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Suffolk Festivals Inc.

Suffolk Festivals Inc.

Suffolk, VA 23439
Tax ID54-1338401

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About this organization

Revenue

$485,163

Expenses

$438,588

Mission

To advance and promote the civic betterment and general welfare of the City of Suffolk and exploit the natural resources and opportunities of the community, its trade and commerce, and its educational life, by providing recreation and entertainment for all and by enhancing the quality of life of its people; To advance the commercial, economic, social, cultural and athletic interests within the community; To create a spirit of goodwill and friendliness among the people of this community and those living elsewhere in the state and nation, and to expand commercial, economic and social relationships in the general trade area of the community; To provide programs of common interest for the people of the community; To promote, produce and stage such events and attractions as shall appeal to the community and shall attract guests and visitors thereto.

About

Each Year as many as 300 volunteers work together tirelessly to present the citizens of Suffolk, Hampton Roads and beyond and event that honors the City's agriculture heritage and devotion to peanuts, our favorite legumes. Known for its fun family activities, Suffolk Peanut Fest offers concerts, amusement rides, contests and competitions. In addition, hundreds of exhibits are on display that are interesting and in many cases educational.Now in its 41st year, the Suffolk Peanut Fest attracts as many as 200,000 visitors over the four days dedicated to this huge event. With something for every age, the Suffolk Peanut Fest is a place filled with family traditions and a place where memories are made.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “To advance and promote the civic betterment and general welfare of the city of suffolk and exploit the natural resources and opportunities of the community, its trade and commerce, and its educational life, by providing recreation and entertainment for all and by enhancing the quality of life of its people; to advance the commercial, economic, social, cultural and athletic interests within the community; to create a spirit of goodwill and friendliness among the people of this community and those living elsewhere in the state and nation, and to expand commercial, economic and social relationships in the general trade area of the community; to provide programs of common interest for the people of the community; to promote, produce and stage such events and attractions as shall appeal to the community and shall attract guests and visitors thereto.”.

When detailing its functions, they were listed as: “To advance and promote the civic betterment and general welfare of the city of suffolk and exploit the natural resources and opportunities of the community, its trade and commerce, and its educational life, by providing recreation and entertainment for all and by enhancing the quality of life of its people; to advance the commercial, economic, social, cultural and athletic interests within the community; to create a spirit of goodwill and friendliness among the people of this community and those living elsewhere in the state and nation, and to expand commercial, economic and social relationships in the general trade area of the community; to provide programs of common interest for the people of the community; to promote, produce and stage such events and attractions as shall appeal to the community and shall attract guests and visitors thereto.”.

  • According to the law, the state where the non-profit operates has been reported as VA.
  • The filing specifies that the non-profit's address in 2020 was P O BOX 1852, SUFFOLK, VA, 234391852.
  • As of 2020, the non-profit's form shows they have a total of 2 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $46,575.
  • The remuneration plan for the CEO of the organization is not based on a review and endorsement process by an independent body.
  • The organization has 16 independent voting members.
  • The organization is required to file Schedule B.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $82,891 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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