Phantom Regiment Inc is located in Loves Park, IL. The organization was established in 1972. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Phantom Regiment Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phantom Regiment Inc 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 09/2021, Phantom Regiment Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $887.8k during the year ending 09/2021. 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
YOUTH EDUCATION AND PERFORMANCE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 1956 AS A PART OF THE ROCKFORD VFW POST 342, PHANTOM REGIMENT, INC. IS A YOUTH ORGANIZATION DEDICATED TO THE DEVELOPMENT OF SELF-ESTEEM AND SELF-RELIANCE. IT ENCOURAGES TEAMWORK, SPORTSMANSHIP, CIVIC PRIDE AND CONTRIBUTIONS OF ONE'S PERSONAL BEST TO A GROUP EFFORT. THESE LESSONS ARE LEARNED THROUGH A MUSICAL AND MARCHING ACTIVITY IN WHICH THERE IS A BLENDING OF THE ARTS AND ATHLETICS. PHANTOM REGIMENT PRIDES ITSELF ON PROVING A LIFE-CHANGING EXPERIENCE FOR THE YOUTH THAT PARTICIPATE IN ANY OF OUR PROGRAMS. WE WANT TO OFFER A CONDUIT THROUGH WHICH THEY SUCCEED NOT ONLY WITHIN THE MUSIC EDUCATION WORLD, WHICH IS ONE OF OUR PRIMARY FOCUSES, BUT ALSO PROVIDING LESSONS THEY CAN APPLY TO OTHER AREAS OF THEIR LIFE. WE PROVIDE YOUTH ACTIVITIES THAT ENHANCE THE PERSONAL GROWTH AND DEVELOPMENT OF ITS PARTICIPANTS THROUGH EXCELLENCE IN EDUCATION, ENTERTAINMENT AND THE PERFORMING ARTS. IT'S ACTIVITIES MAKE A LASTING IMPACT ON OUR STUDENTS, MANY OF WHOM CONTINUE THEIR EDUCATION AND BECOME MUSIC EDUCATORS THROUGHOUT THE COUNTRY WHILE OTHERS BECOME PROFESSIONAL MUSICIANS AND DANCERS. WE FIND THAT MANY OF OUR ACTIVITIES HAVE A LIFE-LONG IMPACT ON THE STUDENTS DUE TO THE SKILLS AND FRIENDSHIPS THEY DEVELOP WHILE PARTICIPATING IN OUR PROGRAMS. OUR PROGRAMS INCLUDE: PHANTOM REGIMENT DRUM AND BUGLE CORPS - THIS IS A PERFORMING GROUP OF 150 STUDENTS THAT RANGE IN AGE FROM 16 TO 21. WE HAVE BETWEEN 600 AND 750 STUDENTS AUDITION TO BE PART OF THE CORPS THAT REQUIRES THAT THEY ATTEND PRACTICES ONE WEEKEND A MONTH FROM DECEMBER THROUGH APRIL AND MOVE TO ROCKFORD IN MAY TO LEARN THAT YEAR'S PROGRAM FOR THREE WEEKS BEFORE EMBARKING ON A TWO MONTH TOUR OF THE UNITED STATES TO PARTICIPATE IN COMPETITIONS AND PRACTICE. THE COMPETITIVE SEASON ENDS IN MID-AUGUST IN INDIANAPOLIS WHERE THE DRUM CORPS INTERNATIONAL