Big Island Rendezvous And Festival Inc
- Assets
- $4.9k
- Revenue
- $97.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Albert Lea, MN
- Founding
- 03/1994
- Data as of
- 01/2024
- EIN
- 41-1599007
Organization Overview
Big Island Rendezvous And Festival Inc is located in Albert Lea, MN. The organization was established in 1994. 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. Big Island Rendezvous And 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 01/2024, Big Island Rendezvous And Festival Inc generated $97.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $93.7k during the year ending 01/2024. While expenses have increased by 1.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
1800'S FUR TRADING CAMP REENACTMENT HELD IN OCTOBER WITH CRAFTS & TRADES, MUSIC, GAMES AND FOOD OF THE TIME. EDUCATE PUBLIC ABOUT LIFE OF EARLY SETTLERS IN THE AREA. FIRST TWO DAYS OF FESITVAL EXCLUSIVELY FOR AREA SCHOOL STUDENTS. TOTAL ATTENDANCE IS APPROXIMATELY 11,000.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ADDITION TO PART ONE SUMMARY. TOTAL ATTENDENCE INCLUDES APPROXIMATELY 2,000 SCHOOL STUDENTS DURING EDUCATION DAYS (FIRST TWO DAYS OF FESTIVAL). TOTAL ATTENDENCE IS AN ESTIMATE DUE TO FAMILY PASSES SOLD WHICH CAN BE USED FOR AN ENTIRE FAMILY INSTEAD OF PURCHASING INDIVIUDAL ADMISSION TICKETS. THE ORGANIZATION RECEIVES A SUBSTANTIAL AMOUNT OF DONATED SERVICES FROM VOLUNTEERS, WHICH ARE USED MAINLY DURING THE TIME LEADING UP TO THE EVENT AND THE EVENT ITSELF (FIRST WEEKEND IN OCTOBER). SOME DONATED TIME IS USED THROUGH OUT THE YEAR. THIS ANNUAL EVENT IS HELD THE FIRST FULL WEEKEND IN OCTOBER. EVENT IS HELD AT A LOCAL CITY PARK THAT HAS MINIMAL PARKING AREA SO ATTENDEES ARE BUSSED IN FROM LOCAL COUNTY FAIRGROUNDS WHERE THEY PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dick Dahlen Director | Trustee | $0 | |
Ron Egge Director | Trustee | $0 | |
Perry Vining Operating Di | OfficerTrustee | $0 | |
Karen Hagen Secretary | Officer | $0 | |
Ed Ordalen Vice Preside | Officer | $0 | |
Mark Vanvooren President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $265 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,642 |
| Total Program Service Revenue | $76,440 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,464 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,018 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,822 |
| Office expenses | $838 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,523 |
| All other expenses | $0 |
| Total functional expenses | $93,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,886 |
| Accounts payable and accrued expenses | $73,101 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,000 |
| Total liabilities | $97,101 |
| Net assets without donor restrictions | -$92,215 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,886 |