Redwood Coast Music Festivals Inc
- Assets
- $102.4k
- Revenue
- $261.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Eureka, CA
- Founding
- 12/1993
- Data as of
- 12/2023
- EIN
- 68-0288157
Organization Overview
Redwood Coast Music Festivals Inc is located in Eureka, CA. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redwood Coast Music Festivals 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 12/2023, Redwood Coast Music Festivals Inc generated $261.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $248.0k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE, PROMOTE, AND PRESENT MUSIC-BASED FESTIVALS AND EVENTS THAT STIMULATE THE LOCAL ECONOMY, ENHANCE TOURISM IN THE HUMBOLDT BAY REGION, SUPPORT YOUTH MUSIC EDUCATION AND SENIOR PROGRAMS, AND PROMOTE INTER-GENERATIONAL AND MULTI-CULTURAL OPPORTUNITIES THROUGH MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR OVER 30 YEARS, THE RCMF BOARD HAS ORGANIZED, PROMOTED, AND PRESENTED THE REDWOOD COAST MUSIC FESTIVAL, A FOUR DAY EVENT FEATURING A VARIETY OF MUSIC INCLUDING JAZZ, SWING, ZYDECO, BLUES, AND MORE. THE WEEKEND FEATURES A VARIETY OF HEADLINER BANDS, GUEST ARTISTS, YOUTH BANDS, AND LOCAL BANDS WHO PERFORM FOR OVER 4,500 MUSIC AND DANCE ENTHUSIASTS. IN TOTAL, THERE ARE OVER 100 SETS OF MUSIC STARTING WITH THE KICK OFF DANCE ON THURSDAY NIGHT. LOCAL BUSINESSES AND INDIVIDUALS HELP SPONSOR THIS EVENT. THE FESTIVAL IS ORGANIZED BY AN ALL-VOLUNTEER BOARD AND IS ASSISTED BY COMMUNITY VOLUNTEERS WHO HELP OPERATE THE VENUES.
THE ORGANIZATION SUPPORTED OTHER LOCAL NONPROFIT ORGANIZATIONS BY DONATING TICKETS AND MERCHANDISE FOR THEIR FUNDRAISING EVENTS.
RCMF ALSO COLLECTED USED MUSICAL INSTRUMENTS, PAID TO HAVE THEM RESTORED, AND THEN DONATED INSTRUMENTS TO LOCAL SCHOOL MUSIC PROGRAMS. RCMF SUPPORTED OTHER NONPROFIT OGANIZATIONS BY DONATING TICKETS AND MERCHANDISE FOR THEIR FUNDRAISING EVENTS.
RCMF SUPPORTED LOCAL SENIORS BY PROVIDING FREE MUSIC EVENTS AT THE FESTIVAL AND REDUCED TICKET PRICES. IN ADDITION, RCMF SUPPORTED THE YOUTH BY PROVIDING A SPECIAL FREE MUSIC CONCERT FOR LOCAL SCHOOLS AND FREE MUSIC CLINICS FOR SELECTED SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Cooney Board Member | Trustee | 0.5 | $0 |
George Cooney Board Member | Trustee | 0.5 | $0 |
Lynn Mckenna Board Member | Trustee | 0.5 | $0 |
Kevin Danel Board Member | Trustee | 0.5 | $0 |
Kevin Christie Board Member | Trustee | 0.5 | $0 |
Matt Niesen Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,594 |
| Total Program Service Revenue | $143,311 |
| Investment income | $184 |
| 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 | $1,431 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,520 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,293 |
| Information technology | $2,716 |
| Royalties | $0 |
| Occupancy | $510 |
| Travel | $6,832 |
| 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 | $7,349 |
| All other expenses | $12,090 |
| Total functional expenses | $247,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,417 |
| Savings and temporary cash investments | $94,949 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| 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 | $0 |
| Total assets | $102,366 |
| Accounts payable and accrued expenses | $2,266 |
| 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 | $2,266 |
| Net assets without donor restrictions | $100,100 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $102,366 |