Civic Intelligence

Stowe Jazz Festival Ltd

EIN 83-4552333 • 501(c)3 • Stowe, VT

Profile

ALWAYS JAZZ, ALWAYS FREE

PO Box 6Stowe, VT 05672

www.stowejazzfestival.com

Siviq Scores

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

Liabilities / Assets

98th percentile

8.13x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.89x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-1.4%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$26,128

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-21%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

8.7%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$20,638

Down $5,449 (-21%) from 2023

Liabilities

Down

$167,770

Down $2,730 (-1.6%) from 2023

Net Assets

Down

-$147,132

Down $2,719 (-1.9%) from 2023

Revenue

Up

$188,261

Up $15,072 (+8.7%) from 2023

Expenses

Up

$190,980

Up $22,969 (+14%) from 2023

Net Income

Down

-$2,719

Down $7,897 (-153%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2018: $8,794Liabilities 2018: $0Net Assets 2018: $8,7942018Assets 2019: $7,747Liabilities 2019: $26,244Net Assets 2019: -$18,4972019Assets 2020: $53,303Liabilities 2020: $75,800Net Assets 2020: -$22,4972020Assets 2021: $36,978Liabilities 2021: $75,855Net Assets 2021: -$38,8772021Assets 2022: $20,909Liabilities 2022: $170,500Net Assets 2022: -$149,5912022Assets 2023: $26,087Liabilities 2023: $170,500Net Assets 2023: -$144,4132023Assets 2024: $20,638Liabilities 2024: $167,770Net Assets 2024: -$147,1322024

Highlighted filing

2024

Assets$20,638
Liabilities$167,770
Net Assets-$147,132

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2018: $78,342Expenses 2018: $69,548Net Income 2018: $8,7942018Revenue 2019: $113,008Expenses 2019: $140,299Net Income 2019: -$27,2912019Revenue 2020: $18,625Expenses 2020: $29,951Net Income 2020: -$11,3262020Revenue 2021: $21,429Expenses 2021: $37,809Net Income 2021: -$16,3802021Revenue 2022: $82,049Expenses 2022: $192,763Net Income 2022: -$110,7142022Revenue 2023: $173,189Expenses 2023: $168,011Net Income 2023: $5,1782023Revenue 2024: $188,261Expenses 2024: $190,980Net Income 2024: -$2,7192024

Highlighted filing

2024

Revenue$188,261
Expenses$190,980
Net Income-$2,719

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 12, 2025
Return Version
2023v6.0
Gross Receipts
$191,519
Mission and Program Overview

Mission

The stowe jazz festival brings world-class jazz performance to the general public free of charge; in support of community culture, education and the arts.

ALWAYS JAZZ, ALWAYS FREE

Program Services

DescriptionGrantsExpenses
THE STOWE JAZZ FESTIVAL ('SJF') IS A THREE-DAY MUSIC EVENT THAT TAKES PLACE IN AUGUST, IN SEVERAL VENUES IN AND AROUND STOWE, VERMONT. IT IS OUR MISSION TO BRING WORLD-CLASS JAZZ PERFORMANCE TO THE GENERAL PUBLIC FREE OF CHARGE; IN SUPPORT OF COMMUNITY CULTURE, EDUCATION AND THE ARTS.$1,013$135,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE PETITDirector/CEOPT$26,128-$26,128
ERIC SANTINIChair/PresidentPT$0--
ROB JUZEKDirectorPT$0--
AIMEE STEARNSDirectorPT$0--
WILLIAM MAFFIEDirectorPT$0--
BRIAN LEVENDirectorPT$0--
HANNAH STEARNSDirectorPT$0--
JOHN MORALEDirectorPT$0--
DIANNA NIZIOLKODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Stowe Jazz Festival Ltd
EIN
83-4552333
Phone
8026969070
Address
PO BOX 6, STOWE, VT 05672

Signing Officer

Name
George Walker Petit
Title
Executive Director/CEO
Phone
8026969070
Signed
2025-09-12
Discuss with paid preparer
Yes

Preparer

Firm
Glenna L Pound CPA
Address
3458 WEST HILL RD, STOWE, VT 05672
Preparer
Glenna L Pound CPA
Phone
8022539451
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 5296. Returns and allowances: 0. Less cost of goods sold: 3258. Gross profit: 2038. Cost of goods sold: inventory at beginning of year: 5500. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 3258. Other costs: 0. Inventory at end of year: 5500. Cost of goods sold: 3258.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1894. Description: other expenses. Amount: 6000. Total to form 990-ez, line 14: 7894.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: event and program expenses. Amount: 135544. Description: bank fees. Amount: 139. Description: office expenses. Amount: 2729. Description: travel. Amount: 3933. Description: loan interest expense. Amount: 4245. Description: misc. Amount: 3001. Total to form 990-ez, line 16: 149591.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventories. Beg. Of year amount: 5500. End of year amount: 5500. Description: other depreciable assets. Beg. Of year amount: 6288. End of year amount: 4394.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: sba loan. Beg. Of year amount: 170500. End of year amount: 167770.

Raw XML Appendix207 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 5296. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3258. GROSS PROFIT: 2038. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 5500. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 3258. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 5500. COST OF GOODS SOLD: 3258.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1894. DESCRIPTION: OTHER EXPENSES. AMOUNT: 6000. TOTAL TO FORM 990-EZ, LINE 14: 7894.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: EVENT AND PROGRAM EXPENSES. AMOUNT: 135544. DESCRIPTION: BANK FEES. AMOUNT: 139. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2729. DESCRIPTION: TRAVEL. AMOUNT: 3933. DESCRIPTION: LOAN INTEREST EXPENSE. AMOUNT: 4245. DESCRIPTION: MISC. AMOUNT: 3001. TOTAL TO FORM 990-EZ, LINE 16: 149591.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVENTORIES. BEG. OF YEAR AMOUNT: 5500. END OF YEAR AMOUNT: 5500. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 6288. END OF YEAR AMOUNT: 4394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: SBA LOAN. BEG. OF YEAR AMOUNT: 170500. END OF YEAR AMOUNT: 167770.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE WALKER PETIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08026969070
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STOWE JAZZ FESTIVAL LTD
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ReturnHeader/Filer/EIN0834552333
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STOWE
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ReturnHeader/ReturnTs02025-09-12T10:34:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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