Inaugural Ball Committee
- Assets
- $66.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olympia, WA
- Founding
- 09/1968
- Data as of
- 12/2021
- EIN
- 91-0778614
Organization Overview
Inaugural Ball Committee is located in Olympia, WA. The organization was established in 1968. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inaugural Ball Committee is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Inaugural Ball Committee generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ORGANIZES THE INAUGURAL BALL FOR THE STATE OF WASHINGTON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Offutt Treasurer | 1 | $0 | |
Carol Robinson President | 1 | $0 | |
Dan Neuhauser Director | 1 | $0 | |
Suzanne Kluh Director | 1 | $0 | |
Jennelle Riffe Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,670 |
| Gain or Loss | $5,833 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,503 |
| 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 | $3,069 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13 |
| Total expenses | $3,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,169 |
| Other assets | $0 |
| Total assets | $66,169 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Far Star Action Fund Seattle, WA | $2,888,275 | $4,021,717 |
Clarion West Seattle, WA | $716,676 | $351,354 |
Washington State Arts Alliance Foundation Seattle, WA | $39,566 | $250,527 |
Oregon Society Tax Consultants Springfield, OR | $322,682 | $174,972 |
Bainbridge-Ometepe Sister Islands Association Rolling Bay, WA | $351,639 | $189,482 |
Citizens For Clean Air Cheney, WA | $35,697 | $166,411 |
Allied Arts Foundation Seattle, WA | $227,109 | $0 |
Cultural Access Washington Seattle, WA | $59,912 | $0 |
Better Future For All Lake Stevens, WA | $0 | $32,735 |
Woodinville Arts Alliance Woodinville, WA | $6,571 | $20,258 |
Freedom Has A Face Colbert, WA | $170,993 | $0 |
Inaugural Ball Committee Olympia, WA | $66,169 | $0 |