Civic Intelligence

Mcdowell Mountain Music Festival Inc

EIN 68-0570400 • 501(c)3 • Phoenix, AZ

Profile

Organizing and/or promoting music festivals, concerts, and similar music appreciation activities among family members and music's role in the creation and definition of arizona's culture and education.

9440 North 26th Street 100Phoenix, AZ 85028

www.mmmf.net

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

24th percentile

-8.1%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

2.1%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,406,760

Down $237,637 (-14%) from 2022

Liabilities

Up

$68,495

Up $54,050 (+374%) from 2022

Net Assets

Down

$1,338,265

Down $291,687 (-18%) from 2022

Revenue

Up

$3,584,020

Up $75,238 (+2.1%) from 2022

Expenses

Up

$3,875,707

Up $291,337 (+8.1%) from 2022

Net Income

Down

-$291,687

Down $216,099 (-286%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $8,961Liabilities 2011: $24,689Net Assets 2011: -$15,7282011Assets 2012: $6,400Liabilities 2012: $25,969Net Assets 2012: -$19,5692012Assets 2013: $16,233Liabilities 2013: $2,901Net Assets 2013: $13,3322013Assets 2014: $139,460Liabilities 2014: $166,180Net Assets 2014: -$26,7202014Assets 2015: $13,569Liabilities 2015: $552,276Net Assets 2015: -$538,7072015Assets 2016: $221,339Liabilities 2016: $197,482Net Assets 2016: $23,8572016Assets 2017: $509,206Liabilities 2017: $105,427Net Assets 2017: $403,7792017Assets 2018: $820,073Liabilities 2018: $446,143Net Assets 2018: $373,9302018Assets 2019: $1,290,317Liabilities 2019: $313,423Net Assets 2019: $976,8942019Assets 2020: $905,233Liabilities 2020: $41,551Net Assets 2020: $863,6822020Assets 2021: $1,908,485Liabilities 2021: $202,945Net Assets 2021: $1,705,5402021Assets 2022: $1,644,397Liabilities 2022: $14,445Net Assets 2022: $1,629,9522022Assets 2023: $1,406,760Liabilities 2023: $68,495Net Assets 2023: $1,338,2652023

Highlighted filing

2023

Assets$1,406,760
Liabilities$68,495
Net Assets$1,338,265

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $321,322Expenses 2011: $297,196Net Income 2011: $24,1262011Revenue 2012: $437,498Expenses 2012: $441,339Net Income 2012: -$3,8412012Revenue 2013: $746,489Expenses 2013: $713,588Net Income 2013: $32,9012013Revenue 2014: $836,371Expenses 2014: $876,423Net Income 2014: -$40,0522014Revenue 2015: $1,233,534Expenses 2015: $1,745,521Net Income 2015: -$511,9872015Revenue 2016: $1,681,627Expenses 2016: $1,119,063Net Income 2016: $562,5642016Revenue 2017: $1,809,166Expenses 2017: $1,429,244Net Income 2017: $379,9222017Revenue 2018: $1,570,260Expenses 2018: $1,600,109Net Income 2018: -$29,8492018Revenue 2019: $2,597,055Expenses 2019: $1,994,091Net Income 2019: $602,9642019Revenue 2020: $2,325,085Expenses 2020: $2,465,535Net Income 2020: -$140,4502020Revenue 2021: $1,314,025Expenses 2021: $472,167Net Income 2021: $841,8582021Revenue 2022: $3,508,782Expenses 2022: $3,584,370Net Income 2022: -$75,5882022Revenue 2023: $3,584,020Expenses 2023: $3,875,707Net Income 2023: -$291,6872023

Highlighted filing

2023

Revenue$3,584,020
Expenses$3,875,707
Net Income-$291,687

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 26, 2024
Return Version
2023v5.1
Gross Receipts
$3,584,020
Mission and Program Overview

Mission

Organizing and/or promoting music festivals, concerts, and similar music appreciation activities among family members and music's role in the creation and definition of arizona's culture and education.

Organizing and promoting music festivals, concerts, and similar music appreciation activities among family members, and promoting music's role in the creation and definition of arizona's culture and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,644,397$1,406,760▼ $237,637
Rtn Earn Endowment Incm Other Fnds$1,629,952$1,338,265▼ $291,687
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,644,397$1,406,760▼ $237,637
Liabilities
Accounts Payable and Accrued Expenses$803$56,353▲ $55,550
Other Liabilities$13,642$12,142▼ $1,500
Total Liabilities$14,445$68,495▲ $54,050
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,629,952$1,338,265▼ $291,687
Total Liabilities and Net Assets / Fund Balance$1,644,397$1,406,760▼ $237,637
Compensation and Service Providers

