Civic Intelligence

Midsummer Arts Faire Nfp

EIN 20-8240575 • 501(c)3 • Quincy, IL

Profile

The mission of the midsummer arts faire is to increase awareness and appreciation for the fine arts by presenting a set of experiences that connects artists and the community at large

307 N 36th StQuincy, IL 62301

www.midsummerarts.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

91st percentile

84%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

9.9%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$38,706

Up $17,707 (+84%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$38,706

Up $17,707 (+84%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin81st percentile

Revenue

Up

$59,375

Up $5,351 (+9.9%) from 2022

Expenses

Down

$41,668

Down $10,848 (-21%) from 2022

Net Income

Up

$17,707

Up $16,199 (+1074%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2010: $10,008Net Assets 2010: $10,0082010Assets 2011: $10,373Liabilities 2011: $02011Assets 2012: $5,506Net Assets 2012: $5,5062012Assets 2013: $11,477Net Assets 2013: $11,4772013Assets 2017: $18,149Liabilities 2017: $416Net Assets 2017: $17,7332017Assets 2018: $23,951Net Assets 2018: $23,9512018Assets 2019: $26,988Net Assets 2019: $26,9882019Assets 2020: $24,947Liabilities 2020: $5,000Net Assets 2020: $19,9472020Assets 2021: $19,491Net Assets 2021: $19,4912021Assets 2022: $20,999Net Assets 2022: $20,9992022Assets 2023: $38,706Liabilities 2023: $0Net Assets 2023: $38,7062023

Highlighted filing

2023

Assets$38,706
Liabilities$0
Net Assets$38,706
Open 2023 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $34,352Expenses 2010: $34,270Net Income 2010: $822010Revenue 2011: $35,728Expenses 2011: $35,277Net Income 2011: $4512011Revenue 2012: $33,718Expenses 2012: $38,585Net Income 2012: -$4,8672012Revenue 2013: $55,637Expenses 2013: $49,665Net Income 2013: $5,9722013Revenue 2017: $93,981Expenses 2017: $81,977Net Income 2017: $12,0042017Revenue 2018: $88,813Expenses 2018: $82,599Net Income 2018: $6,2142018Revenue 2019: $69,419Expenses 2019: $66,382Net Income 2019: $3,0372019Revenue 2020: $5,016Expenses 2020: $12,058Net Income 2020: -$7,0422020Revenue 2021: $50,700Expenses 2021: $51,155Net Income 2021: -$4552021Revenue 2022: $54,024Expenses 2022: $52,516Net Income 2022: $1,5082022Revenue 2023: $59,375Expenses 2023: $41,668Net Income 2023: $17,7072023

Highlighted filing

2023

Revenue$59,375
Expenses$41,668
Net Income$17,707
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,706
Liabilities
$0
Net assets
$38,706
Revenue
$59,375
Expenses
$41,668
Net income
$17,707
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$38.7$0.00$38.7$59.4$41.7$17.7
2022Detailed filing. Detailed filing data is available for this year.$21.0$21.0$54.0$52.5$1.51
2021Detailed filing. Detailed filing data is available for this year.$19.5$19.5$50.7$51.2$0.46
2020Detailed filing. Detailed filing data is available for this year.$24.9$5.00$19.9$5.02$12.1$7.04
2019Detailed filing. Detailed filing data is available for this year.$27.0$27.0$69.4$66.4$3.04
2018Detailed filing. Detailed filing data is available for this year.$24.0$24.0$88.8$82.6$6.21
2017Detailed filing. Detailed filing data is available for this year.$18.1$0.42$17.7$94.0$82.0$12.0
2013Detailed filing. Detailed filing data is available for this year.$11.5$11.5$55.6$49.7$5.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$5.51$33.7$38.6$4.87
2011Summary only. Only limited summary data is available for this year.$10.4$0.00$35.7$35.3$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$10.0$34.4$34.3$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 16, 2024
Return Version
2023v5.0
Gross Receipts
$59,375
Mission and Program Overview

Mission

The mission of the midsummer arts faire is to increase awareness and appreciation for the fine arts by presenting a set of experiences that connects artists and the community at large

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER HELSABECKTreasurer-$0--
DEB MYERSPresident-$0--
JENNIFER SOUSADirector-$0--
REBECCA BUTLERDirector-$0--
RACHEL ROUNDTREEDirector-$0--
TERRY SHERERDirector-$0--
ALANA REEDDirector-$0--
MADISON BAGLEYDirector-$0--
SUSAN SCHOLZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Midsummer Arts Faire Nfp
EIN
20-8240575
Phone
2172287796
Address
307 N 36TH ST, QUINCY, IL 62301

Signing Officer

Name
Christopher Helsabeck
Title
Treasurer
Phone
0000000000
Signed
2024-11-16
Supplemental Narrative

Additional Explanations

Schedule O:

“Part i, line 10 the district qfest concert $5,000 128 n 5th street quincy il 62301 quincy art center qfest supplies $3,750 1515 jersey street quincy il 62301 part i, line 16 infrastructure $8,376 artist expenses $7,698 hospitality $750 grounds $3,062 art for everyone $200 operating expenses $3,335 part iii the mission of the midsummer arts faire is to increase awareness and appreciation for the fine arts by presenting a set of experiences that connects artists and the community at large”

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 10 THE DISTRICT QFEST CONCERT $5,000 128 N 5TH STREET QUINCY IL 62301 QUINCY ART CENTER QFEST SUPPLIES $3,750 1515 JERSEY STREET QUINCY IL 62301 PART I, LINE 16 INFRASTRUCTURE $8,376 ARTIST EXPENSES $7,698 HOSPITALITY $750 GROUNDS $3,062 ART FOR EVERYONE $200 OPERATING EXPENSES $3,335 PART III THE MISSION OF THE MIDSUMMER ARTS FAIRE IS TO INCREASE AWARENESS AND APPRECIATION FOR THE FINE ARTS BY PRESENTING A SET OF EXPERIENCES THAT CONNECTS ARTISTS AND THE COMMUNITY AT LARGE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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