Provincetown Historical Celebrations Inc
- Assets
- $98.4k
- Revenue
- $32.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Provincetown, MA
- Founding
- 08/1993
- Data as of
- 06/2021
- EIN
- 04-3160328
Organization Overview
Provincetown Historical Celebrations Inc, operating under the name Provincetown Portugese Festival, is located in Provincetown, MA. The organization was established in 1993. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Provincetown Portugese Festival is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Provincetown Portugese Festival generated $32.0k 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 (16.9%) each year. All expenses for the organization totaled $17.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING ACTIVITIES TO PROMOTE THE ANNUAL BLESSING OF THE FLEET ARE HELD TO RAISE MONEY IN ORDER TO CARRY ON THE TRAD- ITION OF THE BLESSING OF COMMERCIAL AND PARTY VESSELS WHICH COULD NOT BE ACCOMPLISHED OTHERWISE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION WAS FORMED IN ORDER TO CARRY ON AN OLD TRADITION OF THE TOWN OF PROVINCETOWN WHICH WAS TO RAISE MONEY TO HAVE COMMERCIAL FISHING VESSELS AND PARTY BOATS BLESSED IN AN ANNUAL EVENT CALLED THE PORTUGUESE FESTIVAL IN DOING SO, THE ORGANIZATION IS ALSO PROVIDING ACTIVITIES WHICH HELPS THE SEASONAL BUSINESS OF THE TOWN. CONDUCTS A SIMILAR EVENT FOR PUBLIC ENTERTAINMNET CALLED THE GREAT SCHOONER RACE WHERE LOCAL VESSELS RACE TO A POINT IN CAPE COD BAY WITH THE PUBLIC WATCHING AND ROOTING THE EVENT ON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Meads Clerk / Dir. | Officer | $0 | |
Donald Murphy Pres./dir. | Officer | $0 | |
Paul R Silva Treas./dir. | Officer | $0 | |
William Dougal Director | Trustee | $0 | |
Michael Meads Director | Trustee | $0 | |
Maureen Hurst Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,688 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,688 |
| Total Program Service Revenue | $12,248 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,299 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,466 |
| Office expenses | $1,555 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,187 |
| All other expenses | $0 |
| Total functional expenses | $17,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,321 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $570 |
| Prepaid expenses and deferred charges | $1,490 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,381 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $98,381 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $98,381 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Provincetown Historical Celebrations Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Seamens Longpoint Charitable Foundation Inc North Truro, MA PURPOSE: EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
The Arthur Page Society New York, NY | $4,651,652 | $4,039,971 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |