Portland Summerfest
- Assets
- $8.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/2004
- Data as of
- 09/2022
- EIN
- 55-0829090
Organization Overview
Portland Summerfest is located in Portland, OR. The organization was established in 2004. 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. Portland Summerfest 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 09/2022, Portland Summerfest generated $62.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $80.5k during the year ending 09/2022. While expenses have increased by 8.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
OPERA IN THE PARK: PRESENTATION OF A CONCERT VERSION OF AN OPERA EACH YEAR IN PORTLAND, OREGON'S WASHINGTON PARK AS PART OF THE PORTLAND PARKS DEPARTMENT SUMMER CONCERT SERIES, FREE TO THE PUBLIC. THE 2022 PROGRAM WAS VERDI'S AIDA. OPERA IN THE PARK WAS PRESENTED ON SUNDAY, AUGUST 7, 2022, AT WASHINGTON PARK AMPHITHEATRE TO AN AUDIENCE OF AN ESTIMATED 1,500 COMMUNITY MEMBERS. THIS PROGRAM MET THE PRIMARY GOAL OF THE ORGANIZATION WHICH IS TO OFFER THE PUBLIC AN AUTHENTIC CONNECTION TO THE MUSIC AND AN ACCESSIBLE INTRODUCTION TO THE ART FORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jocelyn Bates O'brien President | 3 | $0 | |
Mary Alice Helikson Communications Secretary | 3 | $0 | |
Darlyn Jablonski Vice President | 3 | $0 | |
Margaret Wallis Treasurer | 3 | $0 | |
Keith Clark Artistic Director | 5 | $5,000 | |
Sue Ellen Lovejoy Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,537 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,637 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,000 |
| Professional fees and other payments to independent contractors | $6,293 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $1,226 |
| Other expenses | $64,417 |
| Total expenses | $80,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,876 |
| Other assets | $0 |
| Total assets | $8,876 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,876 |