FOND DU LAC FESTIVALS INC

EIN: 391387857 501(c)(3) Philanthropy & Grantmaking

FOND DU LAC, WI

Total Revenue
$467,560
Total Expenses
$455,379
Total Assets
$126,997
Net Assets
$124,849
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WI
Principal Officer
PETER WILKE
Phone
9209236555
Tax Period
2023-10-01 to 2024-09-30

FOND DU LAC FESTIVALS INC, founded in 1983, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $468K in total revenue in fiscal year 2023.

Mission

DIRECT, PROMOTE, AND SUPPORT FESTIVALS AND SPECIAL EVENTS THAT SHOWCASE FOND DU LAC AND THE SURROUNDING COMMUNITIES, AND ALSO PROVIDE ASSISTANCE TO OTHER AREA CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $312,532 Revenue: $185,022

IN 2024, FOND DU LAC FESTIVALS HELPED RAISE OVER 270,000 IN OUR FISCAL YEAR ACROSS FOUR EVENTS BY PARTNERING WITH 44 NONPROFIT ORGANIZATIONS. THROUGH COMMUNITY EVENTS LIKE BAGS FEST, STURGEON...

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IN 2024, FOND DU LAC FESTIVALS HELPED RAISE OVER 270,000 IN OUR FISCAL YEAR ACROSS FOUR EVENTS BY PARTNERING WITH 44 NONPROFIT ORGANIZATIONS. THROUGH COMMUNITY EVENTS LIKE BAGS FEST, STURGEON SPECTACULAR, WALLEYE WEEKEND AND THE NEW FONDY FALLTOBERFEST FALL FESTIVAL, WE HAVE BEEN ABLE TO CONTINUE FULFILLING OUR MISSION OF CREATING AND HOSTING FREE, FAMILY- FRIENDLY FESTIVALS AND EVENTS AND ALSO GIVING BACK TO OTHER NONPROFITS IN THE AREA. IN FEBRUARY 2024, FOND DU LAC FESTIVALS HOSTED OUR PREMIER WINTER CORNHOLE TOURNAMENT KNOWN AS BAGS FEST. IT REMAINS ONE OF THE LARGEST WINTER TOURNAMENTS IN OUR REGION. A TOTAL OF 80 TEAMS PARTICIPATED ACROSS TWO DAYS (FEBRUARY 2ND & 3RD), INCREASING PARTICIPATION BY 25%. WE PARTNERED WITH A FEW NONPROFITS TO OFFER A FREE, FAMILY-FRIENDLY TOURNAMENT AS WELL AND OFFER FOOD & BEVERAGE CONCESSIONS. FOR STURGEON SPECTACULAR IN 2024, WE BROUGHT WINTER ACTIVITIES AND TRADITIONS TOGETHER IN DOWNTOWN FOND DU LAC TO OFFER ANOTHER FREE, FAMILY- FRIENDLY FESTIVAL. WE PARTNERED WITH ANOTHER NONPROFIT (THELMA SADOFF CENTER FOR THE ARTS) AND ALSO THE CITY OF FOND DU LAC AND DOWNTOWN FOND DU LAC PARTNERSHIP TO EXPAND ACTIVITIES THROUGHOUT THE DOWNTOWN DISTRICT. THE FESTIVAL ACTIVITIES SPANNED THREE DAYS (FEBRUARY 9TH 11TH) WITH SNOW AND ICE DISPLAYS REMAINING FOR OVER ONE WEEK. EVENTS INCLUDED THE WISCONSIN STATE SNOW SCULPTING CHAMPIONSHIPS, AN ICE SCULPTING COMPETITION, OUTDOOR FLOOR CURLING, HORSE-DRAWN WAGON RIDES THROUGH DOWNTOWN, AS WELL AS INDOOR PROGRAMMING AND LIVE MUSIC. IN SUMMER, WE ONCE AGAIN HOSTED WALLEYE WEEKEND AN EVENT THAT SERVES AS THE LARGEST ANNUAL FUNDRAISER FOR MANY NONPROFIT ORGANIZATIONS. THROUGH THE EVENT, FOND DU LAC FESTIVALS AND PARTNERING ORGANIZATIONS HAVE BEEN ABLE TO RAISE ON AVERAGE 225,000 ANNUALLY FOR NEEDED PROGRAMS AND CAUSES IN THE COMMUNITY SINCE 2010. OVER 45,000 PEOPLE JOINED US FOR THREE DAYS OF FAMILY-FUN, TOURNAMENTS, LIVE MUSIC ON THREE STAGES, GREAT FOOD, AND ALL THAT TRADITIONS THAT ACCOMPANY FOND DU LACS BIGGEST FESTIVAL. ATTENDANCE WAS AFFECTED BY RAIN ON SATURDAY MORNING INTO EARLY AFTERNOON, BUT OVERALL THE EVENT WAS SUCCESSFUL WITH MANY NONPROFITS REACHING OR EXCEEDING THEIR FUNDRAISING GOALS. IN OCTOBER OF 2024, WE HOSTED OUR 2ND ANNUAL FONDY FALLTOBERFEST EVENT, WHICH IS ANOTHER FREE, FAMILY-FRIENDLY FESTIVAL THAT BRINGS FAMILY- FRIENDLY, FALL-THEMED ACTIVITIES TOGETHER WITH OKTOBERFEST AND GERMAN TRADITIONS. THE EVENT WAS HOSTED ON OVEN ISLAND AND SAW AN INCREASE IN ATTENDANCE TO 7,500 PEOPLE IN ITS 2ND YEAR. FOND DU LAC FESTIVALS OFFERED FREE EXPOSURE TO THIRTEEN TRUNK OR TREAT PARTNERS, AND OUR NONPROFIT FOOD CONCESSIONAIRE ALSO REACHED THEIR FUNDRAISING GOAL.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $277,639
Program Service Revenue $185,022
Investment Income $16
Other Revenue $4,883
TOTAL REVENUE $467,560

