Civic Intelligence

American Music Festivals

EIN 36-4156315 • 501(c)3 • Chicago, IL

Profile

Promote cultural exchange

6035 N Northwest Hwy Ste 304Chicago, IL 60631

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

14.48x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.40x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

14th percentile

-50%

Higher net margin than 14% 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

16th percentile

-64%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Revenue Growth

39th percentile

-14%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$389

Down $2,595 (-87%) from 2021

Liabilities

Down

$5,634

Down $1 (-0.0%) from 2021

Net Assets

Down

-$5,245

Down $2,594 (-98%) from 2021

Operations
Liabilities / Revenue91st percentileNet Margin14th percentile

Revenue

Down

$13,920

Down $4,692 (-25%) from 2021

Expenses

Up

$20,941

Up $5,635 (+37%) from 2021

Net Income

Down

-$7,021

Down $10,327 (-312%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

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

$10K$5.0K$0-$5.0K-$10KAssets 2011: $781Liabilities 2011: $552Net Assets 2011: $2292011Assets 2012: $731Liabilities 2012: $1,781Net Assets 2012: -$1,0502012Assets 2013: $1,928Liabilities 2013: $196Net Assets 2013: $1,7322013Assets 2014: $2,554Net Assets 2014: $2,5542014Assets 2015: $278Liabilities 2015: $90Net Assets 2015: $1882015Assets 2016: $4,693Net Assets 2016: $4,6932016Assets 2017: $285Liabilities 2017: $5,786Net Assets 2017: -$5,5012017Assets 2018: $69Liabilities 2018: $5,643Net Assets 2018: -$5,5742018Assets 2019: $422Liabilities 2019: $6,015Net Assets 2019: -$5,5932019Assets 2020: $6Liabilities 2020: $5,963Net Assets 2020: -$5,9572020Assets 2021: $2,984Liabilities 2021: $5,635Net Assets 2021: -$2,6512021Assets 2023: $389Liabilities 2023: $5,634Net Assets 2023: -$5,2452023

Highlighted filing

2023

Assets$389
Liabilities$5,634
Net Assets-$5,245
Open 2023 Filing

Operations Trend

Revenue Growth39th percentile

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

$40K$20K$0-$20KRevenue 2011: $20,746Expenses 2011: $23,226Net Income 2011: -$2,4802011Revenue 2012: $26,558Expenses 2012: $27,837Net Income 2012: -$1,2792012Revenue 2013: $9,388Expenses 2013: $6,606Net Income 2013: $2,7822013Revenue 2014: $18,836Expenses 2014: $18,014Net Income 2014: $8222014Revenue 2015: $13,222Expenses 2015: $15,588Net Income 2015: -$2,3662015Revenue 2016: $38,374Expenses 2016: $33,869Net Income 2016: $4,5052016Revenue 2017: $16,629Expenses 2017: $26,823Net Income 2017: -$10,1942017Revenue 2018: $14,073Expenses 2018: $14,146Net Income 2018: -$732018Revenue 2019: $18,719Expenses 2019: $18,738Net Income 2019: -$192019Revenue 2020: $15,368Expenses 2020: $15,732Net Income 2020: -$3642020Revenue 2021: $18,612Expenses 2021: $15,306Net Income 2021: $3,3062021Revenue 2023: $13,920Expenses 2023: $20,941Net Income 2023: -$7,0212023

Highlighted filing

2023

Revenue$13,920
Expenses$20,941
Net Income-$7,021
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$389
Liabilities
$5,634
Net assets
-$5,245
Revenue
$13,920
Expenses
$20,941
Net income
-$7,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.39$5.63$5.25$13.9$20.9$7.02
2021Detailed filing. Detailed filing data is available for this year.$2.98$5.64$2.65$18.6$15.3$3.31
2020Detailed filing. Detailed filing data is available for this year.$0.01$5.96$5.96$15.4$15.7$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.42$6.02$5.59$18.7$18.7$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.07$5.64$5.57$14.1$14.1$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.29$5.79$5.50$16.6$26.8$10.2
2016Detailed filing. Detailed filing data is available for this year.$4.69$4.69$38.4$33.9$4.51
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.09$0.19$13.2$15.6$2.37
2014Detailed filing. Detailed filing data is available for this year.$2.55$2.55$18.8$18.0$0.82
2013Detailed filing. Detailed filing data is available for this year.$1.93$0.20$1.73$9.39$6.61$2.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$1.78$1.05$26.6$27.8$1.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.55$0.23$20.7$23.2$2.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 6, 2024
Return Version
2023v5.0
Gross Receipts
$13,920
Mission and Program Overview

Mission

PROMOTE AMERICAN MUSIC

Promote cultural exchange

Program Services

DescriptionGrantsExpenses
PROMOTION OF AMERICAN MUSIC AND CULTURE IN THE CHICAGO AREA AND THROUGHOUT THE WORLD--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP SIMMONSPresidentPT$0--
JENNIFER SCHACKSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
American Music Festivals
EIN
36-4156315
Address
6035 N NORTHWEST HWY STE 304, CHICAGO, IL 60631

Signing Officer

Name
Philip Simmons
Title
President
Phone
2244562399
Signed
2024-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Michael Funk Tax and Accounting Inc
Address
6035 N Northwest Hwy Ste 304, Chicago, IL 60631
Preparer
Michael Funk
Phone
6303734051
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountmusic 131musicians 9,930insurance 105bank charges/interest 1,423government fees 4travel 5,364advertising and promotion 381equipment 4entertainment 413professional fees 200”

Description of total liabilities Part II line 26

“Category beginning of year end of yearcredit card payable 4,302 5,634”

Raw XML Appendix142 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0PHILIP SIMMONS
IRS990EZ/BooksInCareOfDetail/PhoneNum02244562399
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06035 N NORTHWEST HWY STE 304
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060631
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06078
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0389
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06968
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7021
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06078
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0389
IRS990EZ/GrossReceiptsAmt013920
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01776
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-5245
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01776
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-5245
IRS990EZ/OccupancyRentUtltsAndMaintAmt02986
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP SIMMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER SCHACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt017955
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE CULTURAL EXCHANGE
IRS990EZ/ProgramServiceRevenueAmt06952
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF AMERICAN MUSIC AND CULTURE IN THE CHICAGO AREA AND THROUGHOUT THE WORLD
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04302
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05634
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020941
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt013920
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015223
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04818
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05651
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt058146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt039861
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt098007
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt031813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt018238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt015318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018718
IRS990ScheduleA/Total509Grp/TotalAmt098007
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031813
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt018238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt015318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt018718
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt098007
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMUSIC 131MUSICIANS 9,930INSURANCE 105BANK CHARGES/INTEREST 1,423GOVERNMENT FEES 4TRAVEL 5,364ADVERTISING AND PROMOTION 381EQUIPMENT 4ENTERTAINMENT 413PROFESSIONAL FEES 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARCREDIT CARD PAYABLE 4,302 5,634
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP SIMMONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02244562399
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN MUSIC FESTIVALS
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0364156315
ReturnHeader/Filer/USAddress/AddressLine1Txt06035 N NORTHWEST HWY STE 304
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060631
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874618539
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael Funk Tax and Accounting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06035 N Northwest Hwy Ste 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060631
ReturnHeader/PreparerPersonGrp/PhoneNum06303734051
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Funk
ReturnHeader/ReturnTs02024-06-07T17:33:06-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMMONS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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