Board Members and Trustees

NameTitle
R John LargayPresident
Garrett a NyboVice President/secretary
David HrehaChief Financial Officer
Cathy a LargayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Oh Wow LLCVideo Production1036 FERWOOD PACIFIC DR, Topanga, CA 90290$351,062
Revenue and Support

Revenue Composition

Contributions and Grants
$2,520,540
Program Service Revenue
$1,051,275
Investment Income
$7,205
Other Revenue
$5,000
All Other Contributions
$2,520,540
Change in Net Assets
$-291,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,183,707
Grants and Similar Amounts Paid$692,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$692,000--$692,000
Advertising$366,385$40,709-$407,094
All Other Expenses$257,054--$257,054
Other Expenses$180,681--$180,681
Travel$28,146$1,152-$29,298
Fees for Services Accounting-$26,000-$26,000
Office Expenses$10,440$8,771-$19,211
Fees for Services Other$5,803--$5,803
Insurance$1,984$496-$2,480
Total Functional Expenses$3,798,579$77,128$0$3,875,707
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Habitat for HumanityFlagstaff, AZ501(c)3Community$100,000
PHOENIX CHILDREN'S HOSPITAL FOUNDATIONPhoenix, AZ501(c)3Community$100,000
Cowtown SkateTempe, AZ501(c)3Community$82,500
Leukemia & Lymphoma Society IncBrooklyn, NY501(c)3Community$75,000
Artlink IncPhoenix, AZ501(c)3Arts$27,500
Junior Achievement of Arizona IncTempe, AZ501(c)3Education$25,000
Circle the CityBelfast, ME501(c)3Community$20,000
Teen LifelinePhoenix, AZ501(c)3Community$20,000
Saving Amy IncPhoenix, AZ501(c)3Community$18,000
Free Arts for Abused Children of ArizonaPhoenix, AZ501(c)3Community$15,000
ST MARY'S FOOD BANK ALLIANCEPhoenix, AZ501(c)3Community$15,000
Roosevelt Row Community Developemt CorpPhoenix, AZ501(c)3Community$12,000
Big Brothers Big Sisters of FlagstaffFlagstaff, AZ501(c)3Community$10,000
Cancer Support Community - ArizonaPhoenix, AZ501(c)3Community$10,000
Child Crisis ArizonaMesa, AZ501(c)3Community$10,000
Cultural CoalitionMesa, AZ501(c)3Community$10,000
Hospice of the ValleyPhoenix, AZ501(c)3Community$10,000
Kitchen on the Street IncPhoenix, AZ501(c)3Community$10,000
Mcdowell Sonoran ConservancyScottsdale, AZ501(c)3Environment$10,000
Mentorkids USAScottsdale, AZ501(c)3Education$10,000
St Vincent De PaulPhoenix, AZ501(c)3Community$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,000
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Redmond Largay - Oh Wow LLCSon of John LargayTalent ServicesNo$351,062
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$12,142
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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

Form 990, Part VI, Section A, Line 2

R. John largay and cathy largay are married.

Form 990, Part VI, Section A, Line 6

Per the articles of incorporation, the organization shall have members and the qualifications and classes of members shall be set forth in the bylaws.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board prior to being filed.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

The organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Mcdowell Mountain Music Festival Inc
EIN
68-0570400
Phone
6029561323
Address
9440 NORTH 26TH STREET 100, PHOENIX, AZ 85028

Signing Officer

Name
David Hreha
Title
Chief Financial Officer
Phone
6029561323
Signed
2024-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Largay Jr
Formed
2002
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
300

Preparer

Firm
Wallace Plese Dreher Llp
Address
500 N JUNIPER DRIVE SUITE 275, CHANDLER, AZ 85226
Preparer
Brandy Ritz CPA
Phone
4803450500
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7COMMUNITY
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12EDUCATION
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17COMMUNITY
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20COMMUNITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BIG BROTHERS BIG SISTERS OF FLAGSTAFF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CANCER SUPPORT COMMUNITY - ARIZONA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHILD CRISIS ARIZONA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CIRCLE THE CITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4COWTOWN SKATE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5CULTURAL COALITION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6FREE ARTS FOR ABUSED CHILDREN OF ARIZONA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HABITAT FOR HUMANITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HOSPICE OF THE VALLEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9JUNIOR ACHIEVEMENT OF ARIZONA INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10LEUKEMIA & LYMPHOMA SOCIETY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11MCDOWELL SONORAN CONSERVANCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12MENTORKIDS USA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13ARTLINK INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14PHOENIX CHILDREN'S HOSPITAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15ROOSEVELT ROW COMMUNITY DEVELOPEMT CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16SAVING AMY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17ST MARY'S FOOD BANK ALLIANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18ST VINCENT DE PAUL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19TEEN LIFELINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20KITCHEN ON THE STREET INC
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