Broadway Festivals Inc

Organization Overview

Broadway Festivals Inc is located in Lubbock, TX. The organization was established in 1992. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Broadway Festivals Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway 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 09/2021, Broadway Festivals Inc generated $297.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $273.2k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ORGANIZE, CONDUCT, AND FINANCE CELEBRATIONS IN DOWNTOWN LUBBOCK, TEXAS, TO FOCUS ATTENTION ON THE HISTORICAL SIGNIFICANCE AND OVERALL IMPORTANCE OF THE CENTRAL CORE OF LUBBOCK TO THE COMMUNITY AS A WHOLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CITY WIDE CELEBRATIONS, INCLUDING OBSERVATION OF THE FOURTH OF JULY, BENEFITTING THE CITIZENS OF LUBBOCK AND SURROUNDING COMMUNITIES AND INVOKING AN AWARENESS OF THE AREA'S HISTORICAL SIGNIFICANCE.


CITY WIDE CELEBRATIONS, INCLUDING OBSERVATION OF THE FOURTH OF JULY, BENEFITTING THE CITIZENS OF LUBBOCK AND SURROUNDING COMMUNITIES AND INVOKING AN AWARENESS OF THE AREA'S HISTORICAL SIGNIFICANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Don Caldwell
President
$0
Dale Gannaway
Vice President
$0
Tom Lafave
Secretary/treasurer
$0
Robert Porter
Board Member
$0
Cami Caldwell
Board Member
$0
Sandra Thomas
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $66,116
All other contributions, gifts, grants, and similar amounts not included above$189,290
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$255,406
Total Program Service Revenue$41,832
Investment income $65
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 $0
Miscellaneous Revenue$0
Total Revenue $297,303

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Broadway Festivals Inc has recieved totaling $19,716.

Awarding OrganizationAmount
Civic Lubbock Inc

Lubbock, TX

PURPOSE: TO ASSIST THE ORGANIZATION IN PUTTING ON THE 4TH ON BROADWAY CELEBRATION.

$19,716
View Grant Recipient Profile

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