Frontier Days Inc
- Assets
- $268.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 08/1984
- Data as of
- 11/2021
- EIN
- 36-3297831
Organization Overview
Frontier Days Inc is located in Arlington Heights, IL. The organization was established in 1984. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, 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. Frontier Days 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 11/2021, Frontier Days Inc generated $126.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $27.2k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (40.2%) 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 Mission:
Part 3 - Line 1
THE PURPOSE OF FRONTIER DAYS, INC. IS TO SERVE THE LOCAL COMMUNITY BY SPONSORING A FIVE DAY FESTIVAL AROUND THE JULY 4TH HOLIDAY. PROCEEDS ARE USED TO PAY FOR THE ENTERTAINMENT, ADMINISTRATIVE COSTS AND VARIOUS OTHER PROGRAMS ASSOCIATED WITH THE EVENT, AND IF THERE ARE EXCESS FUNDS, THEY ARE DONATED TO NONPROFIT COMMUNITY ORGANIZATIONS AND/OR LOCAL GOVERNMENTAL UNITS.
Describe the Organization's Program Activity:
Part 3
PROVIDE A COMMUNITY FESTIVAL FOR THE 4TH OF JULY HOLIDAY BY ORGANIZING EVENTS AND PROVIDING FREE ENTERTAINMENT
TO HELP FUND LOCAL NONPROFIT AND CIVIC GROUPS THROUGH MONEY RAISED AT THE FESTIVAL
MISCELLANEOUS PROGRAMS ASSOCIATED WITH THE FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Wiltse Treasurer | 2 | $0 | |
Kim Kase Co-Chair | 2 | $0 | |
Lars Ohrstrom President | 2 | $0 | |
Tom Peterson Director | 1 | $0 | |
Carmella Lowth Vice President | 2 | $0 | |
Mary Ann Kornblum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $125,959 |
| Membership dues | $0 |
| Investment income | $120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $150 |
| Total Revenue | $126,229 |
| 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 | $1,335 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $723 |
| Other expenses | $25,145 |
| Total expenses | $27,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,450 |
| Other assets | $0 |
| Total assets | $268,783 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,783 |
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