Wv Three Rivers Festival Inc
- Assets
- $77.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairmont, WV
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 55-0676838
Organization Overview
Wv Three Rivers Festival Inc is located in Fairmont, WV. The organization was established in 1992. 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. WV Three Rivers Festival Inc 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 06/2022, WV Three Rivers Festival Inc generated $69.3k 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 (3.2%) each year. All expenses for the organization totaled $72.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
HELD ANNUAL FESTIVAL IN FAIRMONT, WV INCLUDING A PARADE, CARNIVAL, VARIOUS PAGEANTS, FIREWORKS DISPLAYS AND OTHER ENTERTAINMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Patsy Board Member | 1 | $1,500 | |
Mike Swearingen President | 1 | $0 | |
Sam Patsy Treasurer | 1 | $0 | |
Joni Parrish Board Member | 1 | $0 | |
Jay Rogers Board Member | 1 | $0 | |
Sharon Swearingen Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,320 |
| Total Program Service Revenue | $30,986 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,306 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,633 |
| Total expenses | $72,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,373 |
| Other assets | $0 |
| Total assets | $77,373 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,373 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
York County Agricultural Society York, PA | $13,244,124 | $7,172,303 |
Maryland State Fair And Agricultural Society Inc Timonium, MD | $17,597,510 | $10,711,144 |
National Automatic Merchandising Association Arlington, VA | $9,038,730 | $6,619,737 |
American Peanut Council Inc Alexandria, VA | $2,565,849 | $4,863,109 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Lorain County Agricultural Society Wellington, OH | $4,929,165 | $4,841,309 |
Norfolk Festevents Ltd Norfolk, VA | $2,813,598 | $4,090,710 |
National D-Day Memorial Foundation Ltd Bedford, VA | $18,908,429 | $4,372,645 |
Virginia Beach Events Unlimited Inc Virginia Beach, VA | $1,283,401 | $2,894,814 |
Mercer County Fairgrounds Inc Celina, OH | $1,357,772 | $2,172,389 |
Pennsylvania Petroleum Association Inc Middletown, PA | $4,020,377 | $1,812,041 |
Cleveland National Air Show Inc Cleveland, OH | $1,205,857 | $2,047,075 |