Civic Intelligence

Mt. Vernon Festivals Inc.

990EZ • Fiscal year 2014 • EIN 45-5380442

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 27, 2015

Organization Profilewww.mtvernonfallfest.com
PO Box 1708Mount Vernon, IL 62864

(618) 242-3151

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-23%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$20,139

Up $7,288 (+57%) from 2013

Net Assets

$20,139

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin87th percentile

Revenue

Down

$20,182

Down $6,063 (-23%) from 2013

Expenses

Down

$12,894

Down $2,136 (-14%) from 2013

Net Income

Down

$7,288

Down $3,927 (-35%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$80K$60K$40K$20K$0Assets 2013: $12,851Liabilities 2013: $02013Assets 2014: $20,139Net Assets 2014: $20,1392014Assets 2015: $24,910Net Assets 2015: $24,9102015Assets 2016: $2,898Liabilities 2016: $02016Assets 2017: $8,894Liabilities 2017: $5,308Net Assets 2017: $3,5862017Assets 2018: $12,013Liabilities 2018: $125Net Assets 2018: $11,8882018Assets 2019: $33,694Liabilities 2019: $64Net Assets 2019: $33,6302019Assets 2020: $38,504Liabilities 2020: $196Net Assets 2020: $38,3082020Assets 2021: $66,624Net Assets 2021: $66,6242021Assets 2022: $58,574Net Assets 2022: $58,5742022Assets 2023: $25,441Liabilities 2023: $02023Assets 2024: $8,451Net Assets 2024: $8,4512024

Highlighted filing

2014

Assets$20,139
Liabilities-
Net Assets$20,139
Open 2014 Filing

Operations Trend

Revenue Growth20th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $26,245Expenses 2013: $15,030Net Income 2013: $11,2152013Revenue 2014: $20,182Expenses 2014: $12,894Net Income 2014: $7,2882014Revenue 2015: $13,345Expenses 2015: $8,574Net Income 2015: $4,7712015Revenue 2016: -$14,757Expenses 2016: $7,255Net Income 2016: -$22,0122016Revenue 2017: $8,421Expenses 2017: $7,733Net Income 2017: $6882017Revenue 2018: $12,129Expenses 2018: $5,008Net Income 2018: $7,1212018Revenue 2019: $26,162Expenses 2019: $4,420Net Income 2019: $21,7422019Revenue 2020: $10,453Expenses 2020: $5,775Net Income 2020: $4,6782020Revenue 2021: $31,972Expenses 2021: $3,656Net Income 2021: $28,3162021Revenue 2022: $92,665Expenses 2022: $100,715Net Income 2022: -$8,0502022Revenue 2023: $106,383Expenses 2023: $139,516Net Income 2023: -$33,1332023Revenue 2024: $112,174Expenses 2024: $129,164Net Income 2024: -$16,9902024

Highlighted filing

2014

Revenue$20,182
Expenses$12,894
Net Income$7,288
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 27, 2015
Return Version
2014v5.0
Gross Receipts
$79,889
Mission and Program Overview

Mission

Celebrating creativity through a series of festivals, mt. Vernon festivals, inc. Will organize and operate the best festivals in the country in order to earn and maintain mt. Vernon's festival arts city reputation. Mt. Vernon's festivals will be known for embracing the extraordinary and providing creativity with a twist in mt. Vernon, illinois where creativity is constantly being redefined.

Program Services

DescriptionGrantsExpenses
ORGANIZE AND OPERATE THE BEST FESTIVALS IN THE COUNTRY IN ORDER TO EARN AND MAINTAIN MT. VERNON'S FESTIVAL ARTS CITY REPUTATION.$59,707-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGELA SCHRUMPresident-$0--
SARAH SLEDGEVice President-$0--
SHEILA SCRIVNERSecretary-$0--
BONNIE JERDONTreasurer/Direc-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mt. Vernon Fall Festival$63,393$13,460$11,629$1,831
Flea Market$14,271$9,926$3,511$6,415
Total Events$77,664$23,386$58,822$-35,436
Filing and Contact Details

