Lincoln Highway Heritage Festival Inc
- Assets
- $36.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochelle, IL
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 36-4239791
Organization Overview
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 7 years, the organization has seen revenues fall by an average of (10.7%) 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 (9.9%) per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Agnos Vice Preside | 0 | $0 | |
Rose Edwards Director | 0 | $0 | |
Kathy Yocum Treasurer | 0 | $0 | |
Willie Watson Director | 0 | $0 | |
Marcus Chesko Director | 0 | $0 | |
Laura Thomas Director | 0 | $0 |
Financial Statements
| 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 |
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