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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
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
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Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$4,788,308
Program Services
80%
Other
15%
Contributions
4%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$5,098,959
Other
57%
Fees to Service Providers
21%
Salaries & Benefits
16%
Offices, Occupancy & IT
3%
Depreciation
1%
Advertising & Promotion
1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$196,319
$187,559
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,331,910
$3,831,048
-12%
Membership Dues
$0
$0
-
Investments
$33,429
$33,005
-1%
Other
$800,988
$736,696
-8%
Total Revenues
$5,362,646
$4,788,308
-11%
Expenses
2023
2024
Change
Grants
$10,675
$24,225
+127%
Benefits to Members
$0
$0
-
Salaries & Benefits
$719,242
$808,674
+12%
Fees to Service Providers
$1,139,198
$1,052,413
-8%
Advertising & Promotion
$37,088
$61,662
+66%
Offices, Occupancy & IT
$147,557
$158,469
+7%
Interest
$1,254
$0
-100%
Depreciation
$67,161
$66,383
-1%
Other
$3,216,525
$2,927,133
-9%
Total Expenses
$5,338,700
$5,098,959
-4%
Net income
2023
2024
Change
Net income
+$23,946
-$310,651
-1397%
Functional Expenses
Summary
2023
2024
Change
Program
$4,295,199
$3,998,479
-7%
Admin
$1,043,501
$1,100,480
+5%
Fundraising
$0
$0
-
Total Expenses
$5,338,700
$5,098,959
-4%
Income Statement