Borderlight Festival
- Assets
- $175.1k
- Revenue
- $173.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-3097923
Organization Overview
Borderlight Festival is located in Cleveland, OH. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Borderlight 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 12/2021, Borderlight Festival generated $173.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $138.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BORDERLIGHTS MISSION IS TO PRESENT VISIONARY INTERNATIONAL THEATRE AND BUILD CROSS-CULTURAL UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BORDERLIGHT INTERNATIONAL THEATRE AND FRINGE FESTIVAL IS A NEW BIENNIAL FESTIVAL OF CONTEMPORARY AND INTERNATIONAL THEATRE THAT LAUNCHED IN CLEVELAND. OVER FOUR SPECTACULAR DAYS, THE FESTIVAL HOSTED 40 PRODUCTIONS FROM ACROSS THE GLOBE (AND HOMEGROWN IN CLEVELAND, OHIO), STAGED IN 11 INDOOR AND OUTDOOR VENUES IN DOWNTOWN CLEVELAND. SHOWS INCLUDED PROFESSIOANL TOURING THEATRE COMPANIES FROM AROUND THE GLOBE, A FRINGE FESTIVAL OF FRESH, ALTERNATIVE, AND ORIGINAL PERFORMANCES FROM COMPANIES ACROSS THE US, ALONG WITH SPECIAL COLLABORATIONS BETWEEN VISITING INTERNATIOANL ARTISTS IN PARTNERSHIP WITH SOME OF THE CITYS MOST CELEBRATED THEATRES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Pence Co Director | Officer | 20 | $3,000 |
Dale Heinen Co-Director | Officer | 20 | $3,000 |
Dan Moulthrop President | OfficerTrustee | 5 | $0 |
Craig Saavedra Director | Trustee | 2 | $0 |
Amy Viny Director | Trustee | 2 | $0 |
Terry Stewart Director | Trustee | 2 | $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 | $173,856 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,856 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $173,856 |
| 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. | $6,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,801 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,893 |
| Office expenses | $11,067 |
| Information technology | $1,919 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $4,388 |
| Total functional expenses | $137,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,769 |
| 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 | $175,070 |
| Accounts payable and accrued expenses | $1,450 |
| 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 | $1,450 |
| Net assets without donor restrictions | $168,324 |
| Net assets with donor restrictions | $5,296 |
| 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 | $175,070 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Borderlight Festival has recieved totaling $84,750.
| Awarding Organization | Amount |
|---|---|
Cleveland Foundation Cleveland, OH PURPOSE: BORDERLIGHT 2019 FRINGE FESTIVAL IN CLEVELAND | $52,250 |
Jewish Federation Of Cleveland Cleveland, OH PURPOSE: GENERAL SUPPORT | $13,750 |
Jewish Federation Of Cleveland Cleveland, OH PURPOSE: GENERAL SUPPORT | $13,750 |
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music And Event Management Inc Cincinnati, OH | $33,809,112 | $73,072,797 |
Cuyahoga County Convention Facilities Development Corporation Cleveland, OH | $27,851,572 | $49,456,687 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Flint Cultural Center Corporation Inc Flint, MI | $82,664,438 | $21,920,278 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |