Riversong Music Festival
- Assets
- $5.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-3356814
Organization Overview
Riversong Music Festival is located in Hutchinson, MN. The organization was established in 2015. 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. Riversong Music Festival 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 12/2021, Riversong Music Festival generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
WE HAVE NOT HELD A FESTIVAL SINCE 2019 DUE TO THE PANDEMIC, BUT HAVE SECURED GRANTS FOR US TO BE ABLE TO START OUR PLANNING PROCESS TO HOLD THE FESTIVAL IN 2022. OUR BOARD HAS CONTINUED TO MEET AND RECRUIT NEW MEMBERS THROUGHOUT THE YEAR. WE HELD MINI CONCERTS AT ART'S PLACE TO KEEP OUR NAME OUT IN FRONT OF OUR FANS TO HOLD INTEREST UNTIL THE 2022 FESTIVAL. OUR TALENT TEAM HAS MET EACH MONTH, RESEARCHING NEW PERFORMERS AND BANDS FOR 2022 AND HAVE SECURED A SOLID LINEUP FOR OUR UPCOMING FESTIVAL. DESPITE A TWO YEAR HIATUS, OUR BOARD HAS REMAINED POSITIVE AND STRONG AND VERY EXCITED TO BE BACK IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katy Hiltner Secretary | 2 | $0 | |
Wendy Abdelaziz Volunteer Co | 3 | $0 | |
Josh Campbell Talent Chair | 6 | $0 | |
Molly Rivera Hospitality | 3 | $0 | |
Jan Johnson Site & Secur | 3 | $0 | |
Betsy Price Executive Di | 9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,876 |
| Total Program Service Revenue | $1,292 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,180 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,942 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,396 |
| Total expenses | $17,388 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $5,256 |
| Total liabilities | $391 |
| Net assets or fund balances | $4,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Riversong Music Festival has recieved totaling $7,005.
| Awarding Organization | Amount |
|---|---|
Southwest Minnesota Arts Council Marshall, MN PURPOSE: AP | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |
American Composers Forum St Paul, MN | $9,023,516 | $1,393,403 |
Lutheran Music Program Minneapolis, MN | $2,920,609 | $1,763,933 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
Quad City Symphony Tr Davenport, IA | $15,204,035 | $748,751 |
Shellabration Inc Fort Dodge, IA | $122,265 | $523,549 |
Lakes Area Music Festival Brainerd, MN | $288,539 | $699,532 |
Civic Music Association Des Moines, IA | $1,903,874 | $722,778 |