North Carolina Spot Festival Inc
- Assets
- $94.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampstead, NC
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 56-1950488
Organization Overview
North Carolina Spot Festival Inc is located in Hampstead, NC. The organization was established in 1997. 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. North Carolina Spot Festival 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 12/2023, North Carolina Spot Festival Inc generated $40.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $11.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
NC SPOT FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Ramsey Chairman | 3 | $0 | |
Kelly Jacobsen Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,872 |
| Other Revenue | $0 |
| Total Revenue | $40,415 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $9,933 |
| Printing, publications, postage, and shipping | $665 |
| Other expenses | $0 |
| Total expenses | $11,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,981 |
| Other assets | $0 |
| Total assets | $93,981 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,981 |