Form 990 for tax year 2022

1f · All other contributions, gifts and grants

$3,035,890

2a · Program service revenue: FESTIVAL EVENTS

total $5,027,205 · related or exempt $5,027,205

3 · Investment income

total $143,559 · excluded $143,559

6a · Gross rents

real property $24,100

6b · Less rental expenses

real property $25,401

6c · Rental income or loss

real property -$1,301

6d · Net rental income or loss

total -$1,301 · related or exempt -$1,301

7a · Gross sales of assets other than inventory

securities $4,819,698

7b · Less cost or other basis and sales expenses

securities $4,860,349

7c · Gain or loss

securities -$40,651

7d · Net gain or loss

total -$40,651 · excluded -$40,651

10a · Gross sales of inventory

$172,011

10b · Cost of goods sold

$106,485

10c · Net income from sales of inventory

total $65,526 · related or exempt $65,526

11a · Other revenue: MISCELLANEOUS REVENUE

total $55,879 · related or exempt $55,879

11e · Other revenue, total

$55,879

5 · Compensation of officers, directors and key employees

total $370,454 · program services $370,454

7 · Other salaries and wages

total $835,222 · program services $835,222

8 · Pension plan contributions

total $81,099 · management and general $81,099

9 · Other employee benefits

total $67,662 · program services $67,662

10 · Payroll taxes

total $77,910 · program services $77,910

11c · Fees: accounting

total $26,960 · management and general $26,960

11f · Fees: investment management

total $34,525 · program services $34,525

11g · Fees: other

total $1,690,208 · program services $1,683,815 · management and general $6,393

12 · Advertising and promotion

total $297,831 · program services $286,789 · management and general $11,042

13 · Office expenses

total $229,447 · program services $56,057 · management and general $173,390

16 · Occupancy

total $183,850 · program services $4,110 · management and general $179,740

17 · Travel

total $33,300 · management and general $33,300

19 · Conferences, conventions and meetings

total $19,449 · management and general $19,449

20 · Interest

total $55,848 · management and general $55,848

22 · Depreciation, depletion and amortization

total $85,719 · management and general $85,719

24a · Other expenses: PROGRAM EVENT EXPENSES

total $7,545,449 · program services $7,545,449

24b · Other expenses: HOSPITALITY - SPONSORS,

total $33,025 · program services $33,025

24c · Other expenses: EDUCATION PROGRAMS

total $25,355 · program services $25,355

24d · Other expenses: PUBLIC RELATIONS SERVIC

total $18,695 · program services $18,695

24e · All other expenses

total $1,811 · program services $47 · management and general $1,764

1 · Cash, non-interest-bearing

beginning of year $128,312 · end of year $2,786,213

2 · Savings and temporary cash investments

beginning of year $607,466

4 · Accounts receivable

beginning of year $200,849 · end of year $793,060

8 · Inventories for sale or use

beginning of year $4,500 · end of year $4,500

9 · Prepaid expenses and deferred charges

beginning of year $28,432 · end of year $33,668

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

$3,886,295

10b · Land, buildings and equipment: accumulated depreciation

$2,073,239

10c · Land, buildings and equipment, net

beginning of year $1,894,132 · end of year $1,813,056

11 · Investments: publicly traded securities

beginning of year $3,483,904 · end of year $0

17 · Accounts payable and accrued expenses

beginning of year $528,125 · end of year $1,108,247

19 · Deferred revenue

beginning of year $34,409 · end of year $52,069

23 · Secured mortgages and notes payable

beginning of year $415,484 · end of year $2,321,214

27 · Net assets without donor restrictions

beginning of year $4,869,577 · end of year $1,948,967

28 · Net assets with donor restrictions

beginning of year $500,000 · end of year $0