Danish Festival Inc
- Assets
- $221.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Greenville, MI
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 38-1869399
Organization Overview
Danish Festival Inc is located in Greenville, MI. The organization was established in 2015. 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. Danish 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, Danish Festival Inc generated $135.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $148.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) 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
2 1/2 DAY DANISH FESTIVAL - APPROXIMATELY 150,000 WILL ATTEND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Videan Executive Director | 40 | $31,231 | |
Andrea Krause President | 0.5 | $0 | |
Judy Snyder Treasurer | 1 | $0 | |
Jesper Dinesen Fundraising Director | 0.5 | $0 | |
Karen Marsman Children's Director | 0.5 | $0 | |
Bob Ferrentino Tivoli Gardens Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,271 |
| Total Program Service Revenue | $117,298 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,909 |
| Total Revenue | $135,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,231 |
| Professional fees and other payments to independent contractors | $3,254 |
| Occupancy, rent, utilities, and maintenance | $10,813 |
| Printing, publications, postage, and shipping | $199 |
| Other expenses | $103,358 |
| Total expenses | $148,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $213,206 |
| Other assets | $0 |
| Total assets | $221,470 |
| Total liabilities | $19,797 |
| Net assets or fund balances | $201,673 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Danish Festival Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Spectrum Health System Grand Rapids, MI PURPOSE: COMMUNITY FESTIVAL | $12,000 |
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|---|---|---|
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Holland Tulip Time Festival Inc Holland, MI | $1,138,959 | $1,752,331 |
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Italian American Cultural Society Clinton Township, MI | $2,637,120 | $1,171,605 |
Centro Multicultural La Familia Inc Pontiac, MI | $347,451 | $1,498,588 |
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Federation Of Balkan American Associations Inc Troy, MI | $2,512,886 | $991,033 |