Civic Intelligence

Valleyfest

990EZ • Fiscal year 2022 • EIN 94-3152294

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 27, 2023

P O Box 368Veradale, WA 99037

(509) 922-3299

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

33rd percentile

-3.8%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$10,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-11%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

108%

Faster revenue growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$56,967

Down $6,932 (-11%) from 2021

Net Assets

Down

$56,967

Down $6,932 (-11%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$183,516

Up $95,260 (+108%) from 2021

Expenses

Up

$190,448

Up $100,986 (+113%) from 2021

Net Income

Down

-$6,932

Down $5,726 (-475%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $25,416Net Assets 2011: $25,4162011Assets 2012: $23,168Net Assets 2012: $23,1682012Assets 2013: $32,958Liabilities 2013: $1,730Net Assets 2013: $31,2282013Assets 2014: $48,519Liabilities 2014: $2872014Assets 2015: $40,876Liabilities 2015: $7102015Assets 2016: $23,992Liabilities 2016: $9022016Assets 2017: $28,268Liabilities 2017: $9252017Assets 2018: $37,783Liabilities 2018: $02018Assets 2019: $17,810Liabilities 2019: $02019Assets 2020: $64,885Liabilities 2020: $02020Assets 2021: $63,899Liabilities 2021: $0Net Assets 2021: $63,8992021Assets 2022: $56,967Liabilities 2022: $0Net Assets 2022: $56,9672022Assets 2023: $51,698Liabilities 2023: $0Net Assets 2023: $51,6982023Assets 2024: $41,912Liabilities 2024: $0Net Assets 2024: $41,9122024Assets 2025: $27,102Liabilities 2025: $0Net Assets 2025: $27,1022025

Highlighted filing

2022

Assets$56,967
Liabilities$0
Net Assets$56,967

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $134,575Expenses 2011: $126,282Net Income 2011: $8,2932011Revenue 2012: $162,262Expenses 2012: $164,560Net Income 2012: -$2,2982012Revenue 2013: $196,093Expenses 2013: $188,033Net Income 2013: $8,0602013Revenue 2014: $186,713Expenses 2014: $169,709Net Income 2014: $17,0042014Revenue 2015: $192,792Expenses 2015: $200,148Net Income 2015: -$7,3562015Revenue 2016: $173,605Expenses 2016: $189,779Net Income 2016: -$16,1742016Revenue 2017: $195,329Expenses 2017: $190,151Net Income 2017: $5,1782017Revenue 2018: $199,325Expenses 2018: $189,192Net Income 2018: $10,1332018Revenue 2019: $163,038Expenses 2019: $219,135Net Income 2019: -$56,0972019Revenue 2020: $128,823Expenses 2020: $83,748Net Income 2020: $45,0752020Revenue 2021: $88,256Expenses 2021: $89,462Net Income 2021: -$1,2062021Revenue 2022: $183,516Expenses 2022: $190,448Net Income 2022: -$6,9322022Revenue 2023: $194,188Expenses 2023: $199,457Net Income 2023: -$5,2692023Revenue 2024: $171,737Expenses 2024: $181,523Net Income 2024: -$9,7862024Revenue 2025: $162,489Expenses 2025: $177,299Net Income 2025: -$14,8102025

Highlighted filing

2022

Revenue$183,516
Expenses$190,448
Net Income-$6,932
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 27, 2023
Return Version
2022v5.0
Gross Receipts
$183,516
Mission and Program Overview

Mission

03. PART III. WHAT IS THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE? The Valleyfest mission is to produce community driven, safe, family oriented, visually dramatic festivals and events. Valleyfest showcases the talent that enriches the Spokane Valley Region and celebrates the visual and performing arts, education and recreation for the entire community to enjoy.

Educational See SCHEDULE O

Program Services

DescriptionGrantsExpenses
VALLEYFEST. SPOKANE VALLEY PREMIER FESTIVAL-$114,235
MISS SPOKANE VALLEY SEE SCHEDULE O.-$7,277
VALLEYFEST CYCLE CELEBRATION. ONE DAY EVENT CELEBRATES SPOKANE VALLEY INCORPORATION. EVENT ENCOURAGES YOUNG AND EXPERIENCED RIDERS TO PARTICIPATE IN CYCLING. EVENT ATTRACTS 200.-$6,268
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY DOERINGExecutive DirectorFT$10,000-$10,000
CLAUD R WILHITEBoard PresidentPT$0--
STEVE FLORENCEBoard Vice President-$0--
GAIL BONGIOVANNIBoard Secretary-$0--
RORY HENNEBERGBoard Treasurer-$0--
JUDY LIPPMANBoard Member-$0--
STEPHANIE HUGHESBoard Member-$0--
SHIRENE YOUNGBoard Member-$0--
KATRINA NEBELBoard Member-$0--
CAROL CARTERBoard Member-$0--
MARCIA ASMUSSENBoard Member-$0--
TIM LANEBoard Member-$0--
EVETTE WILLIEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Valleyfest
EIN
94-3152294
Address
P O BOX 368, Veradale, WA 99037

Signing Officer

Name
C R Wilhite
Title
President
Phone
5099223299
Signed
2023-04-27
Discuss with paid preparer
Yes

Preparer

Firm
Michael R Jones PLLC
Address
508 N 13th St, Boise, ID 83702
Preparer
Michael R Jones
Phone
2083857400
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity ValleyFest Childrens Foundation Amount 690

Description of other expenses Part I line 16

Description AmountVALLEYFEST CYCLE CELEBRATION 2,579MISS SPOKANE VALLEY/FLOAT SCHED O 7,277VALLEYFEST PREMIER EVENT MARKETING 25,286FUNDRAISING BREAKFAST EVENT 3,423VALLEYFEST BOOTH REFUNDS AND EXPENS 1,235VALLEYFEST CAR SHOW EXPENSES 896EQUIPMENT RENTAL 12,640MULTI SORT WEEKED EVENT 6,624MISCELLANEOUS EVENT EXPENSES 10,767VOLUNTEER/EMPLOYEE/SPONSOR EXPENSES 4,263VALLEYFEST OFFICE EXPENSES 5,390VALLEYFEST ENTERTAINMENT EXPENSES 35VALLEYFEST PARADE EXPENSES 332

