Sparta Festivals Inc
- Assets
- $208.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sparta, WI
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 39-1494880
Organization Overview
Sparta Festivals Inc is located in Sparta, WI. The organization was established in 1990. 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. Sparta Festivals 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, Sparta Festivals Inc generated $134.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $109.9k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
TO GENERATE FUNDS THROUGH PROMOTION OF THE CITY OF SPARTA TO BETTER THE COMMUNITY AND CREATE COMMUNITY AWARENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Smith President | 2 | $0 | |
Charles Weaver Vice President | 2 | $0 | |
Garlynn Brookshaw Treasurer | 2 | $0 | |
Collin Nugent Secretary | 2 | $0 | |
Brad Bohl Board Member | 2 | $0 | |
Delores Bowen Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,400 |
| Total Program Service Revenue | $120,191 |
| Membership dues | $84 |
| Investment income | $1,810 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,485 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $19,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,207 |
| Total expenses | $109,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,301 |
| Other assets | $0 |
| Total assets | $208,301 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,301 |