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THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL
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THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL
Traverse City, MI, US
•
501(c)(3)
•
EIN
26-0883148
•
WWW.CHERRYFESTIVAL.ORG
THE FESTIVAL FOUNDATION D/B/A NATIONAL CHERRY FESTIVAL
Sign up to claim this org
Traverse City, MI, US
•
501(c)(3)
•
EIN
26-0883148
•
WWW.CHERRYFESTIVAL.ORG
Overview
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Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$1,485,704
Cash & Equivalents
62%
Other Assets
12%
Inventories
10%
Prepaid Expenses
7%
Property, Plant, & Equipment (net)
7%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in
2024
(Year End)
$581,558
Deferred Revenue
90%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$745,640
$924,284
+24%
Receivables (Non-Related)
$95,475
$21,916
-77%
Related-Party Receivables
-
-
-
Inventories
$113,338
$149,135
+32%
Prepaid Expenses
$108,726
$105,440
-3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$103,985
$103,881
0%
Other Assets
$223,078
$181,048
-19%
Total Assets
$1,390,242
$1,485,704
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$49,595
$56,026
+13%
Grants Payable
$31,500
-
-
Deferred Revenue
$117,300
$525,532
+348%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$61,130
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$259,525
$581,558
+124%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,130,717
$904,146
-20%
Net assets
2023
2024
Change
Net assets
+$1,130,717
+$904,146
-20%
Balance Sheet