August Quarterly Festival Committee Inc is located in Wilmington, DE. The organization was established in 2015. 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. August Quarterly Festival Committee 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 12/2022, August Quarterly Festival Committee Inc generated $47.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $63.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
A TWO-DAY FESTIVAL WAS HELD IN WILMINGTON DE IN 2022. CELEBRATING OUR 208TH YEAR OF CONTINUOUS CELEBRATION OF PETER SPENCER'S PRINCIPLES. ONE DAY WAS DEDICATED TO CHILDREN AND YOUTH WITH PROGRAMMING DEDICATED TO THEIR NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marilyn Monk Chair | 3 | $0 | |
William Jones Treasurer | 3 | $0 | |
Hiram Dyer Events Coordinator | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,351 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $16,104 |
Other Revenue | $0 |
Total Revenue | $47,455 |
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 | $41,301 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $10,031 |
Other expenses | $11,900 |
Total expenses | $63,232 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,641 |
Other assets | $0 |
Total assets | $2,641 |
Total liabilities | $1,000 |
Net assets or fund balances | $1,641 |