Seymour Oktoberfest Inc
- Assets
- $327.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seymour, IN
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 35-1511996
Organization Overview
Seymour Oktoberfest Inc is located in Seymour, IN. The organization was established in 2018. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Seymour Oktoberfest 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 12/2023, Seymour Oktoberfest Inc generated $184.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $237.8k during the year ending 12/2023. While expenses have increased by 14.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE SEYMOUR OKTOBERFEST DREW APPROXIMATELY 100,000 FESTIVAL GOERS IN 2023. PEOPLE ARE DRAWN TO THE LOCAL FESTIVAL BY THE GERMAN FOOD, THE FESTIVE ATMOSPHERE, AND THE FREE MUSIC AND ENTERTAINMENT. THE PEOPLE COME TO ENJOY AND EXPERIENCE THE BAVARIAN-THEME ACTIVITIES CELEBRATING THE GERMAN HERITAGE OF MANY OF THE FAMILIES OF JACKSON COUNTY. MANY LOCAL NOT-FOR-PROFIT GROUPS PARTICIPATE IN THE THREE-DAY FESTIVAL IN ORDER TO PROMOTE THEIR ORGANIZATION AND TO RAISE FUNDS FOR THEIR PARTICULAR CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Craig Board Member | 0.75 | $0 | |
Amanda Brown Board Member | 0.75 | $0 | |
Brad Lucas Board Member | 0.75 | $0 | |
Bryant Lucas Board Member | 0.75 | $0 | |
Chad Dixon Board Member | 0.75 | $0 | |
Cody Schwade Board Member | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,751 |
| Total Program Service Revenue | $172,643 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,394 |
| 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 | $51,389 |
| Occupancy, rent, utilities, and maintenance | $51,914 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $79,718 |
| Total expenses | $237,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $267,785 |
| Other assets | $0 |
| Total assets | $327,124 |
| Total liabilities | $0 |
| Net assets or fund balances | $327,124 |