Knights Of Revelry Inc

Organization Overview

Knights Of Revelry Inc is located in Mobile, AL. The organization was established in 1964. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights Of Revelry Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 04/2022, Knights Of Revelry Inc generated $746.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $863.7k during the year ending 04/2022. While expenses have increased by 11.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AN ANNUAL PARADE FOR THE PUBLIC AND A BALL/RECEPTION FOR MEMBERS AND INVITED GUESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AN ANNUAL PARADE IS THROWN WHICH INVOLVES SEVERAL FLOATS, HIGH SCHOOL MARCHING BANDS, AND OTHER PARADE UNITS. AN ESTIMATED 60,000 SPECTATORS ATTEND THE PARADE. THE ORGANIZATION THROWS AN ANNUAL BALL DURING THE MARDI GRAS SEASON. APPROXIMATELY 400 MEMBERS AND THEIR GUESTS ATTEND. THERE ARE VARIOUS MEMBER-ONLY ACTIVITIES AND SCHEDULED MEETINGS DURING THE YEAR TO SUPPORT THE ANNUAL MARDI GRAS PARADE AND BALL AND TO SUSTAIN MEMBERSHIP.


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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$746,223
Investment income $87
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$302
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $746,008

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