AND ORGANIZING AN ANNUAL APPLE FESTIVAL ON THE LABOR DAY WEEKEND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION(THE "NCAF")ESTIMATES THAT ITS ANNUAL APPLE FESTIVAL DRAWS IN EXCESS OF 230,000 VISITORS FROM ALL OVER THE US AND THAT THE FESTIVAL'S STREET FAIR INJECTS MORE THAN $10,000,000 INTO THE LOCAL ECONOMY ANNUALLY. IN SUPPORT OF LOCAL APPLE GROWERS, THE NCAF PROVIDES A FREE BOOTH AT THE FESTIVAL TO FOURTEEN APPLE GROWERS TO PROMOTE AND SELL FRESH APPLES, AS WELL AS OTHER APPLE PRODUCTS. THE NCAF ALSO PROVIDES AN ANNUAL SCHOLARSHIP TO LOCAL STUDENTS BASED ON THE STUDENT'S RESEARCH AND ORAL PRESENTATIONS ON THE APPLE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
David E Nicholson
Exec.dir-Resigned 6/23/22
$8,760
Colby Buchanan
Asst. Treasurer
$0
Mark Shepherd
1st Vice President
$0
Josh English
2nd Vice President
$0
Vicki Gunning
3rd Vice President
$0
Renee Elrod
Treasurer
$0

Financial Statements

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$68,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$68,000
Total Program Service Revenue$137,730
Investment income $4,620
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 $210,350

Peer Organizations

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American Peanut Council Inc
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Norfolk Festevents Ltd
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$6,432,459
Friends Of The Festival Inc
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National D-Day Memorial Foundation Ltd
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$3,404,095
Virginia Beach Events Unlimited Inc
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$3,044,540
Sunbelt Agricultural Exposition Inc
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Fall For Greenville Inc
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Cobb County Fair Association Inc
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Rockingham County Fair Association Inc
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Gcl&fa Inc
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Macon Georgia Cherry Blossom Festival Inc
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Charlotte Steeplechase Foundation Inc
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Association For Dressings & Sauces
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$1,311,269
Appalachian Fair Association Incorporated
Johnson City, TN
$1,433,748
Williamson County Fair Association Inc
Franklin, TN
$1,546,994
Tennessee Soybean Festival Inc
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$872,122
Western Carolina State Fair Foundation Inc
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$1,010,502
The Transportation Alliance Inc
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$673,525
Beaufort Water Festival Inc
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Celebrate Fairfax Inc
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$783,588

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