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Spirit Of The Lake Festival Inc

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

EIN: 830495754 ✦ Mound, MN ✦ Designated as a 501(c)(4)

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Overview

What is Spirit Of The Lake Festival Inc?

Spirit of the Lake Festival Inc is a nonprofit organization situated in Mound, Minnesota. Its primary goal is to foster a sense of community by organizing and hosting events filled with entertainment and excitement, such as a spectacular fireworks display. As a multifaceted organization, it functions as a fair and a county-led entity, playing a significant role in enhancing local leisure experiences.

Is Spirit Of The Lake Festival Inc legitimate?

Spirit Of The Lake Festival Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Spirit Of The Lake Festival Inc submitted a form 990EZ, 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.

What is the mission statement of Spirit Of The Lake Festival Inc?

The Spirit of the Lake Festival Inc's mission involves facilitating a community event, providing programs such as a fireworks display and entertainment. They operate as a multi-type organization, contributing to local festivities and bringing enjoyment to the community. Their primary goal is to organize events that foster a sense of unity and entertainment within the community.

Who is the CEO of Spirit Of The Lake Festival Inc?

Jessica Hill is the President of Spirit Of The Lake Festival Inc.

What is the revenue of Spirit Of The Lake Festival Inc?

Spirit Of The Lake Festival Inc's revenue in 2022 was $135,718.

Who are the executives of Spirit Of The Lake Festival Inc and what are their salaries?


Here are 3 key members and their salaries:


Jessica Hill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Peterson (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Andy Weigman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Spirit Of The Lake Festival Inc?

Spirit Of The Lake Festival Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Spirit Of The Lake Festival Inc

Spirit of the Lakes Festival Inc plays a significant role in bringing the community together by organizing a local event filled with excitement and entertainment. Their mission is to facilitate this event, which includes a spectacular fireworks display, thereby creating a lively atmosphere. This nonprofit organization operates as a fair, county, and other type of organization, providing an opportunity for people to come together and enjoy various programs.

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Impact




October, 2024

The Spirit Of The Lake Festival Inc significantly enriches the Mound, MN community by organizing a vibrant and engaging annual event that fosters local pride and connections. By offering programs such as a spectacular fireworks display and a variety of entertainment options, the festival creates a festive atmosphere that brings residents together.

This event serves as a gathering point for families and friends, encouraging community involvement and support for local vendors and performers. The festival enhances the quality of life in the area, providing recreational opportunities that promote camaraderie and celebration among attendees. Overall, the Spirit Of The Lake Festival Inc plays a pivotal role in nurturing community spirit and reinforcing social bonds in Mound.




This information is meant to be a general summary of Spirit Of The Lake Festival 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
$135,718 (2022)
Expenses
$133,321 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $72,568
  • Gross Receipts: $135,718

Assets and Liabilities:

  • Total Assets: $67,046
  • Total Liabilities: $1,500
  • Net Assets: $65,546

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Organization Details

Principal Officer

Jessica Hill

Main Address

5341 MAYWOOD ROAD, MOUND, MN, 55364

NTEE Category

Code: N523 - Recreation

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