Overview

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Est.

2007

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Festival Foundation, doing business as the National Cherry Festival, is a nonprofit organization dedicated to promoting and educating the community about cherries and agriculture through various programs and events. With an operating budget of $5.1 million and total revenue of $4.8 million for the 2024 filing year, the organization engages in human rights and human services initiatives. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.cherryfestival.org.

Mission Statement

PROVIDE PROGRAMS & EVENTS THAT PROMOTE & EDUCATE THE COMMUNITY ABOUT CHERRIES AND AGRICULTURE.
Revenues
$4.8M
Expenses
$5.1M
Net Income:
-$310.7K
Assets
$1.5M
Liabilities
$581.6K
Net Assets:
+$904.1K
Operating Budget
$5.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$80K
Largest grant received
$80K
K
Kathleen Paye
Board Member
K
Kelli Mengebier
Board Member
K
Kevin Severt
Board Member

Frequently Asked Questions

What is THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL’s budget?
In 2024, THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL reported an annual operating budget of around $5.1 million. More detailed financial information is available to registered users.
What causes does THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL support?
THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL supports work in Human rights and Human services.
Where does THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL operate?
THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL is headquartered in Traverse City, MI.
Who funded THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL recently?
In 2025, THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL received grants from CHARITIES AID FOUNDATION AMERICA, DTE ENERGY FOUNDATION, and DTE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL received in 2024?
The largest grant to THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL in 2024 exceeds $80 thousand.