Sumter Iris Festival Commission Inc
- Assets
- $197.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sumter, SC
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 57-0878901
Organization Overview
Sumter Iris Festival Commission Inc is located in Sumter, SC. 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. Sumter Iris Festival Commission 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 12/2022, Sumter Iris Festival Commission Inc generated $47.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $62.1k during the year ending 12/2022. 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
THE IRIS FESTIVAL IS HELD IN SUMTER,SC EACH YEAR DURING THE MEMORIAL DAY WEEKEND. THE FESTIVAL INCLUDES PARADES, EXHIBIT SHOWS, CONCERTS, AND SIMILAR SOCIAL AND CULTURAL ACTIVITIES. THE FESTIVAL AIMS TO PROMOTE THE SUMTER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Milan Chairperson | 10 | $0 | |
Glenn Peagler Board Member | 0 | $0 | |
Audrey Maple Board Member | 0 | $0 | |
Stephanie Griffin Smith Board Member | 0 | $0 | |
Karen Gaines Treasurer | 0 | $0 | |
Holly Chase Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,711 |
| Total Program Service Revenue | $21,225 |
| Membership dues | $0 |
| Investment income | $169 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,105 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,633 |
| Total expenses | $62,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $197,755 |
| Other assets | $0 |
| Total assets | $197,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $197,755 |