Civic Intelligence

Festival Hall Inc.

990EZ • Fiscal year 2018 • EIN 27-2365249

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 14, 2019

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

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-35%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-29%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$122,188

Down $22,040 (-15%) from 2017

Net Assets

Down

$118,540

Down $25,488 (-18%) from 2017

Liabilities

Up

$3,648

Up $3,448 (+1724%) from 2017

Revenue

Down

$72,199

Down $29,459 (-29%) from 2017

Expenses

Up

$97,687

Up $7,678 (+8.5%) from 2017

Net Income

Down

-$25,488

Down $37,137 (-319%) from 2017

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 2018: $122,188Liabilities 2018: $3,648Net Assets 2018: $118,5402018Assets 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

2018

Assets$122,188
Liabilities$3,648
Net Assets$118,540

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 2018: $72,199Expenses 2018: $97,687Net Income 2018: -$25,4882018Revenue 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

2018

Revenue$72,199
Expenses$97,687
Net Income-$25,488
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 14, 2019
Return Version
2017v2.2
Gross Receipts
$72,199
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$61,525-
Arts and Educational programs$6,836-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pat WelchBoard Member-$0--
Jarvis WingfieldBoard Member-$0--
Jackie GreerBoard Member-$0--
Skip FlintBoard Member-$0--
Cail HammonsVice-Chair-$0--
Vern SumnerChairman-$0--
Carol LynchBoard Member-$0--
Dennis JohnsonBoard Member-$0--
Marj BeucBoard Member-$0--
Nicole ChillemiDirector-$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
Vern Sumner
Title
Chairman
Signed
2019-08-14
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 $5967

Other Expenses.1002

Office Expenses $2186

Other Expenses.1007

Conferences, Conventions, and Meetings $1608

Other Expenses.1009

Depreciation $5911

Other Expenses.1

Maintenance & repairs $30412

Other Expenses.2

Utilities $20633

Other Expenses.3

Events $8097

Other Expenses.4

Cleaning fees $7091

Other Expenses.5

Security $4073

Other Expenses.6

Fire Protection Monitoring $3989

Other Expenses.7

Supplies $1654

Other Expenses.8

Professional memberships $408

Other Expenses.9

Pest Control $300

Other Assets.1002

Furniture and Fixtures - Beginning $2709 Furniture and Fixtures - Ending $2263

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $200 Accounts Payable and Accrued Expenses - Ending $3648

Raw XML Appendix203 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/ExplanationTxt0Advertising and Promotion $5967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $1608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $5911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Maintenance & repairs $30412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Utilities $20633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Events $8097
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Security $4073
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fire Protection Monitoring $3989
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies $1654
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Professional memberships $408
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Pest Control $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Furniture and Fixtures - Beginning $2709 Furniture and Fixtures - Ending $2263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Payable and Accrued Expenses - Beginning $200 Accounts Payable and Accrued Expenses - Ending $3648
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Vern Sumner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-14
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
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581312071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Treadwell Tamplin & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0157 W Jefferson St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030650
ReturnHeader/PreparerPersonGrp/PhoneNum07063421040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carrie M Wilkins
ReturnHeader/ReturnTs02019-08-14T11:25:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

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