Aquafest Inc

Organization Overview

Aquafest Inc is located in Rice Lake, WI. The organization was established in 1975. 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. Aquafest 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, Aquafest Inc generated $296.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $262.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ATTRACT TOURISM TO RICE LAKE, WI

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZE AND OPERATE A 10 DAY FESTIVAL TO ATTRACT TOURISTS TO RICE LAKE, WI.


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Board, Officers & Key Employees

Name (title)Compensation
Anne Gallagher
Board Member
$0
Bill Smith
Board Member
$0
Jennifer Burish
Secretary
$0
Bob Anderson
Board Member
$0
Deb Larson
Co-Chair
$0
Michelle Grady
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$205,081
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$205,081
Total Program Service Revenue$88,813
Investment income $437
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $1,796
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $296,127

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Waukesha County Fair Association
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Shawano Area Agricultural Society Inc
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$1,161,723
Oakland County 4-H Fair Association
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$1,334,804
Clare County Agricultural Society
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$1,116,969
Home Builders Association Of Southeastern Michigan Inc
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Hancock County Agricultural Society
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Mclean County Fair
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$1,069,814

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