Expense Breakdown

Grants Paid $36,966
Salaries & Benefits $106,658
Fundraising Expenses $0
Program Expenses $312,532
Other Expenses $311,755
TOTAL EXPENSES $455,379

Year-over-Year Comparison

2023 2022 Change
Revenue $467,560 $453,203 +0.0%
Expenses $455,379 $442,637 +0.0%
Net Income $12,181 $10,566 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
200

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
6
$79,325
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER WILKE EXECUTIVE DI 40.00
Officer
$79,325 $0 $79,325
TERRY DAVIS DIRECTOR 1.00
Director
$0 $0 $0
LEO METIVIER PAST PRESIDE 1.00
Officer Director
$0 $0 $0
MAEGHAN MICHELS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DAN HEBEL SECRETARY 1.00
Officer Director
$0 $0 $0
MICHELLE DAUCHY DIRECTOR 1.00
Director
$0 $0 $0
VALERIE EVERSON DIRECTOR 1.00
Director
$0 $0 $0
CATHY CHRISTENSEN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BIOLO PRESIDENT 1.00
Officer Director
$0 $0 $0
LANE HOLTE TREASURER 1.00
Officer Director
$0 $0 $0
DAVE HOPPER DIRECTOR 1.00
Director
$0 $0 $0
JACKIE RUNGE DIRECTOR 1.00
Director
$0 $0 $0
KATIE TANK DIRECTOR 1.00
Director
$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
2024 $467,560 $455,379 $126,997 $12,181
2023 $453,203 $442,637 $114,581 $10,566
2022 $380,323 $405,639 $103,716 $-25,316
2021 $331,409 $295,010 $141,249 $36,399
2020 $79,342 $137,407 $104,237 $-58,065
2019 $388,347 $364,682 $149,252 $23,665
2018 $415,484 $459,559 $125,640 $-44,075
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