Centralia Downtown Festivals Association
- Assets
- $22.1k
- Revenue
- $18.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Centralia, WA
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 83-0635016
Organization Overview
Centralia Downtown Festivals Association is located in Centralia, WA. The organization was established in 2018. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centralia Downtown Festivals Association 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 12/2021, Centralia Downtown Festivals Association generated $18.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $12.1k during the year ending 12/2021. While expenses have increased by 13.9% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLAN AND PROVIDE EVENTS TO DOWNTOWN CENTRALIA INCLUDING THE ANTIQUE FESTIVALHOLLOWEEN GHOST WALK TOURS AND CHRISTMAS MARKET
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Phelps President | 1 | $0 | |
Lauri Obrien Treasurer | 1 | $0 | |
Sandra Walczyk Secretary | 1 | $0 | |
Barbara Jones Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,994 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,320 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,781 |
| Total operating and administrative expenses | $12,101 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $12,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,304 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $750 |
| 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 | $22,054 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chump Change Foundation Kirkland, WA | $52,581 | $511,084 |
Magnolia Better Together Seattle, WA | $5,857 | $0 |
Love In The Name Of Christ Of Yakima Yakima, WA | $382,819 | $210,005 |
Communities Of Concern Commission Seattle, WA | $516,318 | $303,500 |
Kline Galland Center Foundation Seattle, WA | $40,967,797 | $3,584,951 |
Butte Falls Community School Partnership Butte Falls, OR | $762,666 | $118,448 |
Petersville Community Non-Profit Corporation Trapper Creek, AK | $194,864 | $0 |
Brilliance Labs Portland, OR | $2,722,476 | $3,255,829 |
Wider Horizons Seattle, WA | $125,399 | $0 |
Othello Beautification Committee Othello, WA | $58,463 | $0 |
Kirkland Parks & Community Foundation Kirkland, WA | $57,089 | $0 |
The Slavonian-American Benevolent Society Tacoma, WA | $117,773 | $0 |