Totals
- Total revenue
- $6,432,459
- Total expenses
- $5,196,326
- Contributions and grants received
- $4,627,314
- Grants paid
- $0
- Program service revenue
- $1,811,718
- Investment income
- $1,200
- Other revenue
- -$7,773
- Total assets, end of year
- $5,792,698
- Total liabilities, end of year
- $461,779
- Net assets or fund balances, end of year
- $5,330,919
- Program services expenses (Part IX)
- $3,883,002
- Management and general expenses
- $1,215,438
- Fundraising expenses
- $97,886
- Program service expenses (Part III)
- $3,883,002
Program services were 74.7% 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.
-
1c · Fundraising events
$6,750
-
1e · Government grants (contributions)
$3,871,893
-
1f · All other contributions, gifts and grants
$748,671
-
2a · Program service revenue: ADMISSIONS
total $1,145,127 · related or exempt $1,145,127
-
2b · Program service revenue: EVENT CONCESSIONS AND
total $564,752 · related or exempt $564,752
-
2c · Program service revenue: OTHER EVENT INCOME
total $101,839 · related or exempt $101,839
-
3 · Investment income
total $1,200 · excluded $1,200
-
8a · Fundraising events: gross income
$16,608
-
8a · Fundraising events: contributions included on line 1c
$6,750
-
8b · Fundraising events: direct expenses
$24,381
-
8c · Net income from fundraising events
total -$7,773 · excluded -$7,773
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $476,162 · management and general $476,162
-
7 · Other salaries and wages
total $975,697 · program services $975,697
-
8 · Pension plan contributions
total $26,238 · program services $26,238
-
9 · Other employee benefits
total $61,171 · program services $61,171
-
10 · Payroll taxes
total $89,176 · program services $74,641 · management and general $14,535
-
11c · Fees: accounting
total $20,493 · management and general $20,493
-
12 · Advertising and promotion
total $205,473 · management and general $205,473
-
13 · Office expenses
total $180,729 · program services $126,270 · management and general $54,459
-
16 · Occupancy
total $30,658 · program services $21,420 · management and general $9,238
-
17 · Travel
total $46,091 · program services $46,091
-
20 · Interest
total $28,420 · management and general $28,420
-
22 · Depreciation, depletion and amortization
total $83,295 · management and general $83,295
-
23 · Insurance
total $151,301 · program services $105,710 · management and general $45,591
-
24a · Other expenses: EVENTS
total $2,723,536 · program services $2,445,764 · management and general $277,772
-
24b · Other expenses: LOGISTICS
total $58,462 · fundraising $58,462
-
24c · Other expenses: COMMUNICATIONS
total $39,424 · fundraising $39,424
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,351,921 · end of year $5,644,643
-
10a · Land, buildings and equipment: cost or other basis
$1,141,389
-
10b · Land, buildings and equipment: accumulated depreciation
$993,334
-
10c · Land, buildings and equipment, net
beginning of year $231,350 · end of year $148,055
-
23 · Secured mortgages and notes payable
beginning of year $488,485 · end of year $461,779
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $4,094,786 · end of year $5,330,919
Mission and programs · 2023
Mission
THE MISSION OF NORFOLK FESTEVENTS, LTD. IS TO BE OF SERVICE TO THE CITY IN PLANNING AND COORDINATION OF CITY SPONSORED EVENTS AND PROMOTIONS, TO PROVIDE LEADERSHIP IN THE INDUSTRY ON A LOCAL, REGIONAL, AND NATIONAL LEVEL, AND SUPPORT CHARITABLE, CIVIC, AND EDUCATIONAL PROGRAMS.
Activities or mission (Part I)
TO PRODUCE AND PROMOTE PERIODIC HARBOR SHOWS AND FESTIVALS AND PRESENT EXHIBITIONS
-
HARBOR SHOWS, FESTIVALS, AND EXHIBITIONS - THE ORGANIZATION PRODUCES AND PROMOTES VARIOUS EVENTS FOR THE EDUCATION, BENEFIT AND WELFARE OF THE CITIZENS OF HAMPTON ROADS, VIRGINIA. EVENTS INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: NORFOLK HARBORFEST, BAYOU BOOGALOO, HOLIDAYCELEBRATIONS, MUSIC FESTIVALS AND WINE FESTIVALS.
Expenses $3,883,002 · Revenue $1,811,718
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JUDY BARRETT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
EDWARD W WOLCOTT JR
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
RADM BE TOBIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
KEVIN BRANDAL
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
RUDY MIDDLETON III
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
RAFAELLE L ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JACK ANKERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
VADM DAVID ARCHITZEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JIM BIBBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
BARRY C BISHOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
BRUCE T BISHOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
VICTOR BRANNON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
PRESTON I CARRAWAY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
CHARLIE CHURCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
CURTIS COLE JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
HUNTER COMPO MEREDITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
EARLENE COYNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
KENNY CROFTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ROBERT W CROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
THOMAS G CROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
MATTHEW CROWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
S W DAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
PHILLIP DECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JIM FORRESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
RUSTY FRIDDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
D BARY FRYE JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
CHUCK GRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
FINN HOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JAY C JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JERRAULD C JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
LEIGH KEOGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
KURT KRAUSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JAN LOWRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
WILLIAM S MAGANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
PATTY MICHAEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
WILLIAM SHEP MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
SHURL MONTGOMERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ARTHUR W MOYE JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
MATTHEW NUSBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
FRANK RABENA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
CART RIXEY REILLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
RAYMOND ROBBINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ROB ROBINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
STEPHANIE SANKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ANN SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
OLGA TORRES BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
JAMES WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
WALTER J WILKINS II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ROLF ANDERS WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
KAREN SCHERBERGER
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $280,595
- From this org
- $253,358
- From related orgs
- $0
- Other
- $27,237
- Hours/week
- 75
Schedule J breakdown matched by us
- Base
- $253,358
- Bonus
- $0
- Other
- $0
- Deferred
- $17,500
- Nontaxable benefits
- $9,737
- Filer's total
- $280,595
-
COMELL TED BAROODY
EXECUTIVE DIRECTOR
- Total calculated
- $195,567
- From this org
- $171,186
- From related orgs
- $0
- Other
- $24,381
- Hours/week
- 75
Schedule J breakdown matched by us
- Base
- $171,186
- Bonus
- $0
- Other
- $0
- Deferred
- $13,079
- Nontaxable benefits
- $11,302
- Filer's total
- $195,567
-
PAUL MORRISON
VP SALES/OPERATIONS
- Total calculated
- $144,918
- From this org
- $121,987
- From related orgs
- $0
- Other
- $22,931
- Hours/week
- 50
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412229349300406
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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