Los Altos Festival Of Lights Inc
- Assets
- $283.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 11/1981
- Data as of
- 03/2022
- EIN
- 94-2748340
Organization Overview
Los Altos Festival Of Lights Inc is located in Los Altos, CA. The organization was established in 1981. 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. Los Altos Festival Of Lights 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 03/2022, Los Altos Festival Of Lights Inc generated $91.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $34.0k during the year ending 03/2022. While expenses have increased by 5.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FESTIVAL OF LIGHTS PARADE IS A COMMUNITY-WIDE HOLIDAY PARADE CELEBRATING THE LOS ALTOS COMMUNITY'S OFFICIAL WINTER HOLIDAY SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Sorensen Floats | 1 | $0 | |
David Hale Floats | 1 | $0 | |
Dave Stewart Floats | 1 | $0 | |
Ed Bridgeman Floats | 1 | $0 | |
Edgar Schill Floats | 1 | $0 | |
Ellen Biosi Lava Representative | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,270 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,499 |
| Gain or Loss | $43,560 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,329 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,004 |
| Total expenses | $34,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $283,240 |
| Other assets | $0 |
| Total assets | $283,240 |
| Total liabilities | $0 |
| Net assets or fund balances | $283,240 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Los Altos Festival Of Lights Inc has recieved totaling $80,800.
| Awarding Organization | Amount |
|---|---|
Los Altos Community Foundation Los Altos, CA PURPOSE: OPERATIONS | $35,400 |
Los Altos Community Foundation Los Altos, CA PURPOSE: OPERATIONS | $35,400 |
Los Altos Rotary Endowment Fund Inc Los Altos, CA PURPOSE: TO CELEBATE THE HOLIDAY SEASON IN DOWNTOWN LOS ALTOS | $5,000 |
Los Altos Rotary Endowment Fund Inc Los Altos, CA PURPOSE: TO CELEBATE THE HOLIDAY SEASON IN DOWNTOWN LOS ALTOS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairweather Foundation Minden, NV | $0 | $533,390 |
Southwestern Fair Commission Inc Tucson, AZ | $10,447,798 | $10,245,189 |
Sonoma County Fair & Exposition Inc Santa Rosa, CA | $17,626,127 | $9,756,365 |
Santa Clara County Fair Grounds Management Corporation Inc San Jose, CA | $6,944,822 | $8,647,044 |
California Hotel & Lodging Association Sacramento, CA | $2,645,077 | $3,327,105 |
Solano County Fair Association Vallejo, CA | $3,212,783 | $5,027,208 |
Palm Springs International Film Society Palm Springs, CA | $7,602,219 | $1,734,436 |
Christmas In The Park San Jose, CA | $1,177,728 | $2,488,885 |
San Joaquin County Junior Show And Auction Council Stockton, CA | $530,126 | $2,131,504 |
Butte County Fair Association Gridley, CA | $1,763,823 | $1,978,896 |
Salinas Valley Fair Inc King City, CA | $6,000,712 | $1,626,028 |
Tulare County Junior Livestock Show And Community Fair Porterville, CA | $2,751,501 | $2,048,801 |