Lincoln Highway Heritage Festival Inc is located in Rochelle, IL. The organization was established in 1999. 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. Lincoln Highway Heritage Festival 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, Lincoln Highway Heritage Festival Inc generated $18.1k 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 (12.0%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) 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
THE LINCOLN HIGHWAY HERITAGE FESTIVAL, EMPHASIZING FAMILY ENTERTAINMENT AND COMMUNTIY PRIDE, IS A CELEBRATION OF ROCHELLE'S RICH PAST AND PRESENT HISTORY OF TRANSPORTATION, BUSINESS AND INDUSTRIAL DEVELOPMENT. WE INVITE ONE AND ALL TO COME AND CELEBRATE WITH US DURING THIS FESTIVAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Chrisco President | 0 | $0 | |
Pete Agnos Vice Preside | 0 | $0 | |
Kathy Yocum Treasurer | 0 | $0 | |
Willie Watson Director | 0 | $0 | |
Marcus Chesko Director | 0 | $0 | |
Beth Kvool Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $18,084 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $18,124 |
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 | $895 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,329 |
Total expenses | $20,224 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,363 |
Other assets | $0 |
Total assets | $36,363 |
Total liabilities | $0 |
Net assets or fund balances | $36,363 |