Kerrville Folk Festival Foundation Inc, operating under the name Kerrville Folk Festival, is located in Kerrville, TX. The organization was established in 2000. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Kerrville Folk Festival employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kerrville Folk Festival 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, Kerrville Folk Festival generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.2m during the year ending 09/2022. While expenses have increased by 4.5% per year over the past 7 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
TO PROMOTE PUBLIC APPRECIATION AND SUPPORT FOR SONGWRITERS, THE SONGWRITING CRAFT, AND FOLK MUSIC BY CREATING A COMMUNITY WHERE SONGCRAFT IS SUPPORTED AND FOLK MUSIC IS ENJOYED BY PEOPLE OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUALLY, THE KFF FOUNDATION PRODUCES: THE 18-DAY KERRVILLE FOLK FESTIVAL (KFF), THE GRASSY HILL NEW FOLK COMPETITION, AND A FALL EVENT CALLED WELCOME HOME FESTIVAL (WHF). THE FOUNDATION ALSO CO-PRODUCES MUSIC CAMP FOR TEENS WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS AND A CONCERT SERIES, "MUSIC AT THE MANSION" WITH SCHREINER UNIVERSITY. THE KERRVILLE FOLK FESTIVAL (KFF) IS THE FOUNDATION'S FLAGSHIP EVENT. ESTABLISHED IN 1972, KFF IS AMONG THE LONGEST RUNNING MUSIC FESTIVALS IN THE UNITED STATES. IN 2022, WE CELEBRATED THE 50TH KERRVILLE FOLK FESTIVAL, AND HAD 5 PEOPLE IN ATTENDANCE WHO HAD COME TO ALL 50 FESTIVALS. DURING THE 18-DAY FESTIVAL THE FOUNDATION HOSTS THE GRASSY HILL NEW FOLK COMPETITION IN WHICH 800 SONGWRITERS FROM ACROSS THE COUNTRY SUBMIT TWO SONGS THEY HAVE WRITTEN. OF THOSE, 24 ARE SELECTED TO COMPETE AT THE FESTIVAL IN THE GRASSY HILL NEW FOLK CONTEST. SIX FINALISTS ARE SELECTED AS WINNERS. THE WINNERS RECEIVE A CASH PRIZE AND ARE HOSTED ON A WEEK-LONG TOUR IN TEXAS. THE FESTIVALS FEATURE BETWEEN 100 AND 200 PERFORMING SONGWRITERS FROM AROUND THE WORLD, A SONGWRITING SCHOOL AND INSTRUMENT WORKSHOPS. THE SECOND WELCOME HOME FESTIVAL WAS HELD OCTOBER 7 - 16, 2022. IT WAS WELL RECEIVED BY THOSE WHO ATTENDED; HOWEVER, ATTENDANCE WAS LOW. OVER THE TWO FESTIVAL WEEKENDS, THERE WERE MANY OTHER COMMUNITY GATHERINGS HROUGHOUT THE AREA. MUSIC CAMP FOR TEENS IS A 5-DAY CAMP FOR YOUTH AGED 13 - 18. FACULTY IS COMPRISED OF SONGWRITERS, MUSICIANS AND POETS THAT FOCUS ON HELPING STUDENTS "FIND THEIR OWN VOICE AND SOUND" WHILE INTEGRATING LESSONS THAT HELP TEENS BUILD SELF-ESTEEM, ENGAGE IN POSITIVE LEISURE TIME ACTIVITIES, AND DEVELOP LEADERSHIP SKILLS FOR UP TO 70 TEENS, MANY OF WHOM ARE FROM LOW INCOME AND SINGLE PARENT HOUSEHOLDS. CO-SPONSORED WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS (BGCCT), THE FOUNDATION COVERS THE FACULTY AND FACILITY EXPENSES. THE BGCCT COVERS THE FOOD, TRANSPORTATION, AND CAMP COUSELOR EXPENSES. DUE TO COVID, CAMPS WERE NOT HOSTED IN 2020 OR 2021. ATTENDANCE WAS DOWN IN 2022 HOWEVER, WE KNOW THAT MANY TEENS RETURN AS MANY YEARS AS THEY CAN, AND WE LOST TWO YEARS OF BUILDING ATTENDEES. MUSIC AT THE MANSION IS A YEARLONG CONCERT SERIES COMPRISED OF SIX SHOWS EACH YEAR, EACH SHOW FEATURING TWO PERFORMING SONGWRITERS. THIS SERIES IS HELD IN PARTNERSHIP WITH SCHREINER UNIVERSITY AND THE SHOWS ARE HOSTED ON THE UNIVERSITY CAMPUS. 2022 WAS THE 10TH YEAR FOR THIS SERIES.
