South Carolina Peach Festival Inc
- Assets
- $133.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gaffney, SC
- Founding
- 07/1981
- Data as of
- 08/2022
- EIN
- 57-0707232
Organization Overview
South Carolina Peach Festival Inc is located in Gaffney, SC. The organization was established in 1981. 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. South Carolina Peach Festival Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2022, South Carolina Peach Festival Inc generated $153.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $125.5k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) 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
COMMUNITY PROMOTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Willard Secretary | 0 | $0 | |
Ronnie Benton Chairman | 0 | $0 | |
Brett Clary Vice Chariman | 0 | $0 | |
Gayle White Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,435 |
| Total Program Service Revenue | $85,175 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,610 |
| 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 | $970 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $124,335 |
| Total expenses | $125,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,929 |
| Other assets | $0 |
| Total assets | $133,929 |
| Total liabilities | $5,505 |
| Net assets or fund balances | $128,424 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cullasaja Club Inc Highlands, NC | $18,372,890 | $6,912,030 |
State Agricultural & Mechanical Society Of South Carolina Columbia, SC | $23,287,816 | $9,715,530 |
Sunbelt Agricultural Exposition Inc Moultrie, GA | $986,541 | $2,489,467 |
Fall For Greenville Inc Greenville, SC | $697,819 | $2,086,193 |
Cobb County Fair Association Inc Kennesaw, GA | $4,772,972 | $2,682,405 |
Gcl&fa Inc Lawrenceville, GA | $4,980,328 | $2,365,085 |
Macon Georgia Cherry Blossom Festival Inc Macon, GA | $1,677,505 | $1,959,644 |
Association For Dressings & Sauces Atlanta, GA | $1,247,421 | $1,199,194 |
Western Carolina State Fair Foundation Inc Aiken, SC | $1,367,239 | $885,889 |
Wilson County Office Of Senior Citizens Affairs Inc Wilson, NC | $525,385 | $778,577 |
Charlotte Steeplechase Foundation Inc Mineral Springs, NC | $2,203,870 | $523,611 |
Piedmont Interstate Fair Assn Spartanburg, SC | $1,468,919 | $482,213 |