Civic Intelligence

Aiken Bluegrass Festival

EIN 55-0898452 • 501(c)3 • Aiken, SC

Profile

Produce Annual Music Festival Festival Held May 2018

908 Grace AveAiken, SC 29801

www.loveabf.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

63rd percentile

9.5%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

89th percentile

68%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

86%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$54,231

Up $21,900 (+68%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

$54,231

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin63rd percentile

Revenue

Up

$230,945

Up $106,472 (+86%) from 2017

Expenses

Up

$209,045

Up $75,192 (+56%) from 2017

Net Income

Up

$21,900

Up $31,280 (+333%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2012: $2,937Liabilities 2012: $02012Assets 2013: $27,323Liabilities 2013: $02013Assets 2014: $25,681Liabilities 2014: $02014Assets 2015: $29,754Liabilities 2015: $02015Assets 2016: $41,712Liabilities 2016: $02016Assets 2017: $32,331Liabilities 2017: $02017Assets 2018: $54,231Liabilities 2018: $0Net Assets 2018: $54,2312018

Highlighted filing

2018

Assets$54,231
Liabilities$0
Net Assets$54,231
Open 2018 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $7,226Expenses 2012: $0Net Income 2012: $7,2262012Revenue 2013: $49,386Expenses 2013: $0Net Income 2013: $49,3862013Revenue 2014: $125,431Expenses 2014: $127,072Net Income 2014: -$1,6412014Revenue 2015: $156,437Expenses 2015: $152,364Net Income 2015: $4,0732015Revenue 2016: $153,958Expenses 2016: $142,000Net Income 2016: $11,9582016Revenue 2017: $124,473Expenses 2017: $133,853Net Income 2017: -$9,3802017Revenue 2018: $230,945Expenses 2018: $209,045Net Income 2018: $21,9002018

Highlighted filing

2018

Revenue$230,945
Expenses$209,045
Net Income$21,900
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,231
Liabilities
$0
Net assets
$54,231
Revenue
$230,945
Expenses
$209,045
Net income
$21,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$2.31$2.09$0.22
2017Summary only. Only limited summary data is available for this year.$0.32$0.00$1.24$1.34$0.09
2016Summary only. Only limited summary data is available for this year.$0.42$0.00$1.54$1.42$0.12
2015Summary only. Only limited summary data is available for this year.$0.30$0.00$1.56$1.52$0.04
2014Summary only. Only limited summary data is available for this year.$0.26$0.00$1.25$1.27$0.02
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.49$0.00$0.49
2012Summary only. Only limited summary data is available for this year.$0.03$0.00$0.07$0.00$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$230,945
Mission and Program Overview

Mission

Produce Annual Music Festival Festival Held May 2018

Annual Music Festival

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$32,331$54,231▲ $21,900
Cap Stk Tr Prin Current Funds$32,331$54,231▲ $21,900
Total Assets$32,331$54,231▲ $21,900
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$32,331$54,231▲ $21,900
Total Liabilities and Net Assets / Fund Balance$32,331$54,231▲ $21,900
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Christian SchaumannPresident
Avery HammettSecretary
Thomas H HuffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,000
Program Service Revenue
$204,945
Investment Income
$0
Other Revenue
$0
All Other Contributions
$26,000
Change in Net Assets
$21,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,045
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$209,045--$209,045
Total Functional Expenses$209,045$0$0$209,045
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“provided by e-mail prior to filing”

Part VI Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Aiken Bluegrass Festival
EIN
55-0898452
In Care Of
% Thomas Huff
Phone
8036435640
Address
908 Grace Ave, Aiken, SC 29801

Signing Officer

Name
Thomas Huff
Title
Treasurer
Phone
8036455536
Signed
2019-11-15

Organization Details

Principal Officer
Christian Schaumann
Formed
2008
Legal Domicile
Sc
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Part IX Line 11G

“Festival Expenses Total expenses - $209045.00 Program service expenses - $209045.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”

VI A 2

“President is brother in law of Secretary”

Raw XML Appendix262 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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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/Filer/EIN0550898452
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ReturnHeader/Filer/PhoneNum08036435640
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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