Carmel Porchfest
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 47-0961933
Organization Overview
Carmel Porchfest is located in Indianapolis, IN. The organization was established in 2019. 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. Carmel Porchfest 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 12/2021, Carmel Porchfest generated $60.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $50.4k during the year ending 12/2021. While expenses have increased by 18.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CARMEL PORCHFEST HELD A TOTAL OF FIVE LIVE EVENTS, TO SHOWCASE AND PROMOTE LOCAL MUSICIANS/ARTISTS IN CENTRAL INDIANA THROUGHOUT 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Kirsh President | 3 | $0 | |
Sondra Schwieterman Secretary | 2 | $0 | |
Elizabeth Yust Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,564 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,598 |
| 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 | $9,710 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,660 |
| Total expenses | $50,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,749 |
| Other assets | $0 |
| Total assets | $20,749 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,749 |
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