Red Lodge Festival Of Nations Inc
- Assets
- $242.0k
- Revenue
- $17.3k
- Investments
- $237.1k
- Employees
- 0
- Location
- Red Lodge, MT
- Founding
- 08/1983
- Data as of
- 09/2021
- EIN
- 81-0405790
Organization Overview
Red Lodge Festival Of Nations Inc is located in Red Lodge, MT. The organization was established in 1983. 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. Red Lodge Festival Of Nations 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 09/2021, Red Lodge Festival Of Nations Inc generated $17.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $15.5k during the year ending 09/2021. While expenses have increased by 8.0% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Upton President | 1 | $0 | |
Greg Henry Treasurer | 1 | $0 | |
Rhonda Baker Vice President | 1 | $0 | |
Tonya Henry Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,498 |
| Capital Gain Net Income | $10,498 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $142 |
| Total operating and administrative expenses | $4,047 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $15,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,882 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $241,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Red Lodge Festival Of Nations Inc has awarded $11,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BATTISTA EARON PURPOSE: SCHOLARSHIP AWARD FOR HIGHER EDUCATION. | $3,000 |
CARBON COUNTY HISTORICAL SOCIETY & MUSEUM PURPOSE: TO FURTHER RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $2,500 |
THE ROOSEVELT CENTER PURPOSE: TO FURTHER RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $2,000 |
TREVOR WOLFE PURPOSE: SCHOLARSHIP AWARD FOR HIGHER EDUCATION. | $2,000 |
RED LODGE CITY POOL FUND PURPOSE: TO FURTHER RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $1,000 |
ALL NATIONS GARDEN CLUB PURPOSE: TO FURTHER RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cody Stampede Inc Cody, WY | $3,494,478 | $3,110,728 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
Bhs Inc Miles City, MT | $616,353 | $1,455,430 |
Nampa Harvest Festival Association Inc Nampa, ID | $1,363,651 | $1,389,789 |
International Festivals & Events Association Boise, ID | $285,897 | $644,662 |
Greater Grand Forks Fair & Exhibition Association Inc Grand Forks, ND | $529,601 | $337,488 |
Rapid City Summer Nights Rapid City, SD | $175,997 | $286,079 |
Morton County Fair Association New Salem, ND | $0 | $447,939 |
Pembina County Annual Fair And Exhibition Association Cavalier, ND | $377,249 | $248,542 |
Minot Indoor Rodeo Inc Minot, ND | $141,549 | $286,998 |
Glasgow Rodeo Committee Glasgow, MT | $15,032 | $0 |
Ransom County Fair Association Lisbon, ND | $0 | $228,615 |