Civic Intelligence

Mt. Vernon Festivals Inc.

990EZ • Fiscal year 2015 • EIN 45-5380442

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$24,910

Up $4,771 (+24%) from 2014

Net Assets

Up

$24,910

Up $4,771 (+24%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$13,345

Down $6,837 (-34%) from 2014

Expenses

Down

$8,574

Down $4,320 (-34%) from 2014

Net Income

Down

$4,771

Down $2,517 (-35%) from 2014

Historical Trend

Balance Sheet Trend

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

2015

Assets$24,910
Liabilities-
Net Assets$24,910

Operations Trend

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

2015

Revenue$13,345
Expenses$8,574
Net Income$4,771
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$57,730
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.$44,385-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON HULBERTPresident-$0--
LISA DAMRONVice President-$0--
RACHEL HUNSELLSecretary-$0--
ANGELA SCHRUMTreasurer/Direc-$0--
REX CUSAMANODirector-$0--
CRYSTAL WEBSTERDirector-$0--
ANDY RAINSDirector-$0--
VERNER EARLS JRDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mt. Vernon Fall Festival$34,950$10,075$8,862$1,213
FRIDAY'S FOOD & ART$12,713$3,713$1,509$2,204
Total Events$57,730$23,825$44,385$-20,560
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
Angela Schrum
Title
Treasurer/Direc
Signed
2016-11-14
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 $128

Other Expenses.1012

Insurance $5182

Other Expenses.1

TAXES & LICENSES $2212

Other Expenses.2

SUPPLIES $1052

Raw XML Appendix190 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/BOYAmt020139
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024910
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt033905
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04771
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020139
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024910
IRS990EZ/FundraisingGrossIncomeAmt023825
IRS990EZ/GrossReceiptsAmt057730
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020139
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024910
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020139
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024910
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JASON HULBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LISA DAMRON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RACHEL HUNSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANGELA SCHRUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4REX CUSAMANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CRYSTAL WEBSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANDY RAINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7VERNER EARLS JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer/Direc
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08574
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/GrantsAndAllocationsAmt044385
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt044385
IRS990EZ/SpecialEventsNetIncomeLossAmt0-20560
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08574
IRS990EZ/TotalProgramServiceExpensesAmt044385
IRS990EZ/TotalRevenueAmt013345
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.mtvernonfallfest.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt049801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0192451
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0192451
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049801
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0192451
IRS990ScheduleA/TotalSupportAmt0192451
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/CashPrizesEvent1Amt04183
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt04183
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt033905
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt024875
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt09000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt030
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044385
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07975
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt03200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt0975
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt012150
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MT. VERNON FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FRIDAY'S FOOD & ART
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03158
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0443
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03601
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt034950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012713
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010067
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057730
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03713
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023825
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-20560
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0425
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010796
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08862
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01509
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt013655
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt013655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $5182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAXES & LICENSES $2212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES $1052
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELA SCHRUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer/Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
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/ReturnTs02016-11-14T13:46:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings