North Carolina Azalea Festival Wilmington Inc
- Assets
- $1.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Wilmington, NC
- Founding
- 11/2016
- Data as of
- 09/2022
- EIN
- 56-0755213
Organization Overview
North Carolina Azalea Festival Wilmington Inc is located in Wilmington, NC. The organization was established in 2016. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, North Carolina Azalea Festival Wilmington Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Azalea Festival Wilmington 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 09/2022, North Carolina Azalea Festival Wilmington Inc generated $2.1m 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 (3.3%) each year. All expenses for the organization totaled $2.1m during the year ending 09/2022. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NORTH CAROLINA AZALEA FESTIVAL IS TO BE NATIONALLY RECOGNIZED AS A SHOWCASE FOR OUR COMMUNITY'S RICH ARRAY OF ARTWORK, GARDENS, HISTORY AND CULTURE THROUGH RECREATIONAL, EDUCATION AND FAMILY ORIENTED EVENTS. THE FESTIVAL ENCOURAGES VOLUNTEERISM AND CIVIC INVOLVEMENT AS IT CONTRIBUTES TO THE REGION'S ECONOMY AND PROMOTES THE UNIQUE QUALITIES OF WILMINGTON'S RIVER-TO-SEA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTH CAROLINA AZALEA FESTIVAL AT WILMINGTON, INC. (THE "FESTIVAL") PLANS, ORGANIZES AND PRESENTS AN ANNUAL COMMUNITY-BASED FESTIVAL FOR ONE WEEK EACH APRIL WHEN THE AREA'S AZALEAS ARE IN FULL BLOOM. THE FESTIVAL IS DESIGNED TO EDUCATE PARTICIPANTS ON THE ARTISTRY, HISTORY, CULTURE, AND BEAUTY OF THE WILMINGTON, NC AREA WHILE PROMOTING COMMUNITY PRIDE, VOLUNTEERISM, AND CIVIC AWARENESS. THE FESTIVAL'S EVENTS/ACTIVITIES, WHICH INCLUDE A STREET FAIR; PARADE; GARDEN AND HISTORICAL HOME TOURS; ART SHOWS; CONCERTS; AND VARIOUS OTHER FAMILY-ORIENTED ATTRACTIONS, ARE ATTENDED BY 300,000+ PEOPLE. THE FOLLOWING EVENTS AND ACTIVITIES ALL TAKE PLACE DURING THE WEEK OF THE ANNUAL FESTIVAL: 1. A STREET FAIR AND ART EXHIBITION SHOWCASING THE WORK OF AREA ARTISANS, CRAFTSMEN AND AREA FOOD VENDORS. 2. PUBLIC STAGED PERFORMANCES SHOWCASING THE TALENTS OF AREA MUSICIANS AND DANCERS. THIS INCLUDES TWO DAYS OF MULTICULTURAL PROGRAMING WHICH FEATURES CONTEMPORARY AND TRADITIONAL MUSIC, DANCE, AND ETHNIC PAGEANTRY HIGHLIGHTING WILMINGTON'S CULTURAL DIVERSITY. 3. A PARADE FEATURING MARCHING BANDS FROM AREA AND OTHER NORTH CAROLINA HIGH SCHOOLS; VARIOUS YOUTH ORGANIZATIONS SUCH AS GIRLS SCOUTS AND BOY SCOUTS, AREA PERFORMING ARTS ORGANIZATIONS, AND VARIOUS CIVIC ORGANIZATIONS. 4. YOUTH SPORTING EVENTS INCLUDING RUNNING AND BOXING COMPETITIONS. 5. A CHILDREN'S ART CONTEST AND EXHIBITION. 6. A SCHOLARSHIP PAGEANT FOR HIGH SCHOOL JUNIORS FROM AREA SCHOOLS. PAGEANT WINNERS RECEIVE AN ACADEMIC SCHOLARSHIP AND ARE INVITED TO SERVE AS FESTIVAL AMBASSADORS. 7. EVENING DOWNTOWN WILMINGTON CONCERTS FEATURING TALENT DESIGNED TO DRAW MEMBERS OF THE GREATER WILMINGTON AREA INTO THE DOWNTOWN AREA WHERE THE MAJORITY OF FESTIVAL EVENTS AND ACTIVITIES OCCUR. 8. OTHER FAMILY AND YOUTH ORIENTED ACTIVITIES, SUCH AS A FIREWORKS DISPLAY AND AREA ELEMENTARY SCHOOL VISITS, ALL DESIGNED TO BRING COMMUNITY AWARENESS TO THE FESTIVAL AND ITS MISSION. EVENTS HELD IN PARTNERSHIP WITH OTHER NON-PROFIT PUBLIC CHARITIES INCLUDE: 1. A HISTORIC HOME TOUR WHICH SHOWCASES THE AREA'S HERITAGE, EDUCATING THE GENERAL PUBLIC ON THE HISTORICAL SIGNIFICANCE OF THE WILMINGTON AREA AND THE IMPORTANCE OF HISTORIC PRESERVATION. 2. A WILMINGTON AREA GARDEN TOUR WHICH SHOWCASES THE AREA'S BEAUTY. 