Form 990 for tax year 2024
Filed by RED RIVER MERCHANTS ASSOCIATION.
Totals
- Total revenue
- $269,341
- Total expenses
- $282,265
- Contributions and grants received
- $269,341
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $160,546
- Total liabilities, end of year
- $70,000
- Net assets or fund balances, end of year
- $90,546
- Program services expenses (Part IX)
- $244,398
- Management and general expenses
- $37,867
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $244,398
Program services were 86.6% 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.
-
1e · Government grants (contributions)
$45,000
-
1f · All other contributions, gifts and grants
$224,341
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $64,103 · program services $51,284 · management and general $12,819
-
10 · Payroll taxes
total $4,905 · program services $3,924 · management and general $981
-
11c · Fees: accounting
total $5,105 · management and general $5,105
-
11g · Fees: other
total $189,283 · program services $178,633 · management and general $10,650
-
12 · Advertising and promotion
total $10,559 · program services $6,641 · management and general $3,918
-
13 · Office expenses
total $6,155 · program services $2,633 · management and general $3,522
-
17 · Travel
total $873 · program services $873
-
23 · Insurance
total $802 · management and general $802
-
24a · Other expenses: Business Meals
total $50 · management and general $50
-
24b · Other expenses: Bank Charges
total $20 · management and general $20
-
24c · Other expenses: Event Meals - HSN
total $410 · program services $410
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $103,019 · end of year $160,037
-
9 · Prepaid expenses and deferred charges
beginning of year $451 · end of year $509
-
19 · Deferred revenue
end of year $70,000
-
27 · Net assets without donor restrictions
beginning of year $103,470 · end of year $90,546
Mission and programs · 2024
Mission
Attracting more customers to the red river cultural district, preserving the cultural heritage of the red river cultural district, and specifically its role as a hub for local music, Art, Food, and nightlife in the downtown Austin area.
-
Free Week and Hot Summer Nights 2024 - This initiative effectively funds musician payments, event costs, and marketing expenses for both of our highly anticipated annual events: Hot Summer Nights and Free Week. By supporting over 300 talented musicians, we drive significant foot traffic to the Red River Cultural District, creating valuable opportunities for local businesses. This initiative strongly benefits contractors, staff, and business owners, making a positive impact on our community.
Expenses $244,398 · Revenue $269,341
As filed on the 2024 return.
Listed in Part VII
-
Rebecca Trent
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Angela Tharp
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Miguel Cobos
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Flynn
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Nick Yaklin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Christopher Markley
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jon-Erik Garcia
President
- Total calculated
- $0
- Hours/week
- 1
-
Heather Kaplan
Secretary
- Total calculated
- $0
- Hours/week
- 0
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
- 11 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511779349300541
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