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Holland Tulip Time Festival Inc

Holland Tulip Time Festival Inc

Holland, MI 49423
Tax ID38-1266660

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About this organization

Revenue

$2,260,833

Expenses

$2,288,625

Mission

The Holland Tulip Time Festival invites the world to join the dance as we celebrate our Dutch heritage with a festival showcasing our dynamic community and its spectacular tulips. The geographic area served is made up of local, regional and national audiences. An estimated 500,000 people attend the festival, with 310,000 of those purchasing tickets, generating $12.9 million in economic impact in Holland in just 8 days.

About

The Holland Tulip Time Festival, Inc. is a Michigan non-profit corporation which plans an annual festival centered around Dutch heritage and the tulip for the purpose of promoting the Holland, Michigan area and its citizens. The festival celebrates and commemorates the founding of Holland as a community and the tulip as a cultural icon for the area. The festival includes musical presentations, Dutch dancing, parades, and other events which educate citizens and visitors on Dutch traditions and observances.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “To operate a tulip time festival, which celebrates and commemorates the holland, michigan area's dutch heritage and the tulip.”.

When detailing its functions, they were listed as: “To operate a tulip time festival, which celebrates and commemorates the holland, michigan area's dutch heritage and the tulip.”.

  • According to the law, the state where the non-profit operates has been reported as MI.
  • The filing specifies that the non-profit's address in 2020 was 42 WEST 8TH STREET, HOLLAND, MI, 49423.
  • As of 2020, the non-profit's form shows they have a total of 52 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$27,792.
  • The CEO compensation scheme within the organization is based on a review and endorsement process by a neutral entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 13 independent voting members.
  • The organization was formed in 1948.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $685,148 in salary, compensation, and benefits to its employees.
  • The organization pays $126,341 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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