Astoria Scandinavian Midsummer Festival Association
- Assets
- $20.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Astoria, OR
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 51-0187839
Organization Overview
Astoria Scandinavian Midsummer Festival Association is located in Astoria, OR. The organization was established in 1976. 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. Astoria Scandinavian Midsummer Festival Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Astoria Scandinavian Midsummer Festival Association generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 7 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
PROMOTE AND CONDUCT ANNUAL SCANDINAVIAN MIDSUMMER FESTIVAL AND OTHER ACTIVITIES DESIGNED TO KEEP ALIVE AND FURTHER SCANDINAVIAN HERITAGE IN CLATSOP COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Higgins Secretary | 1 | $0 | |
Carole Lyngstad Treasurer | 1 | $0 | |
Loran Mathews Budget Manager | 1 | $0 | |
Bernadeth Ladd Director | 1 | $0 | |
Tony Larson Vice President | 1 | $0 | |
Matt Chapman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $469 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,460 |
| 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 | $1,055 |
| Occupancy, rent, utilities, and maintenance | $204 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,383 |
| Total expenses | $11,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,916 |
| Other assets | $0 |
| Total assets | $20,568 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,568 |
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