Berea Arts Fest Inc is located in Berea, OH. The organization was established in 1991. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Berea Arts Fest 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 12/2021, Berea Arts Fest Inc generated $52.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
CONDUCT ANNUAL ONE DAY ARTS FESTIVAL AT COE LAKE PARK OHIO.SUNDAY SEPTEMBER 2021 ATTENDED BY AN ESTIMATED 10,000 INDIVIDUALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leslie Alton Secretary | 3 | $0 | |
Georgie Rohde President | 3 | $0 | |
Meg Montag Treasurer | 3 | $0 | |
Andy Fay Fundraising Co Chair | 3 | $0 | |
Kim Dettmer Fundraising Co Chair | 3 | $0 | |
Christie Davenport Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,265 |
Total Program Service Revenue | $15,873 |
Membership dues | $0 |
Investment income | $22 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,723 |
Other Revenue | $0 |
Total Revenue | $52,883 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,525 |
Occupancy, rent, utilities, and maintenance | $4,861 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $23,136 |
Total expenses | $36,022 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,913 |
Other assets | $0 |
Total assets | $68,913 |
Total liabilities | $27,585 |
Net assets or fund balances | $41,328 |
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