Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $105,500

• 1e · Government grants (contributions)

  $1,014,000

• 1f · All other contributions, gifts and grants

  $3,112,262

• 2a · Program service revenue: TICKET SALES

  total $247,315 · related or exempt $247,315

• 2b · Program service revenue: FESTIVAL FEES

  total $93,920 · related or exempt $93,920

• 3 · Investment income

  total $116,528 · excluded $116,528

• 5 · Royalties

  total $157,899 · excluded $157,899

• 7b · Less cost or other basis and sales expenses

  other assets $1,048

• 7c · Gain or loss

  other assets -$1,048

• 7d · Net gain or loss

  total -$1,048 · excluded -$1,048

• 8a · Fundraising events: gross income

  $103,426

• 8a · Fundraising events: contributions included on line 1c

  $105,500

• 8b · Fundraising events: direct expenses

  $118,772

• 8c · Net income from fundraising events

  total -$15,346 · excluded -$15,346

• 10a · Gross sales of inventory

  $33,423

• 10b · Cost of goods sold

  $23,347

• 10c · Net income from sales of inventory

  total $10,076 · related or exempt $10,076

• 11a · Other revenue: MISCELLANEOUS

  total $9,131 · related or exempt $9,131

• 11e · Other revenue, total

  $9,131

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $14,500 · program services $14,500

• 5 · Compensation of officers, directors and key employees

  total $387,687 · program services $93,656 · management and general $153,415 · fundraising $140,616

• 7 · Other salaries and wages

  total $902,545 · program services $550,002 · management and general $149,209 · fundraising $203,334

• 8 · Pension plan contributions

  total $22,567 · program services $14,561 · management and general $4,180 · fundraising $3,826

• 9 · Other employee benefits

  total $100,095 · program services $53,551 · management and general $22,522 · fundraising $24,022

• 10 · Payroll taxes

  total $96,339 · program services $51,542 · management and general $21,676 · fundraising $23,121

• 11b · Fees: legal

  total $14,364 · management and general $14,364

• 11c · Fees: accounting

  total $17,895 · management and general $17,895

• 11g · Fees: other

  total $907,801 · program services $853,903 · management and general $21,998 · fundraising $31,900

• 12 · Advertising and promotion

  total $410,079 · program services $408,848 · management and general $631 · fundraising $600

• 13 · Office expenses

  total $270,015 · program services $190,784 · management and general $67,274 · fundraising $11,957

• 14 · Information technology

  total $71,208 · management and general $71,208

• 16 · Occupancy

  total $70,906 · program services $58,732 · management and general $12,174

• 17 · Travel

  total $126,883 · program services $107,042 · management and general $18,928 · fundraising $913

• 20 · Interest

  total $736 · management and general $736

• 22 · Depreciation, depletion and amortization

  total $10,388 · management and general $10,388

• 23 · Insurance

  total $101,335 · program services $9,144 · management and general $92,191

• 24a · Other expenses: EVENT EXPENSES

  total $1,071,417 · program services $1,058,187 · management and general $13,230

• 24b · Other expenses: BAD DEBT

  total $2,500 · program services $2,500

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,825,683 · end of year $2,084,234

• 2 · Savings and temporary cash investments

  beginning of year $756,849 · end of year $793,105

• 4 · Accounts receivable

  beginning of year $36,274 · end of year $17,283

• 8 · Inventories for sale or use

  beginning of year $7,903 · end of year $434

• 9 · Prepaid expenses and deferred charges

  beginning of year $9,589 · end of year $1,014

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

  $88,745

• 10b · Land, buildings and equipment: accumulated depreciation

  $66,234

• 10c · Land, buildings and equipment, net

  beginning of year $31,065 · end of year $22,511

• 15 · Other assets

  beginning of year $0 · end of year $20,340

• 17 · Accounts payable and accrued expenses

  beginning of year $88,059 · end of year $108,740

• 19 · Deferred revenue

  beginning of year $1,300 · end of year $1,200

• 27 · Net assets without donor restrictions

  beginning of year $2,578,004 · end of year $2,828,981

The filer's explanations (Part III)

PART I, LINE 7

BONUSES INCLUDE DISCRETIONARY AMOUNTS BASED ON PERFORMANCE.