Culpeper Air Fest Foundation is located in Culpeper, VA. The organization was established in 2011. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Culpeper Air Fest Foundation 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 undefined, Culpeper Air Fest Foundation generated $14.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $3.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
PROMOTE AVIATION EDUCTION IN CULPEPER COUNTY, VIRGINIA, AND THE SURROUNDING REGION BY PRODUCING THE ANNUAL CULPEPER AIR FEST. THE AIR FEST IS A FREE EVENT TO THE PUBLIC. THE 2020 AIR FEST WAS CANCELED DUE TO COVID-19.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Dalrymple Vice President | 1 | $0 | |
Steve Nixon Board Member | 1 | $0 | |
James Stakes Treasurer | 1 | $0 | |
Norm Laudermilch President | 1 | $0 | |
Heather Heard Secretary | 1 | $0 | |
Tony Rozwadowski Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,115 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,115 |
Statement of Expenses | |
---|---|
Total expenses | $3,127 |
Balance Sheet | |
---|---|
Total assets | $68,500 |
Total liabilities | $110 |
Net assets or fund balances | $68,390 |
Over the last fiscal year, we have identified 1 grants that Culpeper Air Fest Foundation has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
Career Partners Inc Culpeper, VA PURPOSE: TO ASSIST THE ORGANIZATION WITH ITS PURPOSE OF AVIATION EDUCATION. | $7,500 |
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