MARYFEST INC

EIN: 237432611 501(c)(3) Arts, Culture & Humanities

MARYSVILLE, WA

Total Revenue
$293,544
Total Expenses
$253,924
Total Assets
$391,485
Net Assets
$391,297
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
WA
Phone
3606599766
Tax Period
2024-09-01 to 2025-08-31

MARYFEST INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $294K in total revenue in fiscal year 2024. Expenses of $254K left a modest 13% surplus.

Mission

MARYSVILLE STRAWBERRY PROVIDES A FESTIVAL EVERY JUNE. IT PROVIDES SCHOLARSHIPS, SUPPORTS NON-PROFITS AND ACTS AS A GOODWILL AMBASSADOR FOR THE COMMUNITY AND STATE OF WA

Program Service Accomplishments

Program 1
Expenses: $149,321 Revenue: $114,021

THE MARYSVILLE FESTIVAL AND PARADE ATTRACTS OVER 75,000 PLUS VISITORS TO OUR CITY DURING OUR WEEK LONG FESTIVITIES. THIS BRINGS BUSINESS TO OUR LOCAL HOTELS, RESTAURANTS, GAS STATIONS AND PROMOTES...

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THE MARYSVILLE FESTIVAL AND PARADE ATTRACTS OVER 75,000 PLUS VISITORS TO OUR CITY DURING OUR WEEK LONG FESTIVITIES. THIS BRINGS BUSINESS TO OUR LOCAL HOTELS, RESTAURANTS, GAS STATIONS AND PROMOTES THE CITY AS PLACE TO COME TO VISIT EVERY YEAR. THE PARADE ALONE HAS OVER 120 PARTICIPANTS FROM ALL OVER WESTERN WASHINGTON AND CANADA MOST OF THEM STAY FOR THE WHOLE WEEKEND. BECAUSE OF THE SUCCESS OF OUR FESTIVAL WE HAVE BEEN ABLE TO OFFER UP TO $20,000 WORTH OF SCHOLARSHIPS TO OUR LOCAL STUDENTS EVERY YEAR.

Program 2
Expenses: $20,851 Revenue: $6,474

THE STRAWBERRY AWARDS SCHOLARSHIPS TO QUALIFYING STUDENTS THAT SERVE AND REPRESENT OUR COMMUNITY AS ROYALTY AT ALL COMMUNITY FUNCTIONS AND PARADES THAT ARE ATTENDED.

Program 3
Expenses: $3,254

THESE ARE THE PARADES THAT WE TAKE OUR FLOAT TO IN WASHINGTON, OREGON AND CANADA AND AS AMBASSADORS WE PROMOTE OUR CITY AND INVITE EVERYONE TO COME TO MARYSVILLE FOR OUR WEEK LONG FESTIVAL. THIS YEAR...

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THESE ARE THE PARADES THAT WE TAKE OUR FLOAT TO IN WASHINGTON, OREGON AND CANADA AND AS AMBASSADORS WE PROMOTE OUR CITY AND INVITE EVERYONE TO COME TO MARYSVILLE FOR OUR WEEK LONG FESTIVAL. THIS YEAR WE HAD THE LARGEST CROWD AT OUR CARNIVAL AND ALSO AT OUR PARADE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,580
Program Service Revenue $120,494
Investment Income $6,470
Other Revenue $0
TOTAL REVENUE $293,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,426
Other Expenses $253,924
TOTAL EXPENSES $253,924

Year-over-Year Comparison

2024 2023 Change
Revenue $293,544 $305,631 0.0%
Expenses $253,924 $243,532 +0.0%
Net Income $39,620 $62,099 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIKKI BELMONT DIRECTOR 1.00
Director
$0 $0 $0
GERALD PETERSON DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE BROWN DIRECTOR 1.00
Director
$0 $0 $0
GAIL FROST PRESIDENT 25.00
Officer
$0 $0 $0
TOM KING VICE PRESIDENT 10.00
Officer
$0 $0 $0
KAREN HAMMONTREE TREASURER 15.00
Officer
$0 $0 $0
SEAN SEIFERT SECRETARY 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $293,544 $253,924 $391,485 $39,620
2024 $305,631 $243,532 $359,368 $62,099
2023 $202,944 $200,137 $310,363 $2,807
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