Riverfolk Music & Arts Festival is located in Manchester, MI. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverfolk Music & Arts 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 05/2022, Riverfolk Music & Arts Festival generated $50.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $48.9k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 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
ARTS, CULTURAL & HUMANITIES PROGRAMS-RIVERFOLK MUSIC AND ARTS FESTIVAL-MAIN PROGRAMS ARE CULTURAL ART STRINGS, YOUTH MUSIC EDUCATION AND THE MANCHESTER SUMMER GAZEBO CONCERTS.
ARTS, CULTURAL & HUMANITIES PROGRAMS-RIVERFOLK MUSIC AND ARTS FESTIVAL-MAIN PROGRAMS ARE CULTURAL ART STRINGS, YOUTH MUSIC EDUCATION AND THE MANCHESTER SUMMER GAZEBO CONCERTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elaine Osterbur Secretary | 1 | $0 | |
Carol Palms President | 1 | $0 | |
Rowena Villarias Member | 1 | $0 | |
Jim Horton Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,588 |
Total Program Service Revenue | $25,555 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,143 |
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 | $37,500 |
Occupancy, rent, utilities, and maintenance | $150 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,230 |
Total expenses | $48,880 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,278 |
Other assets | $0 |
Total assets | $4,278 |
Total liabilities | $0 |
Net assets or fund balances | $4,278 |
Over the last fiscal year, we have identified 1 grants that Riverfolk Music & Arts Festival has recieved totaling $7,000.
Awarding Organization | Amount |
---|---|
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: ARTS AND CULTURE | $7,000 |
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Preschool Promise Inc Dayton, OH | $4,299,915 | $8,117,368 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
First Steps Kent Grand Rapids, MI | $2,604,123 | $6,363,440 |
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Ohio Council Of Community Schools Toledo, OH | $7,079,568 | $6,241,775 |
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