Filer

Filer Name
Mt Vernon Festivals Inc
EIN
45-5380442
Phone
6182423151
Address
PO BOX 1708, MOUNT VERNON, IL 62864

Signing Officer

Name
Bonnie Jerdon
Title
Treasurer/Direc
Signed
2015-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Krehbiel & Associates LLC
Address
125 N 11th St PO Box 846, Mount Vernon, IL 62864-0017
Preparer
Joshua Esser
Phone
6182442666
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $337”

Other Expenses.1012

“Insurance $5912”

Other Expenses.1

“SUPPLIES $6090”

Other Expenses.2

“DUES & MEMBERSHIPS $515”

Other Expenses.3

“TAXES & LICENSES $40”

Raw XML Appendix169 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BONNIE JERDON
IRS990EZ/BooksInCareOfDetail/PhoneNum06182423151
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1708
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOUNT VERNON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062864
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012851
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020139
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IRS990EZ/ContributionsGiftsGrantsEtcAmt056028
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07288
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012851
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020139
IRS990EZ/FundraisingGrossIncomeAmt023861
IRS990EZ/GrossReceiptsAmt079889
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012851
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020139
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012851
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020139
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANGELA SCHRUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SARAH SLEDGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHEILA SCRIVNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BONNIE JERDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer/Direc
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012894
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CELEBRATING CREATIVITY THROUGH A SERIES OF FESTIVALS, MT. VERNON FESTIVALS, INC. WILL ORGANIZE AND OPERATE THE BEST FESTIVALS IN THE COUNTRY IN ORDER TO EARN AND MAINTAIN MT. VERNON'S FESTIVAL ARTS CITY REPUTATION. MT. VERNON'S FESTIVALS WILL BE KNOWN FOR EMBRACING THE EXTRAORDINARY AND PROVIDING CREATIVITY WITH A TWIST IN MT. VERNON, ILLINOIS WHERE CREATIVITY IS CONSTANTLY BEING REDEFINED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZE AND OPERATE THE BEST FESTIVALS IN THE COUNTRY IN ORDER TO EARN AND MAINTAIN MT. VERNON'S FESTIVAL ARTS CITY REPUTATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt059707
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt059707
IRS990EZ/SpecialEventsNetIncomeLossAmt0-35846
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012894
IRS990EZ/TotalProgramServiceExpensesAmt059707
IRS990EZ/TotalRevenueAmt020182
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.mtvernonfallfest.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0158546
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0158546
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049801
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0158546
IRS990ScheduleA/TotalSupportAmt0158546
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt04100
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt04100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt054278
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt049933
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04345
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058822
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt023375
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0475
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt023850
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MT. VERNON FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FLEA MARKET
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02358
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0114
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02472
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt063393
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014271
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt077664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013460
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09926
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023386
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-35436
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015140
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011629
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03511
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt012210
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01050
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt013260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $5912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES $6090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUES & MEMBERSHIPS $515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAXES & LICENSES $40
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE JERDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer/Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MT VERNON FESTIVALS INC
ReturnHeader/Filer/BusinessNameControlTxt0MTVE
ReturnHeader/Filer/EIN0455380442
ReturnHeader/Filer/PhoneNum06182423151
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1708
ReturnHeader/Filer/USAddress/CityNm0MOUNT VERNON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062864
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Krehbiel & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 N 11th St PO Box 846
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Vernon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0628640017
ReturnHeader/PreparerPersonGrp/PhoneNum06182442666
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joshua Esser
ReturnHeader/ReturnTs02015-10-27T12:28:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,139
Liabilities
-
Net assets
$20,139
Revenue
$20,182
Expenses
$12,894
Net income
$7,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.12$1.29$0.17
2023Summary only. Only limited summary data is available for this year.$0.25$0.00$1.06$1.40$0.33
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.93$1.01$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.32$0.04$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.38$0.10$0.06$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$0.26$0.04$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.12$0.05$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.05$0.04$0.08$0.08$0.01
2016Summary only. Only limited summary data is available for this year.$0.03$0.00$0.15$0.07$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.13$0.09$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.20$0.13$0.07
2013Summary only. Only limited summary data is available for this year.$0.13$0.00$0.26$0.15$0.11