Rockport New Years Eve Inc
- Assets
- $20.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, MA
- Founding
- 10/2015
- Data as of
- 02/2022
- EIN
- 47-4235610
Organization Overview
Rockport New Years Eve Inc is located in Rockport, MA. The organization was established in 2015. 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. Rockport New Years Eve 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 02/2022, Rockport New Years Eve Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $25.5k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
SINCE THE PREVIOUS NEW YEAR'S EVE EVENT WAS CANCELLED, RNYE HELD A "SUMMER PREVIEW EVENT" TO ENGAGE THE PUBLIC. TWO ACTS PERFORMED AT A LOCAL VENUE AND THE EVENT WAS WELL ATTENDED BY 150 PEOPLE. THIS EVENT FEATURED AN ACT NEW TO RNYE (TREND N MOTION) AND REPRESENTED OUR EFFORTS TO PRESENT NEW AND DIVERSIFIED ENTERTAINMENT TO OUR COMMUNITY. OUR MAIN EVENT ON NEW YEAR'S EVE (DECEMBER 31, 2021) WAS CANCELED IN EARLY DECEMBER DUE TO THE RISE OF COVID-19 INFECTIONS IN OUR AREA. ALL PREPARATIONS WERE MADE, MATERIALS PRINTED, AND ENTERTAINERS ENGAGED AT THE TIME OF THE CANCELLATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geof Lyon President | 5 | $0 | |
Monica Lawton Vice President | 5 | $0 | |
Kathleen Carusone Treasurer | 5 | $0 | |
Celene Lyon Secretary | 2 | $0 | |
Suzanne Nangle Director | 1 | $0 | |
Susan Glasser Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,320 |
| Total Program Service Revenue | $3,921 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $125 |
| Other Revenue | $0 |
| Total Revenue | $20,384 |
| 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 | $19,713 |
| Occupancy, rent, utilities, and maintenance | $750 |
| Printing, publications, postage, and shipping | $3,012 |
| Other expenses | $1,998 |
| Total expenses | $25,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,991 |
| Other assets | $0 |
| Total assets | $19,991 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,991 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rockport New Years Eve Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Erie County Agricultural Society Hamburg, NY | $60,939,761 | $12,196,655 |
Massachusetts Corrections Officers Federated Union Milford, MA | $5,016,192 | $3,161,226 |
Deerfield Fair Association Inc Deerfield, NH | $6,809,615 | $2,535,267 |
New England Fuel Institute Inc Wilmington, MA | $718,912 | $1,881,576 |
Champlain Valley Exposition Inc Essex Junction, VT | $5,539,435 | $1,655,626 |
Hampshire Franklin And Hampden Agricultural Soc Northampton, MA | $5,535,484 | $2,024,301 |
Rensselaer County Agricultural And Horticultural Society Schaghticoke, NY | $177,388 | $1,283,672 |
The Woodstock Agricultural Society Woodstock, CT | $6,649,911 | $1,484,894 |
A Taste Of Buffalo Inc Lancaster, NY | $218,839 | $1,255,644 |
Washington County Fair Inc Greenwich, NY | $4,674,177 | $1,578,526 |
Rochester Fringe Festival Inc Rochester, NY | $674,965 | $1,364,718 |
Hopkinton State Fair Association Contoocook, NH | $1,258,390 | $1,344,000 |