Overview
What is Bourbon On The Banks Festival Inc?
Bourbon On The Banks Festival Inc is a nonprofit organization situated in Frankfort, Kentucky. Its primary objective is to foster economic growth within the downtown area of the city. They accomplish this mission by providing scholarships and financial aid services to students, thereby contributing to their educational growth and development. The organization's activities are geared towards improving the local economy and supporting the educational aspirations of its community.
Is Bourbon On The Banks Festival Inc legitimate?
Bourbon On The Banks Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bourbon On The Banks 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bourbon On The Banks Festival Inc?
Bourbon On The Banks Festival Inc's mission is centered around stimulating economic growth. They accomplish this objective by providing scholarships and student financial aid services. This initiative aims to contribute positively to the financial well-being of students, thereby promoting education and development within their community. By offering these scholarships and financial aid services, the festival plays an active role in empowering students and contributing to their academic success.
What is the revenue of Bourbon On The Banks Festival Inc?
Bourbon On The Banks Festival Inc's revenue in 2024 was $276,339.
Who are the executives of Bourbon On The Banks Festival Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Bourbon On The Banks Festival Inc?
Bourbon On The Banks Festival Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Bourbon On The Banks Festival Inc
Bourbon On The Banks Festival Inc is committed to fostering economic growth in its community, specifically in downtown Frankfort, Kentucky. The organization accomplishes this mission by providing scholarships and financial aid services to students. By offering these resources, Bourbon On The Banks Festival Inc aims to support the educational aspirations of individuals, thereby contributing to the overall development of its community. The festival's efforts in this area help to empower the next generation and contribute to a vibrant, educated workforce, ultimately stimulating economic growth in the area.
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Impact
October, 2024
Bourbon On The Banks Festival Inc plays a pivotal role in promoting economic development in downtown Frankfort, KY. By organizing events that draw visitors and residents alike, the festival enhances local business activity and fosters community engagement. Additionally, through its focus on scholarships and student financial aid services, the festival invests in the education and future opportunities of local students. This dual impact not only invigorates the local economy but also cultivates a supportive environment for education and personal growth within the community.
This information is meant to be a general summary of Bourbon On The Banks 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,338
- Program Service Revenue: $275,001
- Gross Receipts: $276,339
Assets and Liabilities:
- Total Assets: $102,482
- Total Liabilities: $0
- Net Assets: $102,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE SALES
Revenue
$11,341
REFUNDS/REIMBURSEMENTS
SPONSORSHIPS
Revenue
$82,711
TICKET SALES
Revenue
$180,499
VENDOR FEES
Revenue
$450
Organization Details
Principal Officer
Rene True
NTEE Category
Code: B82 - Education
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