Tell City Schweizer Fest Inc
- Assets
- $276.8k
- Revenue
- $135.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tell City, IN
- Founding
- 11/1967
- Data as of
- 12/2023
- EIN
- 35-6067170
Organization Overview
Tell City Schweizer Fest Inc is located in Tell City, IN. The organization was established in 1967. 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. Tell City Schweizer Fest Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Tell City Schweizer Fest Inc generated $135.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $98.1k during the year ending 12/2023. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY CULTURAL EVENT RAISING MONEY FOR LOCAL ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TAXPAYER DISTRIBUTES FUNDS TO LOCAL CHARITIES, GOVERNMENTAL ENTITIES, SOCIAL CLUBS, AND COMMUNITY ORGANIZATIONS IN ORDER TO FOSTER A STRONGER COMMUNITY AND SENSE OF FELLOWSHIP. MANY OF THE GRANTS ARE USED TO PROVIDE SERVICES TO THE AREA, SUCH AS SCHOOL, POLICE, AND FIRE, WHILE OTHER GRANTS ARE USED TO OFFER ACTIVITIES TO PERSONS RESIDING IN THE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zac Hartz President | OfficerTrustee | 5 | $0 |
Jon Scheer Vice-President | OfficerTrustee | 5 | $0 |
Carol Hagedorn Secretary/treasurer | OfficerTrustee | 5 | $0 |
Chris Cail Director | Trustee | 2 | $0 |
Steve Fortwendel Director | Trustee | 2 | $0 |
Andy Hollinden Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,450 |
| Total Program Service Revenue | $0 |
| Investment income | $537 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $89,346 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,333 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,599 |
| Grants and other assistance to domestic individuals. | $500 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $668 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,420 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $98,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,102 |
| Savings and temporary cash investments | $0 |
| 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 | $3,474 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $109,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,611 |
| Other assets | $0 |
| Total assets | $276,843 |
| 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 | $0 |
| 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 | $276,843 |
| Total liabilities and net assets/fund balances | $276,843 |
Grants Awarded
Over the last fiscal year, Tell City Schweizer Fest Inc has awarded $73,099 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
PERRY COUNTY HABITAT FOR HUMANITY PURPOSE: Operating grant | $2,944 |
ORDER OF THE EASTERN STAR PURPOSE: Operating grant | $6,065 |
UNIVERSITY OF EVANSVILLE PURPOSE: Scholarship | $500 |
KIWANIS CLUB OF TELL CITY PURPOSE: Operating grant | $2,900 |
MARKSMEN THREE POINT CLUB PURPOSE: Operating grant | $1,790 |
NATIONAL WILD TURKEY FEDERATION PURPOSE: Operating grant | $5,050 |