Dc Web Fest
- Assets
- $687.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2016
- Data as of
- 12/2020
- EIN
- 81-2777707
Organization Overview
Dc Web Fest is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. DC Web Fest 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 12/2020, DC Web Fest generated $14.4k 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 (46.1%) each year. All expenses for the organization totaled $81.9k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTING THE PERFORMING ARTS, SPORTS, AND SIMILAR ACTIVITIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,583 |
| Total Program Service Revenue | $8,859 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,443 |
| 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 | $48,574 |
| Occupancy, rent, utilities, and maintenance | $15,342 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,024 |
| Total expenses | $81,940 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $687 |
| Other assets | $0 |
| Total assets | $687 |
| Total liabilities | $92,641 |
| Net assets or fund balances | -$91,954 |