Part III response or note to any other line in Part III

990EZ PART III, LINE 29MISS SPOKANE VALLEY. VALLEYFEST BEGINS THE EVENT YEAR WITH THE VALLEYFEST MISS SPOKANE VALLEY LEADERSHIP PROGRAM OPEN TO ALL YOUNG WOMEN IN THEIR SOPHMORE/JUNIOR YEAR OF HIGH SCHOOL. THIS PROGRAM FEATURES A SERIES OF CAREER WORKSHOPS THAT INCLUDE INTERVIEW SKILLS, MARKETING, NETWORKING, PUBLIC SPEAKING AND RESUME WRITING. THE ROYAL COURT NORMALLY APPEARS AT A VARIETY OF COMMUNITY EVENTS DURING THEIR YEAR OF SERVICE INCLUDING THE SPOKANE LILAC FESTIVAL, TORCHLIGHT PARADE, VALLEYFEST HEARTS OF GOLD PARADE, THE SPOKANE VALLEY ROTARY CLUBS ANNUAL CHRISTMAS TREE LIGHTING AND MUCH MORE. IN ADDITION THE MISS SPOKANE VALLEY EVENT HAS ACQUIRED A DRIVABLE FLOAT PLATFORM WHICH HAS GIVEN VALLEYFEST THE ABILITY TO PARTICIPATE IN MANY OTHER PARADES THROUGHOUT THE REGION IN 990EZ PART III LINE 29 CONTINUEDIN 2022. MISS SPOKANE VALLEY ROYALTY ACT AS AMBASSADORS FOR THE CITY OF SPOKANE VALLEY AS WELL AS AT VALLEYFEST. PART OF THIS 2022 EXPENSES FOR THE MISS SPOKANE VALLEY EVENT ARE COSTS FOR THE FLOAT.990EZ, PART III LINE 30. VALLEYFEST EVENT. VALLEYFEST WAS FOUNDED IN 1980 AS A WAY TO EXPOSE CHILDREN TO THE BENEFITS OF ART, SCIENCE, NATURE AND RECREATION. VALLEYFEST HAS SINCE EVLOLVED INTO A MULTI-FACETED EVENT SHOWCASING THE PEOPLE AND PLACES THAT ARE THE HEART OF SPOKANE VALLEY. THE FIRST EVENT IS THE MISS SPOKANE VALLEY WHICH IS DETAILED IN PART III LINE 29 ABOVE. THIS EVENT IS FOLLOWED IN JULY BY THE VALLEYFEST SPONSORED CYCLE CELEBRATION DESCRIBED ON FORM 990EZ PART III LINE 28. CYCLE CELEBRATION ENCOURAGES YOUNG AND FORM 990EZ, PART III LINE 30 CONTINUEDOLD TO ENJOY BIKING AND CELEBRATE THE INCORPORATION OF SPOKANE VALLEY IN 2003. WRAPPING UP IN SEPTEMBER, VALLEYFEST KICKS OFF THE 3-DAY COMMUNITY EVENT WITH THE HEARTS OF GOLD PARADE DOWN MAIN STREET OF SPOKANE VALLEY. THE PARADE DRAWS AS MANY AS 10,000 SPECTATORS. THE NEXT DAY, VALLEYFEST, THE PREMIER COMMUNITY FESTIVAL IN SPOKANE VALLEY INVITES VISITORS TO BEGIN THE DAY WITH A PANCAKE BREAKFAST, THEN WANDER THROUGH THE CAR SHOW FEATURING A WIDE VARIETY OF BEAUTIFLULLY RESTORED CLASSIC AUTOS AS WELL AS THE LATEST MODELS. IF THE YOUNGSTERS IN THE FAMILY WANT TO LEARN HOW TO FISH, VALLEYFEST OFFERS FISHING AT THE FALLS, A VERY POPULAR EVENT FOR KIDS AND PARENTS. IN MIRABEAU PARK, ADULTS AND CHILDREN HAVE THEIR PICK OF LIVE ENTERTAINMENT ON THREE 990EZ, PART III, LINE 30 CONTINUEDSTAGES. WITH OVER 200 LOCAL, REGIONAL AND NATIONAL VENDORS, OUR VISITORS HAVE THE OPPORTUNITY TO VISIT WITH OTHER NON-PROFIT ORGANIZATIONS, BUY A LOCAL CRAFT ITEM OR ENJOY FOOD FROM ONE OF THE SEVERAL FOOD VENDORS. IF YOUR FAILY IS ATHLETIC, VALLEYFEST HAS A 5K/10K RUN, A TRIATHLON AND FAMILY BIKE RIDE TO NAME BUT A FEW ACTIVITIES. ROBOTICS, STEAM & ASTRONOMY PARTICIPATION EVENTS KEEP THE YOUNG MIND AS WELL AS ADULTS BUSY AND ENGAGED. YEAR 2022 ALSO FEATURED A MULTICULTURAL EVENT DESIGNED TO SHARE OUR DIVERSE RICH CULTURES AND HERITAGES WITH OUR NEIGHBORS THROUGH DANCE, ART, MUSIC, FASHION FOOD AND BUSINESSES. Part III What is organizations primary purposeTHE VALLEYFEST MISSION IS TO PRODUCE COMMUNITY DRIVEN SAFE FAMILY ORIENTED, VISUALLY DRAMATIC FESTIVALS AND EVENTS. VALLEYFEST EXPOSES THE TALENT THAT ENRICHES THE SPOKANE VALLEY REGION AND CELEBRATES THE VISUAL ANND PERFORMING ARTS, EDUCATION, SCIENCE AND RECREATION SO THE ENTIRE COMMUNITY CAN EXPERIENCE THEM.

Part IV response or note to any line in Part IV

The two day vallyfest event draws over 30,000 visitors to the festivites held at the city of spokane valley regional centerplace building and mirabeau park.

