Form 990 for tax year 2024

1e · Government grants (contributions)

$521,390

1f · All other contributions, gifts and grants

$1,260,754

1g · Noncash contributions included above

$3,683

2a · Program service revenue: Neptune Festival Events

total $1,132,051 · related or exempt $1,132,051

3 · Investment income

total $34,222 · related or exempt $34,222

6a · Gross rents

real property $38,940

6b · Less rental expenses

real property $66,377

6c · Rental income or loss

real property -$27,437

6d · Net rental income or loss

total -$27,437 · unrelated business -$27,437

7b · Less cost or other basis and sales expenses

other assets $4,712

7c · Gain or loss

other assets -$4,712

7d · Net gain or loss

total -$4,712 · related or exempt -$4,712

8c · Net income from fundraising events

total $0

1 · Grants to domestic organizations and governments

total $39,244 · program services $39,244

5 · Compensation of officers, directors and key employees

total $160,084 · program services $40,021 · management and general $80,042 · fundraising $40,021

7 · Other salaries and wages

total $459,604 · program services $299,769 · management and general $80,654 · fundraising $79,181

9 · Other employee benefits

total $36,844 · program services $31,317 · management and general $3,684 · fundraising $1,843

10 · Payroll taxes

total $45,944 · program services $39,052 · management and general $4,594 · fundraising $2,298

11c · Fees: accounting

total $35,600 · program services $30,260 · management and general $3,560 · fundraising $1,780

12 · Advertising and promotion

total $90,395 · program services $90,395

13 · Office expenses

total $16,892 · program services $14,358 · management and general $1,689 · fundraising $845

14 · Information technology

total $23,735 · program services $20,175 · management and general $2,373 · fundraising $1,187

16 · Occupancy

total $22,034 · program services $18,729 · management and general $2,203 · fundraising $1,102

17 · Travel

total $11,305 · program services $10,102 · management and general $802 · fundraising $401

19 · Conferences, conventions and meetings

total $12,821 · program services $10,898 · management and general $1,282 · fundraising $641

22 · Depreciation, depletion and amortization

total $7,058 · program services $5,999 · management and general $706 · fundraising $353

23 · Insurance

total $35,644 · program services $30,297 · management and general $3,565 · fundraising $1,782

24a · Other expenses: Dues and Subscriptions

total $8,076 · program services $6,864 · management and general $808 · fundraising $404

24b · Other expenses: Hospitality

total $2,250 · program services $1,913 · management and general $225 · fundraising $112

24c · Other expenses: Telephone

total $3,870 · program services $3,290 · management and general $387 · fundraising $193

24d · Other expenses: Direct Program Expenses

total $1,749,079 · program services $1,749,079

1 · Cash, non-interest-bearing

beginning of year $28,850 · end of year $47,311

2 · Savings and temporary cash investments

beginning of year $1,133,936 · end of year $1,011,617

4 · Accounts receivable

beginning of year $24,295 · end of year $49,469

8 · Inventories for sale or use

beginning of year $15,928 · end of year $31,609

9 · Prepaid expenses and deferred charges

beginning of year $7,382 · end of year $12,394

10a · Land, buildings and equipment: cost or other basis

$916,519

10b · Land, buildings and equipment: accumulated depreciation

$498,059

10c · Land, buildings and equipment, net

beginning of year $438,747 · end of year $418,460

15 · Other assets

beginning of year $150,608 · end of year $339,513

17 · Accounts payable and accrued expenses

beginning of year $45,458 · end of year $31,029

19 · Deferred revenue

beginning of year $112,173 · end of year $81,440

27 · Net assets without donor restrictions

beginning of year $1,485,507 · end of year $1,460,911

28 · Net assets with donor restrictions

beginning of year $156,608 · end of year $336,993