WORLD CHAMPIONSHIPS ARE HELD. THE DRUM CORPS HAS THE 2ND LONGEST ACTIVE STREAK OF APPEARING IN DCI'S TOP 12 AND HAS WON THE CHAMPIONSHIP IN 1996 AND 2008. PUBLIC SCHOOL OUTREACH - THE ORGANIZATION PROVIDES ASSISTANCE IN THE FORM OF LENDING INSTRUMENTS AND INTRODUCING STUDENTS TO MUSIC. BUDGET CUTS IN MANY OF OUR LOCAL SCHOOL DISTRICTS HAVE RESULTED IN THE REDUCTION OR ELIMINATION OF MUSIC PROGRAMS. PHANTOM REGIMENT HAS ALSO PROVIDED CLINICIANS AND CONDUCTORS FOR THE CITY OF ROCKFORD'S ALL-STAR AND HONOR BAND CONCERTS. WE FEEL THAT MUSIC EDUCATION IS ESSENTIAL TO A WELL-ROUNDED STUDENT AND MANY STUDIES HAVE DOCUMENTED THE POSITIVE RELATIONSHIP BETWEEN BEING INVOLVED IN MUSIC AND MATH AND SCIENCE SCORES. HIGH & MIDDLE SCHOOL CONCERT BAND FESTIVAL - PRODUCED IN CONJUNCTION WITH THE NORTHERN ILLINOIS UNIVERSITY MUSIC DEPARTMENT, THIS FESTIVAL ALLOWS SCHOOLS THE OPPORTUNITY TO PERFORM IN THE BEAUTIFUL BOUTELL MEMORIAL CONCERT HALL, ON THE CAMPUS OF NORTHERN ILLINOIS UNIVERSITY. THE FESTIVAL IS A NONCOMPETITIVE, EDUCATIONAL EVENT IN A WELCOMING ENVIRONMENT WHERE STUDENTS PERFORM ON STAGE AND RECEIVE FEEDBACK AND STATE OF THE ART AUDIO AND VIDEO RECORDINGS OF THEIR CONCERT, AS WELL AS TAKE PART IN A CLINIC WITH ONE OF THE FESTIVAL'S CLINICIANS FOLLOWING THEIR PERFORMANCE. THESE PROGRAMS WERE LIMITED AFTER THE COVID-19 PANDEMIC BEGAN IN MARCH 2020 THROUGH THE END OF THE FISCAL YEAR.
EDUCATIONAL CAMPS - PHANTOM REGIMENT HAS BEEN PRODUCING SUMMER EDUCATIONAL CAMPS SINCE 2003. WE HOLD CAMPS FOR DRUM MAJOR, BRASS, PERCUSSION AND COLOR GUARD. THESE 3 OR 4-DAY CAMPS ARE HELD THROUGHOUT THE UNITED STATES AND ARE ATTENDED BY HIGH SCHOOL STUDENTS THAT WANT TO IMPROVE THEIR SKILLS. THE EDUCATIONAL CAMP STAFF IS MADE UP OF SOME OF THE BEST HIGH SCHOOL AND COLLEGE BAND DIRECTORS FROM AROUND THE COUNTRY, MOST OF WHOM ARE CURRENT OR FORMER MEMBERS OF THE PHANTOM REGIMENT INSTRUCTIONAL STAFF. OUR EDUCATIONAL CAMP STUDENTS GET AN INTENSE, HANDS-ON EXPERIENCE THAT GENERALLY INCLUDES INTERACTIVE SESSION WITH THE DRUM CORPS. SURVEYS OF THE CAMP STUDENTS HAVE SHOWN THAT THE EDUCATION AND EXPERIENCE THEY'VE GAINED AT ONE OF OUR CAMPS HAVE HELPED THEM BECOME BETTER PERFORMERS AND LEADERS BACK AT THEIR HIGH SCHOOL PROGRAMS. EDUCATIONAL CAMPS WERE NOT HELD AFTER THE COVID-19 PANDEMIC BEGAN IN MARCH 2020 THROUGH THE END OF THE FISCAL YEAR.