Raw XML Appendix230 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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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity ValleyFest Childrens Foundation Amount 690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountVALLEYFEST CYCLE CELEBRATION 2,579MISS SPOKANE VALLEY/FLOAT SCHED O 7,277VALLEYFEST PREMIER EVENT MARKETING 25,286FUNDRAISING BREAKFAST EVENT 3,423VALLEYFEST BOOTH REFUNDS AND EXPENS 1,235VALLEYFEST CAR SHOW EXPENSES 896EQUIPMENT RENTAL 12,640MULTI SORT WEEKED EVENT 6,624MISCELLANEOUS EVENT EXPENSES 10,767VOLUNTEER/EMPLOYEE/SPONSOR EXPENSES 4,263VALLEYFEST OFFICE EXPENSES 5,390VALLEYFEST ENTERTAINMENT EXPENSES 35VALLEYFEST PARADE EXPENSES 332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990EZ PART III, LINE 29MISS SPOKANE VALLEY. VALLEYFEST BEGINS THE EVENT YEAR WITH THE VALLEYFEST MISS SPOKANE VALLEY LEADERSHIP PROGRAM OPEN TO ALL YOUNG WOMEN IN THEIR SOPHMORE/JUNIOR YEAR OF HIGH SCHOOL. THIS PROGRAM FEATURES A SERIES OF CAREER WORKSHOPS THAT INCLUDE INTERVIEW SKILLS, MARKETING, NETWORKING, PUBLIC SPEAKING AND RESUME WRITING. THE ROYAL COURT NORMALLY APPEARS AT A VARIETY OF COMMUNITY EVENTS DURING THEIR YEAR OF SERVICE INCLUDING THE SPOKANE LILAC FESTIVAL, TORCHLIGHT PARADE, VALLEYFEST HEARTS OF GOLD PARADE, THE SPOKANE VALLEY ROTARY CLUBS ANNUAL CHRISTMAS TREE LIGHTING AND MUCH MORE. IN ADDITION THE MISS SPOKANE VALLEY EVENT HAS ACQUIRED A DRIVABLE FLOAT PLATFORM WHICH HAS GIVEN VALLEYFEST THE ABILITY TO PARTICIPATE IN MANY OTHER PARADES THROUGHOUT THE REGION IN 990EZ PART III LINE 29 CONTINUEDIN 2022. MISS SPOKANE VALLEY ROYALTY ACT AS AMBASSADORS FOR THE CITY OF SPOKANE VALLEY AS WELL AS AT VALLEYFEST. PART OF THIS 2022 EXPENSES FOR THE MISS SPOKANE VALLEY EVENT ARE COSTS FOR THE FLOAT.990EZ, PART III LINE 30. VALLEYFEST EVENT. VALLEYFEST WAS FOUNDED IN 1980 AS A WAY TO EXPOSE CHILDREN TO THE BENEFITS OF ART, SCIENCE, NATURE AND RECREATION. VALLEYFEST HAS SINCE EVLOLVED INTO A MULTI-FACETED EVENT SHOWCASING THE PEOPLE AND PLACES THAT ARE THE HEART OF SPOKANE VALLEY. THE FIRST EVENT IS THE MISS SPOKANE VALLEY WHICH IS DETAILED IN PART III LINE 29 ABOVE. THIS EVENT IS FOLLOWED IN JULY BY THE VALLEYFEST SPONSORED CYCLE CELEBRATION DESCRIBED ON FORM 990EZ PART III LINE 28. CYCLE CELEBRATION ENCOURAGES YOUNG AND FORM 990EZ, PART III LINE 30 CONTINUEDOLD TO ENJOY BIKING AND CELEBRATE THE INCORPORATION OF SPOKANE VALLEY IN 2003. WRAPPING UP IN SEPTEMBER, VALLEYFEST KICKS OFF THE 3-DAY COMMUNITY EVENT WITH THE HEARTS OF GOLD PARADE DOWN MAIN STREET OF SPOKANE VALLEY. THE PARADE DRAWS AS MANY AS 10,000 SPECTATORS. THE NEXT DAY, VALLEYFEST, THE PREMIER COMMUNITY FESTIVAL IN SPOKANE VALLEY INVITES VISITORS TO BEGIN THE DAY WITH A PANCAKE BREAKFAST, THEN WANDER THROUGH THE CAR SHOW FEATURING A WIDE VARIETY OF BEAUTIFLULLY RESTORED CLASSIC AUTOS AS WELL AS THE LATEST MODELS. IF THE YOUNGSTERS IN THE FAMILY WANT TO LEARN HOW TO FISH, VALLEYFEST OFFERS FISHING AT THE FALLS, A VERY POPULAR EVENT FOR KIDS AND PARENTS. IN MIRABEAU PARK, ADULTS AND CHILDREN HAVE THEIR PICK OF LIVE ENTERTAINMENT ON THREE 990EZ, PART III, LINE 30 CONTINUEDSTAGES. WITH