Newcastle Fair Board Inc is located in Newcastle, OK. 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. Newcastle Fair Board 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 12/2020, Newcastle Fair Board Inc generated $6.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $8.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
OPERATION EXPENSES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,370 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $383 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $6,753 |
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 | $252 |
Occupancy, rent, utilities, and maintenance | $8,078 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $8,330 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,659 |
Other assets | $0 |
Total assets | $133,570 |
Total liabilities | $0 |
Net assets or fund balances | $133,570 |
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