Form 990 for tax year 2023
Filed by NATIONAL INDEPENDENT VENUE FOUNDATION.
Totals
- Total revenue
- $282,415
- Total expenses
- $651,786
- Contributions and grants received
- $246,648
- Grants paid
- $150,846
- Program service revenue
- $700
- Investment income
- $35,067
- Other revenue
- $0
- Total assets, end of year
- $918,369
- Total liabilities, end of year
- $41,020
- Net assets or fund balances, end of year
- $877,349
- Program services expenses (Part IX)
- $432,440
- Management and general expenses
- $172,587
- Fundraising expenses
- $46,759
- Program service expenses (Part III)
- $432,440
Program services were 66.3% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$246,648
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Job Board Income
total $700 · related or exempt $0 · unrelated business $0 · excluded $700
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $35,067 · related or exempt $0 · unrelated business $0 · excluded $35,067
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $130,000 · program services $130,000
-
2 · Grants to domestic individuals
total $20,846 · program services $20,846
-
5 · Compensation of officers, directors and key employees
total $114,147 · program services $58,756 · management and general $33,234 · fundraising $22,157
-
7 · Other salaries and wages
total $155,338 · program services $81,635 · management and general $73,703 · fundraising $0
-
9 · Other employee benefits
total $13,592 · program services $6,384 · management and general $7,208 · fundraising $0
-
10 · Payroll taxes
total $23,023 · program services $11,734 · management and general $9,473 · fundraising $1,816
-
11c · Fees: accounting
total $17,832 · management and general $17,832
-
11g · Fees: other
total $92,648 · program services $73,445 · management and general $7,975 · fundraising $11,228
-
13 · Office expenses
total $6,258 · management and general $5,415 · fundraising $843
-
14 · Information technology
total $33,945 · program services $12,932 · management and general $10,536 · fundraising $10,477
-
17 · Travel
total $13,502 · program services $11,215 · management and general $2,287
-
19 · Conferences, conventions and meetings
total $1,448 · program services $1,224 · management and general $171 · fundraising $53
-
23 · Insurance
total $2,424 · management and general $2,424
-
24a · Other expenses: Promotional Events
total $24,454 · program services $24,269 · management and general $0 · fundraising $185
-
24b · Other expenses: Credit Card Fees
total $2,329 · program services $0 · management and general $2,329 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $172,725 · end of year $19,918
-
2 · Savings and temporary cash investments
beginning of year $1,117,651 · end of year $872,719
-
4 · Accounts receivable
end of year $2,035
-
9 · Prepaid expenses and deferred charges
beginning of year $18,599 · end of year $23,697
-
17 · Accounts payable and accrued expenses
beginning of year $62,255 · end of year $41,020
-
25 · Other liabilities
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $328,481 · end of year $110,420
-
28 · Net assets with donor restrictions
beginning of year $918,239 · end of year $766,929
Mission and programs · 2023
Mission
THE MISSION OF THE NATIONAL INDEPENDENT VENUE FOUNDATION (NIVF) IS TO PRESERVE AND NURTURE THE ECOSYSTEM OF INDEPENDENT LIVE PERFORMANCE VENUES AND PROMOTERS THROUGHOUT THE UNITED STATES BY SUPPORTING A TRANSPARENT, COMPETITIVE MARKETPLACE SERVING A DIVERSE AND INCLUSIVE COMMUNITY OF ARTISTS, FANS, AND INDUSTRY WORKERS.
Activities or mission (Part I)
OUR MISSION IS TO PRESERVE AND NURTURE THE ECOSYSTEM OF INDEPENDENT LIVE PERFORMANCE VENUES AND PROMOTERS THROUGHOUT THE U.S. BY SUPPORTING A TRANSPARENT, COMPETITIVE MARKETPLACE SERVING A DIVERSE AND INCLUSIVE COMMUNITY OF ARTISTS, FANS AND WORKERS.
