Civic Intelligence

Waterfest Inc

990EZ • Fiscal year 2020 • EIN 39-1763649

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 08, 2021

Organization ProfileWWW.WATERFEST.ORG
120 Jackson StreetOshkosh, WI 54901

(920) 303-2266

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.48x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

64%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-97%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$37,712

Up $14,670 (+64%) from 2019

Net Assets

Up

$29,562

Up $6,520 (+28%) from 2019

Liabilities

Up

$8,150

Up $8,150 from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin88th percentile

Revenue

Down

$16,950

Down $511,110 (-97%) from 2019

Expenses

Down

$10,430

Down $512,804 (-98%) from 2019

Net Income

Up

$6,520

Up $1,694 (+35%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$400K$300K$200K$100K$0Assets 2011: $43,119Liabilities 2011: $1,100Net Assets 2011: $42,0192011Assets 2012: $37,579Liabilities 2012: $1,000Net Assets 2012: $36,5792012Assets 2013: $55,317Liabilities 2013: $33Net Assets 2013: $55,2842013Assets 2014: $116,028Liabilities 2014: $500Net Assets 2014: $115,5282014Assets 2015: $150,733Liabilities 2015: $8,324Net Assets 2015: $142,4092015Assets 2016: $133,275Liabilities 2016: $0Net Assets 2016: $133,2752016Assets 2017: $65,454Liabilities 2017: $5,000Net Assets 2017: $60,4542017Assets 2018: $19,512Liabilities 2018: $1,296Net Assets 2018: $18,2162018Assets 2019: $23,042Liabilities 2019: $0Net Assets 2019: $23,0422019Assets 2020: $37,712Liabilities 2020: $8,150Net Assets 2020: $29,5622020Assets 2021: $381,181Liabilities 2021: $0Net Assets 2021: $381,1812021Assets 2022: $370,870Liabilities 2022: $0Net Assets 2022: $370,8702022Assets 2023: $298,658Liabilities 2023: $29,253Net Assets 2023: $269,4052023Assets 2024: $47,049Liabilities 2024: $6,873Net Assets 2024: $40,1762024

Highlighted filing

2020

Assets$37,712
Liabilities$8,150
Net Assets$29,562
Open 2020 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $543,332Expenses 2011: $492,367Net Income 2011: $50,9652011Revenue 2012: $495,126Expenses 2012: $500,566Net Income 2012: -$5,4402012Revenue 2013: $387,893Expenses 2013: $369,188Net Income 2013: $18,7052013Revenue 2014: $582,710Expenses 2014: $522,466Net Income 2014: $60,2442014Revenue 2015: $694,133Expenses 2015: $667,252Net Income 2015: $26,8812015Revenue 2016: $804,408Expenses 2016: $813,542Net Income 2016: -$9,1342016Revenue 2017: $594,040Expenses 2017: $666,861Net Income 2017: -$72,8212017Revenue 2018: $575,417Expenses 2018: $617,655Net Income 2018: -$42,2382018Revenue 2019: $528,060Expenses 2019: $523,234Net Income 2019: $4,8262019Revenue 2020: $16,950Expenses 2020: $10,430Net Income 2020: $6,5202020Revenue 2021: $876,865Expenses 2021: $525,246Net Income 2021: $351,6192021Revenue 2022: $702,805Expenses 2022: $713,116Net Income 2022: -$10,3112022Revenue 2023: $750,040Expenses 2023: $851,505Net Income 2023: -$101,4652023Revenue 2024: $479,128Expenses 2024: $708,357Net Income 2024: -$229,2292024

Highlighted filing

2020

Revenue$16,950
Expenses$10,430
Net Income$6,520
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 8, 2021
Return Version
2020v4.0
Gross Receipts
$16,950
Mission and Program Overview

Mission

Promote and draw attention to downtown oshkosh.

Gross receipts less than $200,000 and total assets of less than $500,000 at the end of their tax year.

Program Services

DescriptionGrantsExpenses
THE OBJECTIVE OF THE ORGANIZATION IS TO PROMOTE AND DRAW ATTENTION TO THE DOWNTOWN AREA OF OSHKOSH BY HIRING BANDS TO PERFORM CONCERTS AT THE LEACH AMPHITHEATER. THE ACTIVITY IS OPEN TO THE PUBLIC. A NOMINAL FEE IS CHARGED FOR ADULTS. THE WATERFEST PROGRAM RUNS FOR APPROXIMATELY 8 EVENINGS DURING SUMMER MONTHS. THE ESTIMATED ATTENDANCE FOR THE SUMMER ACTIVITY IS 30,000 TO 35,000. THE ORGANIZATION OBTAINS SPONSORSHIP FEES FROM AREA BUSINESSES AS A MEANS OF FINANCIAL SUPPORT. ALSO, THE ORGANIZATION RECEIVES ROYALTIES FROM OTHER NONPROFIT ORGANIZATIONS THAT RUN CONCESSION STANDS AT THE CONCERTS.$0$10,430
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL P DEMPSEYPresidentPT$0--
CHARLES J HERTELVice President-$0--
JOHN CASPERTreasurerPT$0--
ROBERT KLEMANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Waterfest Inc
EIN
39-1763649
Phone
9203032266
Address
120 JACKSON STREET, OSHKOSH, WI 54901

