Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Portsevents Inc
EIN 26-4407877 • 501(c)3 • Portsmouth, VA
Profile
The organization's mission is to help put "feet on the street" in portsmouth, particularly its olde towne district, through the production and support of events and activities that will attract both current and new visitors to olde towne. The organization wishes to reverse the negative image of portsmouth held by many in the region and beyond, and to build a reputation for it being a safe, fun and exiting place for people all ages to live, work and play.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Balance Sheet
Assets
Up$9,128
Up $628 (+7.4%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$9,128
Up $628 (+7.4%) from 2024
Revenue
Up$56,759
Up $56,758 (+5675800%) from 2024
Expenses
Up$56,130
Up $55,799 (+16858%) from 2024
Net Income
Up$629
Up $959 (+291%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,128
- Liabilities
- -
- Net assets
- $9,128
- Revenue
- $56,759
- Expenses
- $56,130
- Net income
- $629
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Feb 9, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $56,759
Mission and Program Overview
Mission
The organization's mission is to help put "feet on the street" in portsmouth, particularly its olde towne district, through the production and support of events and activities that will attract both current and new visitors to olde towne. Portsevents wishes to reverse the negative image of portsmouth held by many in the region and beyond, to partner from time to time with other organizations who share a similar mission, and to build a reputation for portsmouth as a safe, fun and exiting place for people all ages to live, work and play.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH VIRGINIA. | - | $56,130 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROSS CHERRY | President | - | $0 | - | - |
| MATT TUTTLE | Vice Preside | - | $0 | - | - |
| DR ROBERTA HANSEL-UNION | Secretary/Tr | - | $0 | - | - |
| STEPHEN KORVING | Director | - | $0 | - | - |
| MICHELLE WREN | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Portsevents Inc
- EIN
- 26-4407877
- Phone
- 7573978473
- Address
- 739 HIGH ST, PORTSMOUTH, VA 23704
Signing Officer
- Name
- Michelle Wren
- Title
- Director
- Phone
- 7573978473
- Signed
- 2026-02-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Barnes Brock Cornwell & Painter Plc
- Address
- 908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
- Preparer
- Kimberly C Painter CPA
- Phone
- 7579615017
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office supplies 87 insurance 1,048 program events 51,770 total 52,905”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 3,250 total 0 3,250”
Form 990-ez, Part III
“The organization's mission is to help put "feet on the street" in portsmouth, particularly its olde towne district, through the production and support of events and activities that will attract both current and new visitors to olde towne. Portsevents wishes to reverse the negative image of portsmouth held by many in the region and beyond, to partner from time to time with other organizations who share a similar mission, and to build a reputation for portsmouth as a safe, fun and exiting place for people all ages to live, work and play.”
Raw XML Appendix143 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7573978473 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 719 HIGH STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PORTSMOUTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23704 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8499 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5878 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 629 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3225 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8499 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9128 |
| IRS990EZ/GrossReceiptsAmt | 0 | 56759 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 8499 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 9128 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 8499 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 9128 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROSS CHERRY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MATT TUTTLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DR ROBERTA HANSEL-UNION |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | STEPHEN KORVING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MICHELLE WREN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3250 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 52905 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION'S MISSION IS TO HELP PUT "FEET ON THE STREET" IN PORTSMOUTH, PARTICULARLY ITS OLDE TOWNE DISTRICT, THROUGH THE PRODUCTION AND SUPPORT OF EVENTS AND ACTIVITIES THAT WILL ATTRACT BOTH CURRENT AND NEW VISITORS TO OLDE TOWNE. PORTSEVENTS WISHES TO REVERSE THE NEGATIVE IMAGE OF PORTSMOUTH HELD BY MANY IN THE REGION AND BEYOND, TO PARTNER FROM TIME TO TIME WITH OTHER ORGANIZATIONS WHO SHARE A SIMILAR MISSION, AND TO BUILD A REPUTATION FOR PORTSMOUTH AS A SAFE, FUN AND EXITING PLACE FOR PEOPLE ALL AGES TO LIVE, WORK AND PLAY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 51758 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH VIRGINIA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 56130 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 56130 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 56130 |
| IRS990EZ/TotalRevenueAmt | 0 | 56759 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 315 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 632 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 18078 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 24025 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 30 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 51758 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99880 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99910 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 24025 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 315 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 632 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 18078 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 24025 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 24055 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE SUPPLIES 87 INSURANCE 1,048 PROGRAM EVENTS 51,770 TOTAL 52,905 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 3,250 TOTAL 0 3,250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S MISSION IS TO HELP PUT "FEET ON THE STREET" IN PORTSMOUTH, PARTICULARLY ITS OLDE TOWNE DISTRICT, THROUGH THE PRODUCTION AND SUPPORT OF EVENTS AND ACTIVITIES THAT WILL ATTRACT BOTH CURRENT AND NEW VISITORS TO OLDE TOWNE. PORTSEVENTS WISHES TO REVERSE THE NEGATIVE IMAGE OF PORTSMOUTH HELD BY MANY IN THE REGION AND BEYOND, TO PARTNER FROM TIME TO TIME WITH OTHER ORGANIZATIONS WHO SHARE A SIMILAR MISSION, AND TO BUILD A REPUTATION FOR PORTSMOUTH AS A SAFE, FUN AND EXITING PLACE FOR PEOPLE ALL AGES TO LIVE, WORK AND PLAY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHELLE WREN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7573978473 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PORTSEVENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PORT |
| ReturnHeader/Filer/EIN | 0 | 264407877 |
| ReturnHeader/Filer/PhoneNum | 0 | 7573978473 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 739 HIGH ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PORTSMOUTH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23704 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200221868 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BARNES BROCK CORNWELL & PAINTER PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 908 EDEN WAY N STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHESAPEAKE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 233202640 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7579615017 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIMBERLY C PAINTER CPA |
| ReturnHeader/ReturnTs | 0 | 2026-03-10T09:47:59-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.