Carmel Porchfest
- Assets
- $63.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/2019
- Data as of
- 12/2023
- 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 12/2023, Carmel Porchfest generated $122.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $129.4k during the year ending 12/2023. While expenses have increased by 33.8% per year over the past 5 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
2023
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 2023. IN ADDITION, DUE TO FUNDRAISING EFFORTS, WERE ABLE TO SPONSOR SEVEN YOUTHS FROM THE HAMILTON COUNTY AREA THROUGH OUR PORCHFEST GRANT. AFFORDING THEM THE OPPORTUNITY TO PURCHASE INSTRUMENTS TO PURSUE THEIR MUSICAL ASPIRATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Kirsh President | 3 | $0 | |
Sondra Schwieterman Secretary | 2 | $0 | |
Elizabeth Yust Treasurer | 2 | $0 | |
Joseph Barnes Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,434 |
| Total Program Service Revenue | $5,685 |
| Membership dues | $0 |
| Investment income | $619 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,738 |
| 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 | $19,234 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,547 |
| Total expenses | $129,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,588 |
| Other assets | $0 |
| Total assets | $63,588 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,588 |