Civic Intelligence

Albuquerque Folk Festival

990EZ • Fiscal year 2023 • EIN 85-0464484

Nov 01, 2022 to Oct 31, 2023 • Filed on Sep 01, 2024

P O Box 4837Albuquerque, NM 87196-4837

(505) 610-1971

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.03x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • NTEE A23 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.01x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • NTEE A23 • <$500k nonprofits • Source year 2023

Net Margin

62nd percentile

24%

Higher net margin than 62% of similar nonprofits.

2023 filings • NTEE A23 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2023 filings • NTEE A23 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$31,174

No earlier filing loaded for comparison.

Net Assets

$30,136

No earlier filing loaded for comparison.

Liabilities

$1,038

No earlier filing loaded for comparison.

Revenue

$75,792

No earlier filing loaded for comparison.

Expenses

$57,673

No earlier filing loaded for comparison.

Net Income

$18,119

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2023: $31,174Liabilities 2023: $1,038Net Assets 2023: $30,1362023Assets 2024: $16,095Liabilities 2024: $1,050Net Assets 2024: $15,0452024

Highlighted filing

2023

Assets$31,174
Liabilities$1,038
Net Assets$30,136

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2023: $75,792Expenses 2023: $57,673Net Income 2023: $18,1192023Revenue 2024: $54,683Expenses 2024: $69,774Net Income 2024: -$15,0912024

Highlighted filing

2023

Revenue$75,792
Expenses$57,673
Net Income$18,119
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Sep 1, 2024
Return Version
2022v5.0
Gross Receipts
$75,792
Mission and Program Overview

Mission

Produced and directed a live outdoor traditional music, dance, storytelling, and craft festival in September, 2024. Local, regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.

Produced and directed a live outdoor traditional music, dance, storytelling, and craft festival in October, 2023. Local, regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.

Program Services

DescriptionGrantsExpenses
Produced and directed a traditional music, dance, storytelling, and craft festival. Local regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.$37,226$57,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel MatthewsPresident-$0--
Bruce ThomsonVice President-$0--
Cleveland SharpSecretary-$0--
Dianne RossbachTreasurer-$0--
David ParaMember At Large-$0--
Michelle SpiroMember At Large-$0--
Randy MartinMember At Large-$0--
Jason SewellMember At Large-$0--
Nancy BrodskyMember At Large-$0--
Sara CharltonMember At Large-$0--
Steve HunyadyMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Albuquerque Folk Festival
EIN
85-0464484
Phone
5056101971
Address
P O Box 4837, Albuquerque, NM 87196-4837

Signing Officer

Name
Dianne Rossbach
Title
Treasurer
Phone
5056101971
Signed
2024-09-01
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

Accounts Receivable at year end was $650.

Form 990-EZ, Part II, Line 26

Accounts Payable represents refundable vendor deposits of $1,038.

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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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ReasonableCauseExplanation/ExplanationTxt0Organization filed Form 8868 for the Tax Year 2022 on 3/15/2024 for an automatic extension of time.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05056101971
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBUQUERQUE FOLK FESTIVAL
ReturnHeader/Filer/BusinessNameControlTxt0ALBU
ReturnHeader/Filer/EIN0850464484
ReturnHeader/Filer/PhoneNum05056101971
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ReturnHeader/Filer/USAddress/CityNm0Albuquerque
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd0871964837
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-09-02T13:51:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-11-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

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