Civic Intelligence

World Folkfest Inc.

EIN 74-2566696 • 501(c)3 • Provo, UT

RevokedPub. 78 Eligible990-N CoverageNTEE A62

Profile

The mission of the World Folk Fest is to further promote the art of dance and to preserve culture and heritage from around the world.We currently host a dance festival where we give a venue for domestic and international artists can showcase their work and promote connection and networking with other artists from around the world.

Revocation date: May 15, 2022

1095 S 1100 WProvo, UT 84601

worldfolkfest.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2023

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.

NTEE A62 • <$500k nonprofits • Source year 2023

Asset Growth

82nd percentile

74%

Faster asset growth than 82% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$78,557

Up $33,319 (+74%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$78,557

Up $33,319 (+74%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Up

$99,973

Up $2,909 (+3.0%) from 2022

Expenses

Down

$66,654

Down $5,686 (-7.9%) from 2022

Net Income

Up

$33,319

Up $8,595 (+35%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$80K$60K$40K$20K$0Assets 2022: $45,238Net Assets 2022: $45,2382022Assets 2023: $78,557Net Assets 2023: $78,5572023

Highlighted filing

2023

Assets$78,557
Liabilities-
Net Assets$78,557
Open 2023 Filing

Operations Trend

Revenue Growth48th percentile

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

$100K$50K$0Revenue 2022: $97,064Expenses 2022: $72,340Net Income 2022: $24,7242022Revenue 2023: $99,973Expenses 2023: $66,654Net Income 2023: $33,3192023

Highlighted filing

2023

Revenue$99,973
Expenses$66,654
Net Income$33,319
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,557
Liabilities
-
Net assets
$78,557
Revenue
$99,973
Expenses
$66,654
Net income
$33,319
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$78.6$78.6$100.0$66.7$33.3
2022Detailed filing. Detailed filing data is available for this year.$45.2$45.2$97.1$72.3$24.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 17, 2025
Return Version
2023v6.0
Gross Receipts
$99,973
Mission and Program Overview

Mission

The mission of the World Folk Fest is to further promote the art of dance and to preserve culture and heritage from around the world.We currently host a dance festival where we give a venue for domestic and international artists can showcase their work and promote connection and networking with other artists from around the world.

Program Services

DescriptionGrantsExpenses
We host the largest international folk dance festival in the US. The summer of 2023 we had international participants from all over the world for patrons to com e and enjoy. Patrons are charged admission that covers our expenses.$0$66,540
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael CrockettDirector Of The BoardPT$0--
Emily WilkinsonInternational DirectorPT$0--
Tara EyreProduction DirectorPT$0--
Baylee SteelSecretaryPT$0--
Elissa JohnsonHousing DirectorPT$0--
Erin GuerreroAdvancement DirectorPT$0--
Julia DeLeeuwMarketing DirectorPT$0--
Cheryl WaycaseyVenue DirectorPT$0--
Tanner JacksonEvents DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
World Folkfest Inc
EIN
74-2566696
In Care Of
% Michael Crockett
Address
1095 S 1100 W, Provo, UT 84601

Signing Officer

Name
Michael Crockett
Title
Director of the Board
Signed
2025-01-17
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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