SINCE 2011, EXCEPT FOR THE YEARS 2020 AND 2021 DUE TO COVID, THE KERRVILLE FOLK FESTIVAL FOUNDATION ALONG WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS HOSTED A FIVE-DAY MUSIC CAMP FOR TEENS IN JULY. FACULTY IS COMPRISED OF SONGWRITERS, MUSICIANS AND POETS THAT FOCUS ON HELPING STUDENTS "FIND THEIR OWN VOICE AND SOUND" WHILE INTEGRATING LESSONS THAT HELP TEENS BUILD SELF- ESTEEM, ENGAGE IN POSITIVE LEISURE TIME ACTIVITIES,AND DEVELOP LEADERSHIP SKILLS FOR 70 TEENS, MANY OF WHOM ARE FROM LOW INCOME AND SINGLE PARENT HOUSEHOLDS. THE CAMP RESUMED IN 2022 HOWEVER, ONLY 50 TEENS ATTENDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sami Burk Vice Preside | Officer | 5 | $0 |
Kerry Knerr Treasurer | Officer | 5 | $0 |
Chuck Lesniak Secretary | Officer | 5 | $0 |
Val Stinson President | Officer | 5 | $0 |
David Obermann Board Member | Trustee | 5 | $0 |
Tom Prasada-Rao Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $75,185 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $365,090 |
All other contributions, gifts, grants, and similar amounts not included above | $569,511 |
Noncash contributions included in lines 1a–1f | $5,002 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,009,786 |
Total Program Service Revenue | $546,083 |
Investment income | $755 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,870 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $61,478 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $20,321 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,646,197 |
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 | $118,156 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,134 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $50,899 |
Office expenses | $4,204 |
Information technology | $8,131 |
Royalties | $0 |
Occupancy | $30,596 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $250 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,181 |
Insurance | $22,317 |
All other expenses | $67,045 |
Total functional expenses | $1,197,596 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $858,222 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $624,363 |
Investments—publicly traded securities | $37,714 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $32,241 |
Other assets | $0 |
Total assets | $1,558,540 |
Accounts payable and accrued expenses | -$5,788 |
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 | $166,649 |
Total liabilities | $160,861 |
Net assets without donor restrictions | $1,397,679 |
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 | $1,558,540 |
Over the last fiscal year, we have identified 2 grants that Kerrville Folk Festival Foundation Inc has recieved totaling $6,172.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,088 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,084 |
Organization Name | Assets | Revenue |
---|---|---|
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
Warrior Notes Destrehan, LA | $6,531,153 | $6,740,480 |
New Orleans Musicians Assistancefoundation New Orleans, LA | $2,625,519 | $1,960,903 |
Kerrville Folk Festival Foundation Inc Kerrville, TX | $1,558,540 | $1,646,197 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Midland Odessa Symphony And Chorale Inc Midland, TX | $4,668,029 | $1,189,263 |
Roots Of Music Inc New Orleans, LA | $598,901 | $932,201 |
Youth Choirs Inc San Antonio, TX | $451,626 | $533,478 |
Choristers Guild Dallas, TX | $699,058 | $929,253 |
American Festival For The Arts Houston, TX | $549,941 | $638,713 |