nonprofit logo

The Festival Foundation D/B/A National Cherry Festival

National Cherry Festival

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

EIN: 260883148 ✦ Traverse city, MI ✦ Designated as a 501(c)(3)

Overview

What is The Festival Foundation D/B/A National Cherry Festival?

The Festival Foundation, doing business as the National Cherry Festival, is a nonprofit organization situated in Traverse City, Michigan. With a mission to serve its community, the foundation annually hosts an eight-day festival filled with events to promote the cherry and agriculture industry in the Grand Traverse region. This celebration encompasses nightly live entertainment, parades, races, culinary and wine events, air shows, horticultural tours, fireworks, children's programming, and heritage-related activities. The organization also hosts the Icmep MTB Race annually and other events that support and promote the Grand Traverse region. Their activities aim to educate the community about cherries and agriculture, fostering a sense of patriotism, community involvement, volunteerism, and preserving the history, art, and culture of the region. The foundation employs a team of 9 individuals to carry out these initiatives.


Official website here: www.cherryfestival.org

Is The Festival Foundation D/B/A National Cherry Festival legitimate?

The Festival Foundation D/B/A National Cherry Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Festival Foundation D/B/A National Cherry Festival 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.

Here are some key statistics you may want to consider:

Executive Compensation: $113,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,106

For more financial information, click here


Official website here: www.cherryfestival.org

What is the mission statement of The Festival Foundation D/B/A National Cherry Festival?

The Festival Foundation, known as the National Cherry Festival, serves the community by organizing programs and events to celebrate, promote, and educate about cherries and agriculture. Their mission extends beyond cherries, also emphasizing community involvement, volunteerism, patriotism, and preserving the history, art, and culture of the region. They annually host an eight-day festival filled with entertainment, parades, races, culinary events, air shows, heritage activities, and children's programs. The organization also supports the community by hosting events such as the Iceman Cometh mountain bike race.


Official website here: www.cherryfestival.org

Who is the CEO of The Festival Foundation D/B/A National Cherry Festival?

Jeff Needham is the Past President of The Festival Foundation D/B/A National Cherry Festival.


Official website here: www.cherryfestival.org

What is the revenue of The Festival Foundation D/B/A National Cherry Festival?

The Festival Foundation D/B/A National Cherry Festival's revenue in 2022 was $4,565,069.


Official website here: www.cherryfestival.org

Who are the executives of The Festival Foundation D/B/A National Cherry Festival and what are their salaries?

The average compensation at The Festival Foundation D/B/A National Cherry Festival during 2022 was $48,536. There are 9 employees at The Festival Foundation D/B/A National Cherry Festival.

Here are 15 key members and their salaries:

    Kathleen Paye (Executive Director)
  • Compensation: $113,722
  • Related: $0
  • Other: $6,901

    • Stacey Isles (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Needham (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelli Mengebier (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Meindertsma (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Alpers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Hollands (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicolette Schweitzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim White (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Severt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Beauchamp (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kandace Chapple (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Dowdy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lynch (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cherryfestival.org

    Where can I find the form 990 for The Festival Foundation D/B/A National Cherry Festival?

    The The Festival Foundation D/B/A National Cherry Festival’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cherryfestival.org

    Learn more at the official website: www.cherryfestival.org

    Mission Statement of The Festival Foundation D/B/A National Cherry Festival

    The Festival Foundation D/B/A National Cherry Festival serves its community by organizing programs and events that celebrate, promote, and educate people about cherries and agriculture. This nonprofit is committed to honoring the significance of these elements to the Grand Traverse region, fostering community involvement, encouraging volunteerism, and upholding patriotism and the region's history, art, and culture.

    Annually, The Festival Foundation hosts an eight-day festival filled with events to promote the cherry and agriculture industry in the Grand Traverse region. These activities include nightly live entertainment, parades, foot races, culinary and wine events, air shows, horticultural tours, fireworks, children's programming, and heritage-related activities. The organization also hosts the Iceman Cometh mountain bike race annually, along with other events that support and promote the Grand Traverse region.

    In essence, The Festival Foundation D/B/A National Cherry Festival aims to preserve and celebrate the cultural heritage of the Grand Traverse region while promoting the importance of cherries and agriculture within the community. Through various events and initiatives, the organization seeks to engage the community, foster a sense of patriotism, and educate people about the region's history and art.

    Impact

    This information is meant to be a general summary of The Festival Foundation D/B/A National Cherry Festival. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Festival Foundation D/B/A National Cherry Festival makes a significant impact by providing programs and events that promote and educate the community about cherries and agriculture. Through its annual eight-day festival, this organization celebrates and promotes the cherry and agriculture industry in the Grand Traverse region. The festival features a wide range of activities such as nightly live entertainment, parades, foot races, culinary and wine events, air shows, horticultural tours, fireworks, children's programming, and heritage-related activities. Additionally, the foundation hosts the IceMan Cometh mountain bike race annually and other events that support and promote the Grand Traverse region. Overall, this organization plays a vital role in serving the community and raising awareness about the importance of cherries and agriculture in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,364
  • Program Service Revenue: $3,535,018
  • Gross Receipts: $5,348,560

    • Assets and Liabilities:
  • Total Assets: $1,466,611
  • Total Liabilities: $401,630
  • Net Assets: $1,064,981
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT REGISTRATION & TICKETS

    Revenue

    $2,431,897

    SPONSORSHIPS

    Revenue

    $725,749

    VENDING FEE

    Revenue

    $377,372

    Organization Details

    Founding Year

    2007

    Principal Officer

    Jeff Needham

    Main Address

    521 S UNION STREET, TRAVERSE CITY, MI, 49684

    NTEE Category

    Code: P20 - Human services

    If you are a representative of The Festival Foundation D/B/A National Cherry Festival and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.