Napa Valley Festival Association
- Assets
- $17.9m
- Revenue
- $9.5m
- Investments
- $0.0
- Employees
- 23
- Location
- Walnut Creek, CA
- Founding
- 09/2009
- Data as of
- 09/2023
- EIN
- 26-4008029
Organization Overview
Napa Valley Festival Association is located in Walnut Creek, CA. The organization was established in 2009. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Napa Valley Festival Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Napa Valley Festival Association 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 09/2023, Napa Valley Festival Association generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $7.4m during the year ending 09/2023. While expenses have increased by 6.3% per year over the past 8 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.
Since 2015, Napa Valley Festival Association has awarded 50 individual grants totaling $1,293,985. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NAPA VALLEY FESTIVAL ASSOCIATION OFFERS PROGRAMS THAT ENRICH THE ECONOMIC AND CULTURAL VITALITY OF SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERTS: NAPA VALLEY FESTIVAL ASSOCIATION (NVFA) PRESENTS INSPIRING PROGRAMS THAT ELEVATE THE REGION AS A CULTURAL DESTINATION AND MAKE THE ARTS ACCESSIBLE TO ALL. NVFA PRESENTS THE ANNUAL FESTIVAL NAPA VALLEY, OFFERING THE FINEST IN THE PERFORMING ARTS INCLUDING ORCHESTRAL AND CHAMBER MUSIC, JAZZ, DANCE, OPERA, BALLET AND THEATER, FREE COMMUNITY CONCERTS, CONCERTS FOR KIDS, AND A YOUNG ARTIST SERIES. VENUES RANGE FROM PERFORMING ARTS CENTERS TO SCHOOLS, COMMUNITY CENTERS, CHURCHES, WINERIES, AND OUTDOOR STAGES.
EDUCATIONAL INITIATIVES: NAPA VALLEY FESTIVAL ASSOCIATION SPONSORS A WIDE RANGE OF EDUCATIONAL INITIATIVES, SUPPORTING K-12 VISUAL AND PERFORMING ARTS PROGRAMS, PROFESSIONAL DEVELOPMENT FOR TEACHERS, AND PROGRAMS FOR AT-RISK YOUTH. EDUCATIONAL INITIATIVES ALSO INCLUDE A TUITION-FREE SUMMER MUSIC ACADEMY FOR COLLEGIATE, GRADUATE, AND EARLY-CAREER PROFESSIONAL MUSICIANS; MERIT AND NEEDS-BASED SCHOLARSHIP PROGRAMS; AND ARTS FOR ALL SUMMER CAMPS IN PARTNERSHIP WITH THE BOYS & GIRLS CLUBS.
CULTURAL COMMUNITY EVENTS: NAPA VALLEY FESTIVAL ASSOCIATION ENRICHES THE CULTURAL AND ECONOMIC VITALITY OF THE NAPA VALLEY THROUGH FOOD, WINE, WELLNESS, AND HOSPITALITY EVENTS IN COLLABORATION WITH MORE THAN 100 PARTNER WINERIES, RESTAURANTS, RESORTS, AND INSTITUTIONS. ENCOURAGING INCLUSIVENESS, DIVERSITY AND INNOVATION, AND LEVERAGING MUSIC'S UNPARALLELED ABILITY TO BRING PEOPLE TOGETHER AND TO PROVIDE A SENSE OF BELONGING, NAPA VALLEY FESTIVAL ASSOCIATION PLAYS A VITAL ROLE IN BUILDING A HEALTHY, VIBRANT COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Walker President / CEO | Officer | 60 | $432,819 |
Charles Letourneau Vice Pres., Director Artistic | Officer | 40 | $216,917 |
Tessa Edwards Sr Director, Growth & Philant. | 50 | $134,999 | |
Lissa Gibbs Sr Director, Education & Engag | 40 | $113,500 | |
Lauren Ackerman Director | Trustee | 1 | $0 |
Robin Baggett Chairman | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tessitura Services Manage Blackburn Aca | 9/29/23 | $338,238 |
Charles Letourneau Artistic Production | 9/29/23 | $216,917 |
Compass Marketing Marketing Design Svc | 9/29/23 | $106,008 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,309,338 |
| Related organizations | $0 |
| Government grants | $52,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,895,622 |
| Noncash contributions included in lines 1a–1f | $654,866 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,257,460 |
| Total Program Service Revenue | $1,174,102 |
| Investment income | $154,847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,375 |
| Net Gain/Loss on Asset Sales | -$93,161 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,542,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $101,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $753,377 |
| Compensation of current officers, directors, key employees. | $178,710 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,310,147 |
| Pension plan accruals and contributions | $28,585 |
| Other employee benefits | $49,694 |
| Payroll taxes | $118,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $112,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,955,058 |
| Advertising and promotion | $44,466 |
| Office expenses | $178,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,187 |
| Travel | $118,281 |
| 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 | $23,081 |
| Insurance | $39,392 |
| All other expenses | $0 |
| Total functional expenses | $7,388,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,442,378 |
| Savings and temporary cash investments | $2,553,027 |
| Pledges and grants receivable | $7,565,997 |
| Accounts receivable, net | $1,036,454 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $372,247 |
| Prepaid expenses and deferred charges | $508,328 |
| Net Land, buildings, and equipment | $377,328 |
| Investments—publicly traded securities | $3,872,581 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $211,526 |
| Total assets | $17,939,866 |
| Accounts payable and accrued expenses | $1,083,607 |
| Grants payable | $0 |
| Deferred revenue | $349,730 |
| 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 | $210,238 |
| Total liabilities | $1,643,575 |
| Net assets without donor restrictions | $8,821,331 |
| Net assets with donor restrictions | $7,474,960 |
| 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 | $17,939,866 |
Grants Awarded
Over the last fiscal year, Napa Valley Festival Association has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS COUNCIL NAPA VALLEY PURPOSE: Arts Education | $10,000 |
NAPA VALLEY EDUCATION FOUNDATION PURPOSE: Arts Education | $20,000 |