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Lost In The 50's Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820496918 ✦ Sandpoint, ID ✦ Designated as a 501(c)(3)

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Overview

What is Lost In The 50's Inc?

Lost in the 50's Inc is a nonprofit organization located in Sandpoint, Idaho (215 S 2nd AVE). Their primary activity revolves around hosting a two-day event, featuring a car show, dance, and 5K run. This annual event attracts hundreds of people to the area, thereby benefiting local hotels, restaurants, and various clubs and organizations by providing them with an opportunity to fundraise. The event generates revenue through car show fees, merchandise sales, and ticket sales for the dance. In essence, Lost in the 50's Inc serves as a catalyst for community engagement and local economic growth.

Is Lost In The 50's Inc legitimate?

Lost In The 50's Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lost In The 50's Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lost In The 50's Inc?

Lost in the 50's Inc organizes a significant community event spanning over two or three days, attracting a large crowd. The event includes a car show, dance, and a 5K run. The primary objective is to raise funds, benefiting local hotels, restaurants, and various clubs and organizations. The revenue is generated through car show fees, merchandise sales, and concert and dance ticket sales. This activity not only draws a substantial number of people to the area but also aids the clubs and organizations in their fundraising activities.

Who is the CEO of Lost In The 50's Inc?

Carolyn Gleason is the President of Lost In The 50's Inc.

What is the revenue of Lost In The 50's Inc?

Lost In The 50's Inc's revenue in 2022 was $4,233.

Who are the executives of Lost In The 50's Inc and what are their salaries?


Here are 2 key members and their salaries:


Carolyn Gleason (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Transue (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lost In The 50's Inc?

Lost In The 50's Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lost In The 50's Inc

Lost in the 50's Inc, a notable entity, organizes a significant two-day event that attracts numerous people. This event features a car show, a dance, and a 5K run, serving as a major draw for the local community. The primary purpose of this event is to raise funds for various local hotels, restaurants, clubs, and organizations. The revenue generated from car show fees, merchandise sales, and ticket sales for the dance contributes to the success of the event. By drawing in hundreds of people, this activity also bolsters the fundraising activities of the local clubs and organizations.

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Impact




August, 2024

Lost In The 50's Inc's impact is significant in the community of Sandpoint, Idaho. The organization hosts a major small-town event that draws hundreds of people for a two-day extravaganza featuring a car show, dance, and 5K run. This event not only benefits area hotels and restaurants by attracting a large number of visitors, but it also supports various local clubs and organizations in their fundraising efforts.

Through activities such as car show fees, merchandise sales, and concert dance ticket sales, Lost In The 50's Inc generates revenue to organize and host this event. The economic boost provided to the area businesses, as well as the support extended to local clubs and organizations, showcases the organization's positive impact on the community. Additionally, by fostering a sense of nostalgia and community spirit, Lost In The 50's Inc promotes a vibrant and engaging atmosphere in Sandpoint.




This information is meant to be a general summary of Lost In The 50's Inc. 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.

Revenue
$4,233 (2022)
Expenses
$11,917 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $157,330

Assets and Liabilities:

  • Total Assets: $1,592
  • Total Liabilities: $45,795
  • Net Assets: -$44,203

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Organization Details

Founding Year

1999

Principal Officer

Carolyn Gleason

Main Address

215 S 2nd AVE, SANDPOINT, ID, 83864

NTEE Category

Code: T40 - Philanthropy

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