Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 45-3727723 • 501(c)3 • Chelsea, MI
Profile
To cultivate and enrich a robust cultural presence throughout the community by providing an eclectic mix of performances, festivals, and events.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Assets
Down$0
Down $101,074 (-100%) from 2021
Liabilities
Flat$0
Flat from 2021
Net Assets
Down$0
Down $101,074 (-100%) from 2021
Revenue
Down$13,352
Down $13,348 (-50%) from 2021
Expenses
Up$111,821
Up $31,769 (+40%) from 2021
Net Income
Down-$98,469
Down $45,117 (-85%) from 2021
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
See Schedule O
| Description | Grants | Expenses |
|---|---|---|
| See Schedule O | - | $36,188 |
| See Schedule O | - | $19,466 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Craig Common | President | - | $0 | - | - |
| Robert Pierce | Secretary | PT | $0 | - | - |
| Gary Munce | Treasurer | - | $0 | - | - |
“Form 990-EZ, Part III - Primary Exempt PurposeTo Cultivate and enrich a robust cultural presence throughout the community by providing a eclectic mix of performances, festivals and events. Form 990-EX, Part III, Line 28- First Accomplishementthe organization coordinates eents throughout the year known as Sounds & sights on Thursday Nights, an eleven-week program throughout the summer, and Sounds & Sights Festival, a three-day arts, music and food festival. Sounds & Sights on Thursday Nights occurs frm mid-June through mid-August and offers a variety of music and entertainment throughout downtown Chelsea every Thursday night. Approximately 1,500 people attend each week. There is no charge to the public to attend this event; however, the performers are paid to entertain. The Sounds & Sights Festival is a three-day weekend event held the last weekend in July. This festival is a major fundraiser to support Sounds & Sights on Thursday Nights. The festival consists of music, and art market, entertainment and activities specific for children, a classic car show, food and more. Approximately 10,000 to 15,000 people attend this event. Form 990-EZ, Part III, Line 29 - Second AccomplishmentThe organization coordinates an event known as Sculpture Walk to bring free contemporary art to visitiors and Chelsea residents. This is an annual exhibit that has been a welcome addition to Chelsea that enhances and enables the cultral and artistic Chelsea City Brand.”
“Activity Scholarship Grantee Chelsea High School Street 740 N. Freer Rd City, State, Zip Chelsea, MI 48118Amount 1,000”
“Description AmountMarketing 9,868Marketing - SSF 10,437Webdesign 12,892Social Tent 9,584Supplies 2,825Art Market 2,555Credit Card Fees 2,188Telephone/Internet 69Rental 1,029KidZone Expenses 3,596Miscellaneous 4,792Car Show 749HTH Expense 2,770”
“Description AmountPrior Period Adjustment (2,605)”
“Category Beginning of Year End of YearAccounts Receivable 3,400 0Prepaid Exp. and Def. Charges 95 0Undeposited Funds 1,850 0”
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/PersonNm | 0 | Gary Munce |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7344749178 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 222 South Main Street |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Chelsea |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48118 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 95729 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 13352 |
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -98469 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 47467 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 101074 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 1000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 13352 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | Modified Cash |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 101074 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 101074 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Craig Common |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Robert Pierce |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Gary Munce |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
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| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5345 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -2605 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 63354 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | See Schedule O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | See Schedule O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | See Schedule O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 36188 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 19466 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 111821 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 55654 |
| IRS990EZ/TotalRevenueAmt | 0 | 13352 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | chelseafestivals.com |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 13352 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20050 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 59975 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127050 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 120128 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 340555 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98620 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 335866 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 4689 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 13352 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20050 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 59975 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127050 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 120128 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 340555 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 340555 |
| 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 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | true |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | Organization Dissolved operations |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2022-12-01 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | Book value |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Form 990-EZ, Part III - Primary Exempt PurposeTo Cultivate and enrich a robust cultural presence throughout the community by providing a eclectic mix of performances, festivals and events. Form 990-EX, Part III, Line 28- First Accomplishementthe organization coordinates eents throughout the year known as Sounds & sights on Thursday Nights, an eleven-week program throughout the summer, and Sounds & Sights Festival, a three-day arts, music and food festival. Sounds & Sights on Thursday Nights occurs frm mid-June through mid-August and offers a variety of music and entertainment throughout downtown Chelsea every Thursday night. Approximately 1,500 people attend each week. There is no charge to the public to attend this event; however, the performers are paid to entertain. The Sounds & Sights Festival is a three-day weekend event held the last weekend in July. This festival is a major fundraiser to support Sounds & Sights on Thursday Nights. The festival consists of music, and art market, entertainment and activities specific for children, a classic car show, food and more. Approximately 10,000 to 15,000 people attend this event. Form 990-EZ, Part III, Line 29 - Second AccomplishmentThe organization coordinates an event known as Sculpture Walk to bring free contemporary art to visitiors and Chelsea residents. This is an annual exhibit that has been a welcome addition to Chelsea that enhances and enables the cultral and artistic Chelsea City Brand. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Scholarship Grantee Chelsea High School Street 740 N. Freer Rd City, State, Zip Chelsea, MI 48118Amount 1,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountMarketing 9,868Marketing - SSF 10,437Webdesign 12,892Social Tent 9,584Supplies 2,825Art Market 2,555Credit Card Fees 2,188Telephone/Internet 69Rental 1,029KidZone Expenses 3,596Miscellaneous 4,792Car Show 749HTH Expense 2,770 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description AmountPrior Period Adjustment (2,605) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Category Beginning of Year End of YearAccounts Receivable 3,400 0Prepaid Exp. and Def. Charges 95 0Undeposited Funds 1,850 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of other assets Part II line 24 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Craig Common |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7344749178 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Chelsea Area Festivals & Events |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHEL |
| ReturnHeader/Filer/EIN | 0 | 453727723 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 222 South Main Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Chelsea |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48118 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461476154 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Stoker Tax & Accounting LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 445 219 E Michigan Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Grass Lake |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49240 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5175136065 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Duane Stoker EA |
| ReturnHeader/ReturnTs | 0 | 2023-05-03T17:22:11-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Craig |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Common |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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