Sanibel Music Festival Inc
- Assets
- $433.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sanibel, FL
- Founding
- 01/1989
- Data as of
- 09/2024
- EIN
- 65-0032845
Organization Overview
Sanibel Music Festival Inc is located in Sanibel, FL. The organization was established in 1989. 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. Sanibel Music Festival 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 09/2024, Sanibel Music Festival Inc generated $120.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $133.7k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRESENT CLASSICAL MUSIC CONCERTS TO APPROXIMATELY 1200 RESIDENTS IN THE COMMUNITY AT AFFORDABLE PRICES.
Describe the Organization's Program Activity:
Part 3
REVENUE FOR ALL 5 CONCERTS WERE LOWER DUE TO CHANGE OF VENUE IN MARCH 2022 THE USUAL VENUE AT THE CHURCH HAD TO BE CHANGED DUE TO DAMAGES TO THE CHURCH FROM HURRICANE IAN, FIVE CONCERTS WERE PERFORMED BY RENOWNED ARTISTS.
7 CLASSICAL CONCERTS IN MARCH OF EACH YEAR FOR THE VENUE, PERFORMING ARTISTS, CHURCH(VENUE) AND ALL EXPENSES TO ENABLE THE PERFORMANCE OF THE CONCERTS TICKET SALES OF $16060, CONTRIBUTIONS $10,127 SPONSORSHIPS OF PROGRAMS $244,164
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jana Stone Finance Director | 10 | $0 | |
Nina Orrell Vice President | 10 | $0 | |
Ed Ciskowski Treasurer | 5 | $0 | |
Roberta Conrad Secretary | 5 | $0 | |
Sheryl Steele Board Member | 5 | $0 | |
Linda Doug Garde Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,190 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14,803 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,142 |
| Total Revenue | $120,135 |
| 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 | $17,546 |
| Occupancy, rent, utilities, and maintenance | $16,996 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99,195 |
| Total expenses | $133,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,495 |
| Other assets | $0 |
| Total assets | $432,960 |
| Total liabilities | $514 |
| Net assets or fund balances | $432,446 |