-
EMERGENCY RELIEF FUND: NIVF ADMINISTERS AN EMERGENCY RELIEF FUND THAT PROVIDES ECONOMIC RELIEF TO INDEPENDENT LIVE PERFORMANCE VENUES AND PROMOTERS ACROSS THE UNITED STATES EXPERIENCING A CRITICALLY SEVERE EMERGENCY DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL. THIS WORK WAS BORN OUT OF THE COVID-19 CRISIS BUT CARRIES ON AS A CRITICAL SAFETY NET FOR THE INDEPENDENT SPACES AND WORKERS WHO SERVE AS THE HUBS AND INCUBATORS FOR CREATIVE CULTURE IN THE UNITED STATES. EMERGENCY RELIEF FUND WORK HAS ALSO EXPANDED TO INCLUDE PROACTIVE PLANNING AND SUPPORT MEASURES, SUCH AS THE WEATHER EMERGENCY RESOURCE LISTING.
Expenses $168,353 · Grants $130,000
-
WORKFORCE DEVELOPMENT: CREATING AND SHARING RESOURCES FOR INDEPENDENT VENUES AND PROMOTERS, BUILDING PATHWAYS TO DIVERSE OWNERSHIP, AND SUPPORTING COMMUNITY ENGAGEMENT AND EDUCATION EFFORTS ARE ALL PART OF THE FOUNDATION'S CORE WORK. NIVF'S WORKFORCE DEVELOPMENT PROGRAMMING PROVIDES TRAINING ON RELEVANT ISSUES FOR LIVE PERFORMANCE SPACES. MONTHLY VIRTUAL TRAINING SESSIONS PROVIDE REGULAR WORKSHOPS TO TRAIN AND UPSKILL EXISTING WORKERS, AND THE VENUE OPERATIONS EXPERIENCE (VOX) OFFERS A CERTIFICATION AND INTERNSHIP PROGRAM TO BRING NEW WORKERS INTO THE INDUSTRY. THE NIVF TRAINING HUB PROVIDES ONGOING ACCESS TO WORKSHOP AND WORKFORCE DEVELOPMENT MATERIALS, AND THE INDEPENDENT JOB BOARD OFFERS JOB POSTING AND HIRING CAPACITY FOR THE SECTOR.
Expenses $189,564
-
OTHER PROGRAMS: THE NIVF CONFERENCE TRAVEL GRANT PROGRAM PROVIDED UP TO A $500 TRAVEL REIMBURSEMENT FOR FLIGHT OR ESTIMATED FUEL COSTS TO DRIVE TO THE NIVA '24 CONFERENCE HELD IN JUNE 2024. THE REIMBURSEMENT GRANTS WERE FUNDED BY A GENEROUS DONOR AND WERE PROVIDED TO THOSE IN NEED OF FINANCIAL ASSISTANCE FOR TRAVEL TO ATTEND THE CONFERENCE. IN ADDITION, NIVF PARTNERED WITH CALLING ALL CROWS' #HEREFORTHEMUSIC SEXUAL VIOLENCE PREVENTION PROGRAM TO BRING ANTI-HARASSMENT SAFETY TRAINING AND POLICY WORKSHOPS TO THE NIVA '24 CONFERENCE.
Expenses $74,523 · Grants $20,846
As filed on the 2023 return.
Listed in Part VII
-
Hal Real
President
- Total calculated
- $0
- Hours/week
- 5
-
Tobi Parks
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Laura Wilson
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Annie Brinn
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Torrie Allen
Board Member - until Sept 30 2023
- Total calculated
- $0
- Hours/week
- 1
-
Taneshai Nash Laird
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
David M Mayeri
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jillian Sacher
Board Member - start March 7 2024
- Total calculated
- $0
- Hours/week
- 2
-
Carl Swanson - see Schedule O
Executive Director - until Jan 12 2024
- Total calculated
- $0
- Hours/week
- 40
-
Cody Cowan - see Schedule O
COO
- Total calculated
- $0
- Hours/week
- 8
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
-
998 Valencia LLC
$25,000
Emergency Relief Grant
-
Club Q LLC
$25,000
Emergency Relief Fund
-
HQ Live Denver Inc
$25,000
Emergency Relief Fund
-
MA Wells Enterprises LLC
$25,000
Emergency Relief Fund
-
Fuzz Box Productions LLC
$15,000
Emergency Relief Fund
-
Play Enterprise LLC
$15,000
Emergency Relief Fund
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500719349300435
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