Lincoln County Fairs & Festivals Inc
- Assets
- $271.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamlin, WV
- Founding
- 02/2004
- Data as of
- 12/2023
- 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 12/2023, Lincoln County Fairs & Festivals Inc generated $31.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $50.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 5 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
2023
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, WV DURING 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Browning Chairman | 3 | $0 | |
Sarah Shelly Secretary | 1 | $0 | |
Jack Browning Treasurer | 1 | $0 | |
Brian Shirley Vice President | 1 | $0 | |
Rodney Snodgrass Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,526 |
| Total Program Service Revenue | $20,107 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,633 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $129 |
| Other expenses | $50,329 |
| Total expenses | $50,458 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,676 |
| Other assets | $0 |
| Total assets | $271,140 |
| Total liabilities | $0 |
| Net assets or fund balances | $271,140 |