Central Oregon Airshow is located in Madras, OR. The organization was established in 2008. 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. Central Oregon Airshow 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 12/2021, Central Oregon Airshow generated $303.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $233.9k during the year ending 12/2021. While expenses have increased by 5.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ORGANIZES AN AIRSHOW ANNUALLY FOR THE CENTRAL OREGON COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AN AIRSHOW FOR THE CENTRAL OREGON COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Snead President | OfficerTrustee | 3 | $0 |
Rick Allen Secretary/ Treasurer | OfficerTrustee | 3 | $0 |
Joe Krenowicz Vice President | OfficerTrustee | 3 | $0 |
Tom Brown Board Member | Trustee | 1 | $0 |
Margaret Kinkaid Board Member | Trustee | 1 | $0 |
Ben Ochs Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $31,750 |
All other contributions, gifts, grants, and similar amounts not included above | $15,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,750 |
Total Program Service Revenue | $256,364 |
Investment income | $0 |
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 | $303,114 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,350 |
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 | $0 |
Fees for services: Accounting | $688 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,105 |
Office expenses | $8,868 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,755 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,418 |
Insurance | $6,252 |
All other expenses | $0 |
Total functional expenses | $233,860 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $92,268 |
Savings and temporary cash investments | $14,603 |
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 | $21,760 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $128,631 |
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 | $128,631 |
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 | $128,631 |
Organization Name | Assets | Revenue |
---|---|---|
Los Angeles County Fair Assn Fairgrounds Pomona, CA | $119,881,793 | $57,689,315 |
Western Washington Fair Association Puyallup, WA | $76,145,204 | $42,507,935 |
Alameda County Agricultural Fair Association Pleasanton, CA | $25,128,920 | $22,272,124 |
Apa-The Engineered Wood Association Tacoma, WA | $20,196,458 | $14,789,025 |
San Mateo County Expostion And Fair Association San Mateo, CA | $12,291,623 | $16,007,611 |
San Diego Comic Convention San Diego, CA | $43,401,363 | $7,260,590 |
Fairweather Foundation Minden, NV | $0 | $533,390 |
Sonoma County Fair & Exposition Inc Santa Rosa, CA | $17,626,127 | $9,756,365 |
Santa Clara County Fair Grounds Management Corporation Inc San Jose, CA | $6,944,822 | $8,647,044 |
Northwest Washington Fair Association Lynden, WA | $12,865,424 | $5,217,774 |
Central Washington Fair Association Yakima, WA | $5,361,375 | $6,100,925 |
Seafair Seattle, WA | $1,153,847 | $3,813,389 |