SOMERNITES CRUISE INC, of SOMERSET, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $329K in revenue, $306K in expenses, $227K in total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $79K.
PLAN AND IMPLEMENT A SERIES OF AUTOMOBILE SHOWS IN SOMERSET, KY, WHICH WILL RESULT IN PROMOTING A POSITIVE IMAGE OF THE COMMUNITY, BRING TOURISM INCOME TO THE COMMUNITY, AND GENERATE COMMERCE WITHIN THE DOWNTOWN AREA. ALSO ASSIST OTHER NON-PROFIT AND CHARITABLE ORGANIZATIONS IN RAISING FUNDS FOR THEIR PURPOSES.
How Somernites Cruise Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 7 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $329K | $306K | $227K |
| 2024 | $277K | $274K | $202K |
| 2023 | $210K | $268K | $192K |
| 2022 | $274K | $302K | $251K |
| 2021 | $306K | $215K | $278K |
Between 2021 and 2025, reported annual revenue grew from $306K to $329K (+7%), with total assets most recently reported at $227K.
Interactive year-over-year charts and full filing details available with membership.
