Overview
What is Earl Scruggs Music Festival Inc?
Earl Scruggs Music Festival Inc is a nonprofit organization, specifically classified under 509(a)(3)(b)(i), dedicated to supporting charitable initiatives associated with their annual event and related organizations. Beyond administrative expenses, any surplus funds are distributed in accordance with federal and state regulations. The organization's primary focus is the 2022 Music Festival, which takes place in Shelby, NC. This event serves as a platform for their charitable endeavors, inviting attendees to contribute to their cause.
Is Earl Scruggs Music Festival Inc legitimate?
Earl Scruggs Music Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Earl Scruggs Music 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 Earl Scruggs Music Festival Inc?
The Earl Scruggs Music Festival Inc, as a charitable organization, supports various initiatives associated with its annual event and related organizations. Exceeding administrative expenses, the organization adheres to federal and state regulations in distributing funds. The primary program of Earl Scruggs Music Festival Inc is the annual 2022 Music Festival, which takes place in Shelby, NC. The mission of this organization is to utilize its resources to contribute to these charitable endeavors.
Who is the CEO of Earl Scruggs Music Festival Inc?
Stephen Matheny is the Treasurer of Earl Scruggs Music Festival Inc.
What is the revenue of Earl Scruggs Music Festival Inc?
Earl Scruggs Music Festival Inc's revenue in 2022 was $5,096.
Who are the executives of Earl Scruggs Music Festival Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Earl Scruggs Music Festival Inc?
Earl Scruggs Music Festival Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Earl Scruggs Music Festival Inc
Earl Scruggs Music Festival Inc, a 509(a)(3)(b)(i) organization, is dedicated to advancing charitable initiatives tied to their annual event and related organizations. Their primary mission involves managing administrative expenses effectively and then distributing any surplus funds in compliance with federal and state regulations. The heart of their operations lies in the organization of the annual 2022 Music Festival, which takes place in Shelby, NC. This festival serves as a platform for supporting and promoting related charitable efforts.
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Impact
October, 2024
Earl Scruggs Music Festival Inc significantly impacts the community by promoting the rich heritage of bluegrass music and supporting local arts. The festival fosters a vibrant cultural environment in Shelby, NC, by attracting music lovers and artists, which stimulates economic activity in the area through tourism and local spending.
By channeling funds generated from the festival into charitable efforts and related organizations, the initiative strengthens community ties and supports various artistic endeavors. This ensures that the spirit of Earl Scruggs and bluegrass music continues to inspire future generations while also providing a platform for artists to showcase their talents.
In addition, the festival encourages community involvement and volunteerism, creating a sense of unity among attendees and residents alike. With a mission centered around the arts, Earl Scruggs Music Festival plays a vital role in preserving and enhancing the cultural fabric of the region, making a lasting positive impact on the local community.
This information is meant to be a general summary of Earl Scruggs Music 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 2022.
- Program Service Revenue: $5,096
- Gross Receipts: $5,096
Assets and Liabilities:
- Total Assets: $53,694
- Total Liabilities: $1,550
- Net Assets: $52,144
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Organization Details
Phone
(704) 487-6233Principal Officer
Stephen Matheny
Main Address
PO BOX 2063, SHELBY, NC, 28151
NTEE Category
Code: A68 - Arts
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