Summerfest Concerts And-Or Recordings Inc
- Assets
- $757.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 43-1574204
Organization Overview
Summerfest Concerts And-Or Recordings Inc is located in Kansas City, MO. The organization was established in 1992. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summerfest Concerts And-Or Recordings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Summerfest Concerts And-Or Recordings Inc generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUMMERFEST CONCERTS ARE HELD WEEKENDS IN JULY. AN AVERAGE OF OVER 200 PEOPLE ATTEND EACH OF THESE CONCRTS. SUMMERFEST MUSICIANS ALSO PERFORM EDUCATIONAL PROGRAMS TO LOCAL YOUTH THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Carl Artistic Advisor And Musician | 5 | $2,796 | |
Alexander East Artistic Advisor And Musician | 5 | $2,000 | |
Brogan Sullivan President | 5 | $0 | |
Lisa Browar Vice President | 3 | $0 | |
Stephanie Miller Treasurer | 2 | $0 | |
Noble Freeman Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,620 |
| Total Program Service Revenue | $12,155 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,775 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,796 |
| Professional fees and other payments to independent contractors | $25,188 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $4,123 |
| Other expenses | $14,865 |
| Total expenses | $68,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $657 |
| Other assets | $0 |
| Total assets | $757 |
| Total liabilities | $0 |
| Net assets or fund balances | $757 |