Signing Officer

Name
John Casper
Title
Treasurer
Phone
9203032266
Signed
2021-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly US Llp
Address
2201 E ENTERPRISE AVE, APPLETON, WI 54912-2459
Preparer
John D Krause CPA
Phone
9207337385
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: concession expense. Amount: 3,167. Description: advertising. Amount: 150. Description: bank fees. Amount: 1,256. Description: miscellaneous. Amount: 239. Description: fund raiser band. Amount: 5,000. Total to form 990-ez, line 16: 9,812.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 500. End of year amount: 15,500.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: advanced sponsorships. Beg. Of year amount: 0. End of year amount: 8,150.”

Raw XML Appendix122 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN CASPER
IRS990EZ/BooksInCareOfDetail/PhoneNum09203032266
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 JACKSON ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OSHKOSH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd054901
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022542
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022212
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06520
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023042
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037712
IRS990EZ/GrossReceiptsAmt016950
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023042
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029562
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023042
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029562
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL P DEMPSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLES J HERTEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN CASPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT KLEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt015500
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09812
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GROSS RECEIPTS LESS THAN $200,000 AND TOTAL ASSETS OF LESS THAN $500,000 AT THE END OF THEIR TAX YEAR.
IRS990EZ/PrintingPublicationsPostageAmt0618
IRS990EZ/ProgramServiceRevenueAmt016950
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE OBJECTIVE OF THE ORGANIZATION IS TO PROMOTE AND DRAW ATTENTION TO THE DOWNTOWN AREA OF OSHKOSH BY HIRING BANDS TO PERFORM CONCERTS AT THE LEACH AMPHITHEATER. THE ACTIVITY IS OPEN TO THE PUBLIC. A NOMINAL FEE IS CHARGED FOR ADULTS. THE WATERFEST PROGRAM RUNS FOR APPROXIMATELY 8 EVENINGS DURING SUMMER MONTHS. THE ESTIMATED ATTENDANCE FOR THE SUMMER ACTIVITY IS 30,000 TO 35,000. THE ORGANIZATION OBTAINS SPONSORSHIP FEES FROM AREA BUSINESSES AS A MEANS OF FINANCIAL SUPPORT. ALSO, THE ORGANIZATION RECEIVES ROYALTIES FROM OTHER NONPROFIT ORGANIZATIONS THAT RUN CONCESSION STANDS AT THE CONCERTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010430
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08150
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010430
IRS990EZ/TotalProgramServiceExpensesAmt010430
IRS990EZ/TotalRevenueAmt016950
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WATERFEST.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CONCESSION EXPENSE. AMOUNT: 3,167. DESCRIPTION: ADVERTISING. AMOUNT: 150. DESCRIPTION: BANK FEES. AMOUNT: 1,256. DESCRIPTION: MISCELLANEOUS. AMOUNT: 239. DESCRIPTION: FUND RAISER BAND. AMOUNT: 5,000. TOTAL TO FORM 990-EZ, LINE 16: 9,812.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 15,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVANCED SPONSORSHIPS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN CASPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09203032266
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERFEST INC
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0391763649
ReturnHeader/Filer/PhoneNum09203032266
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 JACKSON STREET
ReturnHeader/Filer/USAddress/CityNm0OSHKOSH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02201 E ENTERPRISE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0APPLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0549122459
ReturnHeader/PreparerPersonGrp/PhoneNum09207337385
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN D KRAUSE CPA
ReturnHeader/ReturnTs02021-02-15T11:16:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CASPER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,712
Liabilities
$8,150
Net assets
$29,562
Revenue
$16,950
Expenses
$10,430
Net income
$6,520
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.07$0.40$4.79$7.08$2.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.29$2.69$7.50$8.52$1.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.00$3.71$7.03$7.13$0.10
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.81$0.00$3.81$8.77$5.25$3.52
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.30$0.17$0.10$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$5.28$5.23$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.01$0.18$5.75$6.18$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.05$0.60$5.94$6.67$0.73
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$8.04$8.14$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.08$1.42$6.94$6.67$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.01$1.16$5.83$5.22$0.60
2013Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$3.88$3.69$0.19
2012Summary only. Only limited summary data is available for this year.$0.38$0.01$0.37$4.95$5.01$0.05
2011Summary only. Only limited summary data is available for this year.$0.43$0.01$0.42$5.43$4.92$0.51