Macon Georgia Cherry Blossom Festival Inc
- Assets
- $1.7m
- Revenue
- $2.0m
- Investments
- $56.3k
- Employees
- 4
- Location
- Macon, GA
- Founding
- 05/1988
- Data as of
- 06/2022
- EIN
- 58-1648127
Organization Overview
Macon Georgia Cherry Blossom Festival Inc is located in Macon, GA. The organization was established in 1988. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Macon Georgia Cherry Blossom Festival Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Macon Georgia Cherry Blossom 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 06/2022, Macon Georgia Cherry Blossom Festival Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. 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
MACON, GEORGIA'S INTERNATIONAL CHERRY BLOSSOM FESTIVAL WORKS TO ENHANCE THE QUALITY OF LIFE, COMMUNITY FELLOWSHIP, AND CIVIC PRIDE OF ALL MACON AND MIDDLE GEORGIA RESIDENTS THROUGH THE ENCOURAGEMENT, DEVELOPMENT, AND COORDINATION OF SELECTED RECREATIONAL, CULTURAL, EDUCATIONAL AND SOCIAL ACTIVITIES. THROUGH EACH ACTIVITY THE CHERRY BLOSSOM FESTIVAL CELEBRATES THE MACON AND MIDDLE GEORGIA COMMUNITY BY HONORING "LOVE, BEAUTY, AND INTERNATIONAL FRIENDSHIP."
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACON, GEORGIA'S INTERNATIONAL CHERRY BLOSSOM FESTIVAL CELEBRATED ITS 40TH FESTIVAL AS IT SHOWCASED THE BEST OF MACON AND MIDDLE GEORGIA. FOR 10 DAYS, GUESTS FROM ALL AROUND GEORGIA, THE COUNTRY AND WORLD CELEBRATED THE BEAUTY OF THE YOSHINO CHERRY TREES IN MACON, GEORGIA, A TOWN REFERRED TO BY CONGRESSIONAL RECORDS AS THE CHERRY BLOSSOM CAPITAL OF THE WORLD. THE COMMUNITY AND VISITORS CELEBRATED THE 40TH FESTIVAL BY WALKING AND DRIVING THE CHERRY BLOSSOM TRAIL, PARTICIPATING IN CORNERSTONE AND COMMUNITY FAVORITE EVENTS, AND JOINING IN THE FUN OF NEW PROGRAMMING PUT ON BY MACON, GEORGIA'S INTERNATIONAL CHERRY BLOSSOM FESTIVAL AND ITS UMBRELLA, SANCTIONED EVENTS. WITH 80 PERCENT OF INTERNATIONAL CHERRY BLOSSOM FESTIVAL'S IN-HOUSE PRODUCED EVENTS FREE OR AT A NOMINAL ADMISSION FEE, ALL RESIDENTS AND VISITORS WERE ABLE TO PUT ON THEIR PINK, JOIN IN THE FESTIVITIES, AND CELEBRATE "LOVE, BEAUTY, AND INTERNATIONAL FRIENDSHIP," THE FESTIVAL'S FOUNDING PRINCIPLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Campbell Moore President & | Officer | 40 | $120,230 |
Dr Ivan Allen Board Chair | OfficerTrustee | 1 | $0 |
Karla Redding Andrews Secretary | OfficerTrustee | 1 | $0 |
Donald Bailey Chairman Clu | OfficerTrustee | 1 | $0 |
Carolyn Crayton Founder | OfficerTrustee | 1 | $0 |
Elizabeth Cleveland Festival Cha | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $603,893 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,669 |
| Total Program Service Revenue | $1,017,256 |
| Investment income | $2,568 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,764 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,959,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,126 |
| Compensation of current officers, directors, key employees. | $25,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,095 |
| Pension plan accruals and contributions | $8,459 |
| Other employee benefits | $25,096 |
| Payroll taxes | $22,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,042 |
| Fees for services: Other | $61,420 |
| Advertising and promotion | $18,006 |
| Office expenses | $19,262 |
| Information technology | $66,140 |
| Royalties | $0 |
| Occupancy | $55,354 |
| Travel | $14,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,280 |
| Interest | $5,786 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,870 |
| Insurance | $2,803 |
| All other expenses | $694,478 |
| Total functional expenses | $1,352,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $745,929 |
| Savings and temporary cash investments | $594,602 |
| Pledges and grants receivable | $75,297 |
| Accounts receivable, net | $80,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,023 |
| Prepaid expenses and deferred charges | $8,564 |
| Net Land, buildings, and equipment | $104,853 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $56,302 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,677,505 |
| Accounts payable and accrued expenses | $24,401 |
| Grants payable | $0 |
| Deferred revenue | $4,181 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $146,363 |
| Other liabilities | $8,350 |
| Total liabilities | $183,295 |
| Net assets without donor restrictions | $1,256,946 |
| Net assets with donor restrictions | $237,264 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,677,505 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Macon Georgia Cherry Blossom Festival Inc has recieved totaling $8,528.
| Awarding Organization | Amount |
|---|---|
Robins Financial Credit Union Warner Robins, GA PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,500 |
The Peyton Anderson Foundation Inc Macon, GA PURPOSE: DISCRETIONARY | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Endowment Analysis
| Beg. Balance | $62,678 |
| Earnings | -$7,877 |
| Net Contributions | $1,500 |
| Ending Balance | $56,302 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Florida Fair And Expositions Inc West Palm Beach, FL | $32,703,938 | $15,373,950 |
Liberty Bowl Festival Assn Memphis, TN | $2,194,602 | $10,839,086 |
Florida Strawberry Festival Inc Plant City, FL | $39,584,482 | $13,416,291 |
Miami-Dade County Fair & Exposition Inc Miami, FL | $15,666,768 | $1,720,352 |
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 |
Southwest Florida And Lee County Fair Assoc Inc North Fort Myers, FL | $1,940,005 | $4,555,563 |
Friends Of The Festival Inc Chattanooga, TN | $2,789,360 | $3,355,227 |
Central Florida Fair Inc Orlando, FL | $10,116,384 | $5,172,204 |
Ye Mystic Krewe Of Gasparilla Tampa, FL | $6,049,396 | $2,796,531 |
Clay County Fair Association Inc Green Cove Springs, FL | $6,279,588 | $2,806,382 |
Pensacola Interstate Fair Inc Pensacola, FL | $4,285,068 | $3,576,986 |