THE ROCKFORD RHYTHM STARTED IN THE SUMMER OF 2016 IN COOPERATION WITH THE ROCKFORD SYMPHONY ORCHESTRA AND THE ROCKFORD PUBLIC SCHOOLS. THE PROGRAM IS A COMMUNITY DRUM LINE THAT STRIVES TO EXTEND OUR EXPERIENCE IN ARTS EDUCATION TO THE YOUTH OF THE ROCKFORD COMMUNITY. THE GROUP HAS 35 MEMBERS AND FOUR INSTRUCTORS. THE PROGRAM IS GEARED TOWARDS STUDENTS IN GRADES SIX THROUGH TWELVE. THE GROUP PERFORMED AT 4 LOCAL COMMUNITY EVENTS DURING THE FISCAL YEAR. THE ROCKFORD RHYTHM DID NOT PERFORM AT ANY COMMUNITY EVENTS AFTER THE COVID-19 PANDEMIC BEGAN IN MARCH 2020 THROUGH THE END OF THE FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Snead CEO | Officer | 50 | $857 |
Tim Farrell President | OfficerTrustee | 5 | $0 |
Kelly Couvelaire Treasurer | OfficerTrustee | 5 | $0 |
Jeff Hassan Vice Preside | OfficerTrustee | 2 | $0 |
Greg Newell Secretary | OfficerTrustee | 2 | $0 |
Charles Mauldin Executive Di | Officer | 50 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $251,535 |
All other contributions, gifts, grants, and similar amounts not included above | $424,787 |
Noncash contributions included in lines 1a–1f | $146,950 |
Total Revenue from Contributions, Gifts, Grants & Similar | $676,322 |
Total Program Service Revenue | $598,057 |
Investment income | $16 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $98,109 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,379,502 |
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. | $857 |
Compensation of current officers, directors, key employees. | $857 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $52,071 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,294 |
Payroll taxes | $6,506 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,872 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $434 |
Advertising and promotion | $42,285 |
Office expenses | $22,152 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $22,832 |
Travel | $180,472 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $572 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $57,630 |
Insurance | $23,146 |
All other expenses | $60,452 |
Total functional expenses | $887,788 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $561,521 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $157,529 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $45,437 |
Prepaid expenses and deferred charges | $2,964 |
Net Land, buildings, and equipment | $115,520 |
Investments—publicly traded securities | $154,119 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $269,639 |
Total assets | $1,306,729 |
Accounts payable and accrued expenses | $112,318 |
Grants payable | $0 |
Deferred revenue | $21,371 |
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 | $150,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $283,689 |
Net assets without donor restrictions | $669,822 |
Net assets with donor restrictions | $353,218 |
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 | $1,306,729 |
Over the last fiscal year, we have identified 2 grants that Phantom Regiment Inc has recieved totaling $26,256.
Awarding Organization | Amount |
---|---|
Marie Louise Hunt Charitable Residuary Trust Rockford, IL PURPOSE: GENERAL FUNDING | $16,256 |
Arts Council Of Southwestern Indiana Inc Evansville, IN PURPOSE: ARTS INSTITUTE | $10,000 |
Beg. Balance | $250,133 |
Earnings | $19,506 |
Ending Balance | $269,639 |
Organization Name | Assets | Revenue |
---|---|---|
Drum Corps International Inc Indianapolis, IN | $11,292,251 | $9,955,642 |
Music For All Inc Indianapolis, IN | $2,684,285 | $3,131,031 |
Trio Foundation St Louis, MO | $39,212,571 | $11,850,329 |
Midwest Clinic Woodridge, IL | $1,577,442 | $1,838,412 |
Legion-Aires Drum And Bugle Corps Dubuque, IA | $1,675,907 | $1,872,941 |
The Cavaliers Ap&e Inc Rosemont, IL | $1,260,732 | $1,797,473 |
Ensemble Espanol Chicago, IL | $890,186 | $1,461,025 |
Forward Performing Arts Inc Madison, WI | $1,131,638 | $1,464,298 |
Phantom Regiment Inc Loves Park, IL | $1,306,729 | $1,379,502 |
Accessible Contemporary Music Chicago, IL | $312,653 | $895,582 |
Iowa High School Music Assn Boone, IA | $289,886 | $704,627 |
Eighth Blackbird Performing Arts Association Chicago, IL | $447,450 | $697,687 |