Civic Intelligence

Festival Hall Inc.

990EZ • Fiscal year 2016 • EIN 27-2365249

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 14, 2017

PO Box 711Greensboro, GA 30642

(762) 243-8022

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

24th percentile

-9.9%

Higher net margin than 24% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

35th percentile

-5.2%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$132,579

Down $21,245 (-14%) from 2014

Net Assets

Down

$132,379

Down $21,445 (-14%) from 2014

Liabilities

$200

No earlier filing loaded for comparison.

Revenue

Down

$75,620

Down $28,985 (-28%) from 2014

Expenses

Down

$83,080

Down $5,090 (-5.8%) from 2014

Net Income

Down

-$7,460

Down $23,895 (-145%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2014: $153,824Net Assets 2014: $153,8242014Assets 2016: $132,579Liabilities 2016: $200Net Assets 2016: $132,3792016Assets 2017: $144,228Liabilities 2017: $200Net Assets 2017: $144,0282017Assets 2019: $121,400Liabilities 2019: $200Net Assets 2019: $121,2002019Assets 2020: $111,035Liabilities 2020: $200Net Assets 2020: $110,8352020Assets 2021: $121,448Liabilities 2021: $11,664Net Assets 2021: $109,7842021Assets 2022: $110,433Liabilities 2022: $200Net Assets 2022: $110,2332022Assets 2024: $116,146Liabilities 2024: $200Net Assets 2024: $115,9462024

Highlighted filing

2016

Assets$132,579
Liabilities$200
Net Assets$132,379

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $104,605Expenses 2014: $88,170Net Income 2014: $16,4352014Revenue 2016: $75,620Expenses 2016: $83,080Net Income 2016: -$7,4602016Revenue 2017: $101,658Expenses 2017: $90,009Net Income 2017: $11,6492017Revenue 2019: $73,519Expenses 2019: $70,859Net Income 2019: $2,6602019Revenue 2020: $54,604Expenses 2020: $64,969Net Income 2020: -$10,3652020Revenue 2021: $68,327Expenses 2021: $69,378Net Income 2021: -$1,0512021Revenue 2022: $127,239Expenses 2022: $126,790Net Income 2022: $4492022Revenue 2024: $139,872Expenses 2024: $138,098Net Income 2024: $1,7742024

Highlighted filing

2016

Revenue$75,620
Expenses$83,080
Net Income-$7,460
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 14, 2017
Return Version
2015v3.0
Gross Receipts
$75,620
Mission and Program Overview

Mission

To enhance the range, quality and accessibility of cultural fare available to the public, promote art education and contribute to the overall cultural life of Greensboro and the surrounding area.

Program Services

DescriptionGrantsExpenses
Cultural fare$49,167-
Arts and Educational programs$8,677-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John CawthonBoard Member-$0--
Mark LipscombChairman-$0--
Barbara DuckerBoard Member-$0--
Skip FlintBoard Member-$0--
Cail HammonsVice-Chair-$0--
Vern SumnerBoard Member-$0--
Carol LynchBoard Member-$0--
Becky CronicDirector-$0--
Filing and Contact Details

Filer

Filer Name
Festival Hall Inc
EIN
27-2365249
Phone
7622438022
Address
PO Box 711, Greensboro, GA 30642

Signing Officer

Name
Mark Lipscomb
Title
Chairman
Signed
2017-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Treadwell Tamplin & Co LLP
Address
157 W Jefferson St, Madison, GA 30650
Preparer
Carrie M Wilkins
Phone
7063421040
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $7482

Other Expenses.1002

Office Expenses $1303

Other Expenses.1003

Information Technology $680

Other Expenses.1007

Conferences, Conventions, and Meetings $1467

Other Expenses.1009

Depreciation $6637

Other Expenses.1

Utilities $27319

Other Expenses.2

Events $12938

Other Expenses.3

Maintenance & repairs $5998

Other Expenses.4

Cleaning fees $5927

Other Expenses.5

Security $4333

Other Expenses.6

Supplies $2443

Other Expenses.7

Pest Control $150

Other Expenses.8

Professional memberships $75

Other Assets.1002

Furniture and Fixtures - Beginning $3801 Furniture and Fixtures - Ending $3255

Other Assets.1003

Machinery and Equipment - Beginning $626 Machinery and Equipment - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $200

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Pest Control $150
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark Lipscomb
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Festival Hall Inc
ReturnHeader/Filer/BusinessNameControlTxt0FEST
ReturnHeader/Filer/EIN0272365249
ReturnHeader/Filer/PhoneNum07622438022
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 711
ReturnHeader/Filer/USAddress/CityNm0Greensboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030642
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0157 W Jefferson St
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030650
ReturnHeader/PreparerPersonGrp/PhoneNum07063421040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carrie M Wilkins
ReturnHeader/ReturnTs02017-08-14T08:15:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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