Ogden Friends Of Acoustic Music - Ofoam
- Assets
- $186.9k
- Revenue
- $427.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Ogden, UT
- Founding
- 02/2012
- Data as of
- 09/2022
- EIN
- 27-2564950
Organization Overview
Ogden Friends Of Acoustic Music - Ofoam is located in Ogden, UT. The organization was established in 2012. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Ogden Friends Of Acoustic Music - Ofoam 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 09/2022, Ogden Friends Of Acoustic Music - Ofoam generated $427.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $404.7k during the year ending 09/2022. While expenses have increased by 17.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OGDEN MUSIC FESTIVAL: 14TH ANNUAL 3-DAY OUTDOOR FESTIVAL JUNE 3-5, 2022@ FORT BUENAVENTURA WITH ON-SITE CAMPING FEATURING LOCAL, REGIONAL AND NATIONAL ARTISTS IN THE GENRE OF AMERICANA TO INCLUDE FOLK, BLUEGRASS, BLUES, MARIACHI. THE EVENTS ARE ACCESSIBLE TO AND GEARED TO FAMILIES WITH REASONABLE ADMISSION RATES AND FREE ADMISSION TO 16 & UNDER. EXPENSES $243,552; GRANTS: $63,445; REVENUE $121,729 (ADMISSIONS, MERCH, VENDOR BOOTH FEES) DIA DE LOS MUERTOS AT THE MONARCH: NOV 2-6, 2021 FREE EVENTS GEARED TOWARDS AND ORGANIZED BY HISPANIC COMMUNITY INCLUDING EVENING CONCERT & STUDENT OUTREACH WITH LAS CAFETERAS, STUDENT PERFORMING ARTS AND JURIED ART SHOW, FILM FESTIVAL, VACCINE CLINIC. EXPENSES $36,632; GRANTS $8,500; REVENUE $1,900 (MERCH)WILL & WAY: WEBER INSTRUMENT LENDING LIBRARY FOR WEBER ACOUSTIC YOUTH HIGH QUALITY STRINGED INSTRUMENTS PURCHASED TO ENHANCE THE FESTIVAL INSTRUMENT PETTING ZOO AND FOR LOANING TO OGDEN AREA YOUTH THROUGHOUT THE REMAINDER OF THE YEAR. AS PROGRAM EXPAND
Describe the Organization's Program Activity:
Part 3 - Line 4a
OGDEN MUSIC FESTIVAL: 14TH ANNUAL 3-DAY OUTDOOR FESTIVAL JUNE 3-5, 2022 @ FORT BUENAVENTURA WITH ON-SITE CAMPING FEATURING LOCAL, REGIONAL AND NATIONAL ARTISTS IN THE GENRE OF AMERICANA TO INCLUDE FOLK, BLUEGRASS, BLUES, MARIACHI. THE EVENTS ARE ACCESSIBLE TO AND GEARED TO FAMILIES WITH REASONABLE ADMISSION RATES AND FREE ADMISSION TO 16 & UNDER. EXPENSES: $243,552; GRANTS: $63,445; REVENUE: $121,729 (ADMISSIONS, MERCHANDISE, VENDOR BOOTH FEES).
DIA DE LOS MUERTOS AT THE MONARCH: NOV 2-6, 2021 FREE EVENTS GEARED TOWARDS AND ORGANIZED BY HISPANIC COMMUNITY INCLUDING EVENING CONCERT & STUDENT OUTREACH WITH LAS CAFETERAS, STUDENT PERFORMING ARTS AND JURIED ART SHOW, FILM FESTIVAL, VACCINE CLINIC. EXPENSES $36,632; GRANTS $8,500; REVENUE $1,900 (MERCH)
WILL & WAY: WEBER INSTRUMENT LENDING LIBRARY FOR WEBER ACOUSTIC YOUTH HIGH QUALITY STRINGED INSTRUMENTS PURCHASED TO ENHANCE THE FESTIVAL INSTRUMENT PETTING ZOO AND FOR LOANING TO OGDEN AREA YOUTH THROUGHOUT THE REMAINDER OF THE YEAR. AS PROGRAM EXPANDS, FREE MUSIC LESSONS WILL BE PROVIDED. EXPENSES $27,291; GRANTS $29,500; REVENUE $0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reba Nissen Co-Director | OfficerTrustee | 10 | $0 |
Michelle Tanner Executive Dir. | OfficerTrustee | 10 | $0 |
Bryan K Smith Creative Direct | Trustee | 3 | $0 |
Eric Bauman Community Servi | Trustee | 1 | $0 |
Kara Twitchell Vendor Coordina | Trustee | 4 | $0 |
Mara Brown Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $154,924 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,392 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,316 |
| Total Program Service Revenue | $229,309 |
| Investment income | $91 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,716 |
| 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. | $46,700 |
| Compensation of current officers, directors, key employees. | $46,700 |
| 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 | $8,509 |
| Advertising and promotion | $44,573 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $750 |
| 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 | $2,430 |
| All other expenses | $66,011 |
| Total functional expenses | $404,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,374 |
| Savings and temporary cash investments | $40,863 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,624 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $186,862 |
| 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 | $0 |
| 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 | $186,862 |
| Total liabilities and net assets/fund balances | $186,862 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ogden Friends Of Acoustic Music - Ofoam has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Ralph Nye Charitable Foundation Carnation, WA PURPOSE: GRANT/CONTRIBUTION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |
Suzuki Association Of The Americas Boulder, CO | $1,674,140 | $882,329 |
Foundation Music School Inc Fort Collins, CO | $326,525 | $861,230 |