Oswego Harbor Festivals Inc in Oswego, New York (NY)

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Oswego Harbor Festivals Inc
Employer Identification Number (EIN)161348741
Name of OrganizationOswego Harbor Festivals Inc
Address41 Lake Street, Oswego, NY 13126-1021
ActivitiesCultural performances, Commemorative event (centennial, festival, pageant, etc.)
SubsectionCivic League
Ruling Date12/1990
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period10/2012
Assets$25,000 to $99,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$76,527
Amount of Income$631,281
Form 990 Revenue Amount$592,221


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$576,783
Contributions, Gifts, Grants and Other Similar Amounts$395,676
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$383
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$173,201
Gross income from fundraising events$221,107
Less: direct expenses$47,906
Net income from gaming activities$5,906
Gross income from gaming activities$10,083
Less: direct expenses$4,177
Net income from sales of inventory$1,617
Gross sales of inventory, less returns and allowances$11,673
Less: cost of goods sold$10,056
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$573,605
Compensation of current officers, directors, trustees, and key employees$37,823
Other salaries and wages$60,246
Payroll taxes$9,030
Professional fundraising services$0
Other$466,506
Balance Sheet (for 2011)
Total assets$90,556
Total liabilities$17,370
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$17,370
Total net assets or fund balances$73,186
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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