OVER 200 LOCAL, REGIONAL AND NATIONAL VENDORS, OUR VISITORS HAVE THE OPPORTUNITY TO VISIT WITH OTHER NON-PROFIT ORGANIZATIONS, BUY A LOCAL CRAFT ITEM OR ENJOY FOOD FROM ONE OF THE SEVERAL FOOD VENDORS. IF YOUR FAILY IS ATHLETIC, VALLEYFEST HAS A 5K/10K RUN, A TRIATHLON AND FAMILY BIKE RIDE TO NAME BUT A FEW ACTIVITIES. ROBOTICS, STEAM & ASTRONOMY PARTICIPATION EVENTS KEEP THE YOUNG MIND AS WELL AS ADULTS BUSY AND ENGAGED. YEAR 2022 ALSO FEATURED A MULTICULTURAL EVENT DESIGNED TO SHARE OUR DIVERSE RICH CULTURES AND HERITAGES WITH OUR NEIGHBORS THROUGH DANCE, ART, MUSIC, FASHION FOOD AND BUSINESSES. Part III What is organizations primary purposeTHE VALLEYFEST MISSION IS TO PRODUCE COMMUNITY DRIVEN SAFE FAMILY ORIENTED, VISUALLY DRAMATIC FESTIVALS AND EVENTS. VALLEYFEST EXPOSES THE TALENT THAT ENRICHES THE SPOKANE VALLEY REGION AND CELEBRATES THE VISUAL ANND PERFORMING ARTS, EDUCATION, SCIENCE AND RECREATION SO THE ENTIRE COMMUNITY CAN EXPERIENCE THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TWO DAY VALLYFEST EVENT DRAWS OVER 30,000 VISITORS TO THE FESTIVITES HELD AT THE CITY OF SPOKANE VALLEY REGIONAL CENTERPLACE BUILDING AND MIRABEAU PARK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part IV response or note to any line in Part IV
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ReturnHeader/BusinessOfficerGrp/PersonNm0C R Wilhite
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05099223299
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
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ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0943152294
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael R Jones PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0508 N 13th St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boise
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael R Jones
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ReturnHeader/ReturnTs02023-04-27T15:54:29-04:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.62$1.77$0.15
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.72$1.82$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.94$1.99$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$1.84$1.90$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.88$0.89$0.01
2020Summary only. Only limited summary data is available for this year.$0.65$0.00$1.29$0.84$0.45
2019Summary only. Only limited summary data is available for this year.$0.18$0.00$1.63$2.19$0.56
2018Summary only. Only limited summary data is available for this year.$0.38$0.00$1.99$1.89$0.10
2017Summary only. Only limited summary data is available for this year.$0.28$0.01$1.95$1.90$0.05
2016Summary only. Only limited summary data is available for this year.$0.24$0.01$1.74$1.90$0.16
2015Summary only. Only limited summary data is available for this year.$0.41$0.01$1.93$2.00$0.07
2014Summary only. Only limited summary data is available for this year.$0.49$0.00$1.87$1.70$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.31$1.96$1.88$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.23$1.62$1.65$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.25$1.35$1.26$0.08