Civic Intelligence

Chelsea Area Festivals & Events

990EZ • Fiscal year 2017 • EIN 45-3727723

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

222 South Main StreetChelsea, MI 48118

(734) 474-9178

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

59th percentile

7.7%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

59th percentile

7.9%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

-5.0%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$142,691

Up $10,444 (+7.9%) from 2016

Net Assets

Up

$142,691

Up $10,444 (+7.9%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$136,059

Down $7,208 (-5.0%) from 2016

Expenses

Up

$125,615

Up $5,181 (+4.3%) from 2016

Net Income

Down

$10,444

Down $12,389 (-54%) from 2016

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: $91,198Liabilities 2014: $02014Assets 2015: $109,414Liabilities 2015: $0Net Assets 2015: $109,4142015Assets 2016: $132,247Liabilities 2016: $0Net Assets 2016: $132,2472016Assets 2017: $142,691Liabilities 2017: $0Net Assets 2017: $142,6912017Assets 2018: $144,791Liabilities 2018: $0Net Assets 2018: $144,7912018Assets 2019: $149,242Liabilities 2019: $0Net Assets 2019: $149,2422019Assets 2020: $158,276Liabilities 2020: $0Net Assets 2020: $158,2762020Assets 2021: $101,074Liabilities 2021: $0Net Assets 2021: $101,0742021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$142,691
Liabilities$0
Net Assets$142,691

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $115,186Expenses 2014: $109,035Net Income 2014: $6,1512014Revenue 2015: $130,156Expenses 2015: $111,690Net Income 2015: $18,4662015Revenue 2016: $143,267Expenses 2016: $120,434Net Income 2016: $22,8332016Revenue 2017: $136,059Expenses 2017: $125,615Net Income 2017: $10,4442017Revenue 2018: $163,957Expenses 2018: $160,802Net Income 2018: $3,1552018Revenue 2019: $184,109Expenses 2019: $179,658Net Income 2019: $4,4512019Revenue 2020: $77,255Expenses 2020: $66,878Net Income 2020: $10,3772020Revenue 2021: $26,700Expenses 2021: $80,052Net Income 2021: -$53,3522021Revenue 2022: $13,352Expenses 2022: $111,821Net Income 2022: -$98,4692022

Highlighted filing

2017

Revenue$136,059
Expenses$125,615
Net Income$10,444
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.2
Gross Receipts
$145,282
Mission and Program Overview

Mission

To cultivate and enrich a robust cultural presence throughout the community by providing an eclectic mix of performances, festivals, and events.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$121,583
See Schedule O-$2,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig CommonPresident-$0--
Robert PierceSecretaryPT$0--
Gary MunceVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival Ent$30,201$30,201$8,010$22,191
Total Events$30,201$30,201$8,010$22,191
Filing and Contact Details

Filer

Filer Name
Chelsea Area Festivals & Events
EIN
45-3727723
Address
222 South Main Street, Chelsea, MI 48118

Signing Officer

Name
Robert Pierce
Title
Secretary
Phone
7344749178
Signed
2018-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Stoker Tax & Accounting LLC
Address
PO Box 445 219 E Michigan Ave, Grass Lake, MI 49240
Preparer
Duane Stoker EA
Phone
5175136065
Supplemental Narrative

Additional Explanations

General explanation attachment

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 Thrusday 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 publick 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 Hometown Holidays, a three-day hoiiday festival held the first weekend in December. this community event celebrates the hoiday season and consists of a variety of entertainment and activities for all ages. Some of the activitites include musical performances, an art show, a light parade, cookie decorating, craft projects and storytelling. Approximately 5,000 people attend this event.

Description of other revenue Part I line 8

Description AmountMiscellaneous 4,942

Description of other expenses Part I line 16

Description AmountMarketing 17,747Marketing - SSF 7,189Webdesign 2,887Chalk Art 1,979VIP Tent 346Supplies 3,547Art Market 2,091Credit Card Fees 269Telephone/Internet 338Signage 273Rental 10,689KidZone Expenses 3,142Aerial Sound 4,250Miscellaneous 2,068Postage/Delivery 224Car Show 1,077Insurance 3,076HTH Expense 2,361

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 2,850 4,463Prepaid Exp. and Def. Charges 95 95

Raw XML Appendix161 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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IRS990EZ/BooksInCareOfDetail/PersonNm0Robert Pierce
IRS990EZ/BooksInCareOfDetail/PhoneNum07344749178
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 South Main Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chelsea
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048118
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Gary Munce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt09223
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 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 Thrusday 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 publick 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 Hometown Holidays, a three-day hoiiday festival held the first weekend in December. this community event celebrates the hoiday season and consists of a variety of entertainment and activities for all ages. Some of the activitites include musical performances, an art show, a light parade, cookie decorating, craft projects and storytelling. Approximately 5,000 people attend this event.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMiscellaneous 4,942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountMarketing 17,747Marketing - SSF 7,189Webdesign 2,887Chalk Art 1,979VIP Tent 346Supplies 3,547Art Market 2,091Credit Card Fees 269Telephone/Internet 338Signage 273Rental 10,689KidZone Expenses 3,142Aerial Sound 4,250Miscellaneous 2,068Postage/Delivery 224Car Show 1,077Insurance 3,076HTH Expense 2,361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccounts Receivable 2,850 4,463Prepaid Exp. and Def. Charges 95 95
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Pierce
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum07344749178
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Chelsea Area Festivals & Events
ReturnHeader/Filer/BusinessNameControlTxt0CHEL
ReturnHeader/Filer/EIN0453727723
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 South Main Street
ReturnHeader/Filer/USAddress/CityNm0Chelsea
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048118
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.107.69.201
ReturnHeader/FilingSecurityInformation/IPDt02018-05-09
ReturnHeader/FilingSecurityInformation/IPTm018:24:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461476154
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stoker Tax & Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 445 219 E Michigan Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Grass Lake
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049240
ReturnHeader/PreparerPersonGrp/PhoneNum05175136065
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Duane Stoker EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-09T18:22:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings