Form 990 for tax year 2024
Filed by MILL VALLEY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $685,896
- Total expenses
- $744,526
- Contributions and grants received
- $111,103
- Grants paid
- $0
- Program service revenue
- $527,459
- Investment income
- $4,125
- Other revenue
- $43,209
- Total assets, end of year
- $213,940
- Total liabilities, end of year
- $22,390
- Net assets or fund balances, end of year
- $191,550
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $464,630
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$111,103
-
2a · Program service revenue: community services inco
total $112,297 · related or exempt $112,297
-
2b · Program service revenue: Mill Valley Music Festi
total $389,281 · related or exempt $389,281
-
2c · Program service revenue: Winterfest
total $24,646 · related or exempt $24,646
-
2d · Program service revenue: holiday mixer
total $1,235 · related or exempt $1,235
-
3 · Investment income
total $4,125 · excluded $4,125
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$3,204
-
10b · Cost of goods sold
$2,278
-
10c · Net income from sales of inventory
total $926 · excluded $926
-
11a · Other revenue: advertising
total $42,148 · unrelated business $42,148
-
11b · Other revenue: rewards income
total $135 · excluded $135
-
11e · Other revenue, total
$42,283
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $167,000
-
7 · Other salaries and wages
total $101,530
-
8 · Pension plan contributions
total $282
-
10 · Payroll taxes
total $27,212
-
11b · Fees: legal
total $1,325
-
11c · Fees: accounting
total $17,023
-
12 · Advertising and promotion
total $1,110
-
13 · Office expenses
total $17,861
-
14 · Information technology
total $21,781
-
16 · Occupancy
total $2,469
-
20 · Interest
total $888
-
22 · Depreciation, depletion and amortization
total $7,481
-
23 · Insurance
total $3,955
-
24a · Other expenses: mixers and membership referr
total $5,320 · program services $5,320
-
24b · Other expenses: MV Music festival event cost
total $334,790 · program services $334,790
-
24c · Other expenses: Winterfest event expenses
total $26,884 · program services $26,884
-
24d · Other expenses: MV living and other pub expe
total $7,616 · program services $7,616
-
24e · All other expenses
total -$1
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $258 · end of year $1,812
-
2 · Savings and temporary cash investments
beginning of year $190,228 · end of year $38,226
-
4 · Accounts receivable
beginning of year -$355 · end of year -$602
-
7 · Other notes and loans receivable
beginning of year $40,000
-
8 · Inventories for sale or use
beginning of year $7,999 · end of year $7,321
-
10a · Land, buildings and equipment: cost or other basis
$3,728
-
10b · Land, buildings and equipment: accumulated depreciation
$2,261
-
10c · Land, buildings and equipment, net
beginning of year $2,113 · end of year $1,467
-
11 · Investments: publicly traded securities
end of year $128,799
-
14 · Intangible assets
beginning of year $43,752 · end of year $36,917
-
17 · Accounts payable and accrued expenses
beginning of year -$257 · end of year -$350
-
24 · Unsecured notes and loans payable
beginning of year $34,072 · end of year $22,740
-
31 · Retained earnings, endowment or other funds
beginning of year $250,180 · end of year $191,550
Mission and programs · 2024
Mission
To promote business in Mill Valley, California.
-
The Mill Valley Music Festival started in 2022 as an outdoor arts and culture event produced by the Mill Valley Chamber and Noise Pop Industries. It features a heady, multi-genre mix of diverse national acts and local lights, coupled with world-class food, drink and art for your best friends and the ones you have yet to meet. The two-day Mill Valley Music Festival takes place at Friends Field, located adjacent to the Mill Valley Community Center, turning it into a sprawling festival grove for an all-ages celebration of local arts and culture. Nestled below the slopes of Mount Tamalpais, this new destination festival looks to serve as Mill Valleys signature event drawing attention to the longstanding cultural contributions of Mill Valley throughout the greater Bay Area and far beyond.
Expenses $334,790 · Revenue $389,281
-
To foster a vibrant community, we promote, inform, engage, and advocate for our members. We do this by creating events and content, championing vitality and equity, coaching and connecting members to spark opportunity and continuously improve our organization.
Expenses $102,956 · Revenue $112,297
-
WinterFest. This quintessential, fun-filled holiday community event features an array of live entertainment, and a variety of childrens activities. The event culminates with the annual Tree Lighting Ceremony. Sponsors have the unique opportunity to engage and connect with Winterfest participants and families.
Expenses $26,884 · Revenue $24,646
As filed on the 2024 return.
Listed in Part VII
-
Jim Welte
Executive Director
- Total calculated
- $141,550
- From this org
- $141,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Paula Reynolds
Director of Operations
- Total calculated
- $25,450
- From this org
- $25,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Jessika Adams
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jan Mathews
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alex Iavarone
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sophie Priolo
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alex Ragonese
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Hunter Moore
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Birgit Cameron
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jason Sims
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Ryan Canepa
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Adam Cohen
Board Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Stacey Lamirand
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Susie Turner
Board Treasurer
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541279349303884
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