Lincoln County Fairs & Festivals Inc
- Assets
- $286.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamlin, WV
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 43-2000094
Organization Overview
Lincoln County Fairs & Festivals Inc is located in Hamlin, WV. The organization was established in 2004. 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. Lincoln County Fairs & Festivals 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 County Fairs & Festivals Inc generated $67.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $55.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 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
MISSION OF PROMOTING FAIRS AND FESTIVALS WITHIN LINCOLN COUNTY, WEST VIRGINIA. THIS WAS ACHIEVED BY HOSTING AND PROMOTING MULTIBLE EVENTS IN LINCOLN COUNTY, WEST VIRGINIA DURING THE YEAR ENDED DECEMBER 31, 2021...
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Browning Treasurer | 1 | $0 | |
Becky Lucas Bartell Secretary | 1 | $0 | |
Brian Shirley Vice President | 1 | $0 | |
Don Gilkerson Vice President | 1 | $0 | |
Frances Pack Director | 1 | $0 | |
Alicia Page Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,034 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,034 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,265 |
| Total expenses | $55,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,719 |
| Other assets | $0 |
| Total assets | $286,581 |
| Total liabilities | $350 |
| Net assets or fund balances | $286,231 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln County Fairs & Festivals Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Encova Foundation Of West Virginia Charleston, WV PURPOSE: WV HILLBILLY DAYS FESTIVAL | $500 |
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