Overview
What is The Kentucky Wool Festival Inc Of Pendleton County?
The Kentucky Wool Festival Inc of Pendleton County is an annual event primarily aimed at stimulating the sheep production industry and enhancing marketing opportunities for wool by-products. This nonprofit organization, located in Falmouth, Kentucky, uses this festival as a platform to raise funds for local charitable organizations. The festival serves as a valuable source of information about the wool industry and offers marketing opportunities, thus contributing to its growth while also giving back to the community.
Official website here: www.kywoolfest.org
Is The Kentucky Wool Festival Inc Of Pendleton County legitimate?
The Kentucky Wool Festival Inc Of Pendleton County is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Kentucky Wool Festival Inc Of Pendleton County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kywoolfest.org
What is the mission statement of The Kentucky Wool Festival Inc Of Pendleton County?
The Kentucky Wool Festival Inc of Pendleton County organizes an annual event with a twofold purpose. Primarily, it aims to disseminate information about the wool industry and offer marketing opportunities for related products. Secondly, the festival serves as a platform to raise funds for local charitable organizations. This annual event stimulates sheep production, fosters effective marketing for wool by-products, and offers fundraising opportunities for various charitable causes.
Official website here: www.kywoolfest.org
What is the revenue of The Kentucky Wool Festival Inc Of Pendleton County?
The Kentucky Wool Festival Inc Of Pendleton County's revenue in 2024 was $368,551.
Official website here: www.kywoolfest.org
Who are the executives of The Kentucky Wool Festival Inc Of Pendleton County and what are their salaries?
There 20 volunteers at The Kentucky Wool Festival Inc Of Pendleton County.
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Official website here: www.kywoolfest.org
Where can I find the form 990 for The Kentucky Wool Festival Inc Of Pendleton County?
The Kentucky Wool Festival Inc Of Pendleton County's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kywoolfest.org
Learn more at the official website: www.kywoolfest.org
Mission Statement of The Kentucky Wool Festival Inc Of Pendleton County
The Kentucky Wool Festival Inc of Pendleton County, as an annual event, serves a dual purpose. Its primary mission is to disseminate information and create marketing opportunities within the wool industry. By hosting this festival, the organization aims to stimulate sheep production and effectively market wool by-products. Additionally, the festival provides a platform for local charitable organizations, offering them fundraising opportunities. This annual event is not just an occasion for celebrating the wool industry but also a means to contribute to the community by supporting various charitable causes.
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Impact
October, 2024
The Kentucky Wool Festival in Pendleton County significantly contributes to the local economy and community engagement by promoting the wool industry and its by-products. By providing essential information and marketing opportunities, the festival stimulates sheep production, which supports local farmers and encourages agricultural sustainability.
The event serves as a vital platform for networking, education, and collaboration within the wool and agriculture sectors, thereby enhancing visibility for local artisans and producers. Additionally, the festival raises funds for local charitable organizations, thereby directly impacting community wellbeing and reinforcing social bonds among residents.
Through its annual celebration, the Kentucky Wool Festival not only highlights the importance of wool production but also fosters a sense of community spirit and pride, making it a cornerstone event for Falmouth and the surrounding areas.
This information is meant to be a general summary of The Kentucky Wool Festival Inc Of Pendleton County. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,408
- Program Service Revenue: $365,143
- Gross Receipts: $368,551
Assets and Liabilities:
- Total Assets: $886,233
- Total Liabilities: $0
- Net Assets: $886,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
3 DAY FESTIVAL
Revenue
$365,143
Organization Details
Founding Year
1999
Principal Officer
Steve Thomas
Website
www.kywoolfest.orgNTEE Category
Code: A23 - Arts
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