Woolly Worm Festival Of Banner Elk Nc
- Assets
- $129.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Banner Elk, NC
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-4824694
Organization Overview
Woolly Worm Festival Of Banner Elk Nc is located in Banner Elk, NC. The organization was established in 2012. 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. Woolly Worm Festival Of Banner Elk NC 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, Woolly Worm Festival Of Banner Elk NC generated $124.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $73.2k during the year ending 12/2021. 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
THE ORGANIZATION SPONSORED AND PROMOTED THE WOOLLY WORMFESTIVAL OF BANNER ELK. PROCEEDS WERE USED TO EDUCATE ANDSUPPORT THE RESIDENTS AND CITIZENS OF AVERY COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hallie Willis Chairman | 4 | $0 | |
Mary Jo Brubaker Vice-Chairman | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $120,103 |
| Other Revenue | $0 |
| Total Revenue | $124,109 |
| 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 | $3,600 |
| Occupancy, rent, utilities, and maintenance | $17,621 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $11,981 |
| Total expenses | $73,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,961 |
| Other assets | $0 |
| Total assets | $128,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,961 |
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|---|---|---|
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