3. A CONCERT, FEATURING CULTURALLY DIVERSE MUSICIANS, TO ENCOURAGE A WIDE RANGE OF DEMOGRAPHICS TO COME OUT AND ENJOY THE FESTIVAL TOGETHER. EACH YEAR THE FESTIVAL SELECTS A LOCAL ARTIST TO SHOWCASE HIS OR HER TALENT BY CREATING AN ORIGINAL PIECE OF ARTWORK TO SERVE AS THE OFFICIAL ARTWORK FOR THAT FESTIVAL YEAR. THE SELECTED PIECE OF ART IS REPRINTED AS THE OFFICIAL AZALEA FESTIVAL POSTER AND IS USED TO ADORN OTHER MERCHANDISE ITEMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Baringer Executive Director | Officer | 50 | $74,136 |
Denise Szaloky President-Elect | OfficerTrustee | 5 | $0 |
John E Russ III President | OfficerTrustee | 15 | $0 |
Andrew Nettleman Vice-President | OfficerTrustee | 5 | $0 |
Michael Franklin Secretary | OfficerTrustee | 5 | $0 |
Beck Smith Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,060,672 |
| Investment income | $571 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,061,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,136 |
| Compensation of current officers, directors, key employees. | $14,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,199 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,710 |
| Advertising and promotion | $69,234 |
| Office expenses | $3,742 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,209 |
| Travel | $40,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,793 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,079 |
| Insurance | $37,971 |
| All other expenses | $213,975 |
| Total functional expenses | $2,109,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,384,684 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,337 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,616 |
| Prepaid expenses and deferred charges | $19,595 |
| Net Land, buildings, and equipment | $209,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,488 |
| Total assets | $1,649,802 |
| Accounts payable and accrued expenses | $16,774 |
| Grants payable | $0 |
| Deferred revenue | $13,351 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $37,619 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,634,858 |
| Total liabilities | $1,702,602 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$52,800 |
| Total liabilities and net assets/fund balances | $1,649,802 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Carolina Azalea Festival Wilmington Inc has recieved totaling $28,653.
| Awarding Organization | Amount |
|---|---|
Arts Council Of Wilmington And New Hanover County Wilmington, NC PURPOSE: NC CARES FOR ARTS GRANT | $15,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $13,653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Azalea Festival Wilmington Inc Wilmington, NC | $1,649,802 | $2,061,243 |
Celebrate Freedom Foundation West Columbia, SC | $1,018,379 | $236,295 |
National Emergency Medical Services Memorial Service Oilville, VA | $56,314 | $192,976 |
Maharashtra Mandal-Atlanta Cumming, GA | $308,787 | $0 |
Danville Harvest Jubilee Inc Danville, VA | $209,306 | $155,836 |
Corpsmens Memorial Foundation Cmf Jacksonville, NC | $234,551 | $0 |
Lincoln Forum Williamsburg, VA | $251,305 | $0 |
Jordancon Inc Roswell, GA | $100,358 | $0 |
Light House Group Inc Cary, NC | $264,111 | $0 |
Butler Heritage Foundation Inc Hartsville, SC | $2,065,800 | $491,669 |
Trail Of Faith Valdese, NC | $2,435,172 | $170,426 |
Society Of Colonial Wars In The State Of South Carolina Inc Charleston, SC | $361,451 | $132,982 |