KERRVILLE FOLK FESTIVAL FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
KERRVILLE FOLK FESTIVAL FOUNDATION INC (EIN 74-2938648)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-02-15
IRS object ID
202240469349302119
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-15T13:09:05-06:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472364727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRESSLER THOMPSON & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1819 WATER STREET SUITE 320AddressLine1Txt
CityKERRVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP780285343ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742938648EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KERRVILLE FOLK FESTIVAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKERRBusinessNameControlTxt
Phone8302573600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13876 MEDINA HIGHWAYAddressLine1Txt
CityKERRVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP78028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY MUSEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8302573600PhoneNum
Signature2022-02-09SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARYPersonFirstNm
Person LastMUSEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA G BEATY CPAPreparerPersonNm
PTINP00842008PTIN
Phone8302577241PhoneNum
Preparation2022-02-09PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1KERRVILLE FOLK FESTIVALBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerGLEN PILANTPrincipalOfficerNm
Gross Receipts$722,344GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KERRVILLE-MUSIC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO PROMOTE PUBLIC APPRECIATION AND SUPPORT FOR SONGWRITERS, THE SONGWRITING CRAFT, AND FOLK MUSIC BY CREATING A COMMUNITY WHERE SONGCRAFT IS SUPPORTED AND FOLK MUSIC IS ENJOYED BY PEOPLE OF ALL AGES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers750TotalVolunteersCnt
Total Gross UBI-$20,437TotalGrossUBIAmt
PY Contributions Grants$493,489PYContributionsGrantsAmt
CY Contributions Grants$533,528CYContributionsGrantsAmt
PY Program Service Revenue$22,167PYProgramServiceRevenueAmt
CY Program Service Revenue$61,248CYProgramServiceRevenueAmt
PY Investment Income$1,217PYInvestmentIncomeAmt
CY Investment Income$609CYInvestmentIncomeAmt
PY Other Revenue-$20,070PYOtherRevenueAmt
CY Other Revenue$106,522CYOtherRevenueAmt
PY Total Revenue$496,803PYTotalRevenueAmt
CY Total Revenue$701,907CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$164,269PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$157,676CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,729CYTotalFundraisingExpenseAmt
PY Other Expenses$234,536PYOtherExpensesAmt
CY Other Expenses$329,335CYOtherExpensesAmt
PY Total Expenses$398,805PYTotalExpensesAmt
CY Total Expenses$487,011CYTotalExpensesAmt
PY Revenues Less Expenses$97,998PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$214,896CYRevenuesLessExpensesAmt
Total Assets BOY$970,485TotalAssetsBOYAmt
Total Assets EOY$1,351,248TotalAssetsEOYAmt
Total Liabilities BOY$237,753TotalLiabilitiesBOYAmt
Total Liabilities EOY$395,696TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$732,732NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$955,552NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE PUBLIC APPRECIATION AND SUPPORT FOR SONGWRITERS, THE SONGWRITING CRAFT, AND FOLK MUSIC BY CREATING A COMMUNITY WHERE SONGCRAFT IS SUPPORTED AND FOLK MUSIC IS ENJOYED BY PEOPLE OF ALL AGES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$434,356ExpenseAmt
Revenue$61,248RevenueAmt
DescANNUALLY, THE FOUNDATION TYPICALLY PRODUCES: THE 18-DAY KERRVILLE FOLK FESTIVAL (KFF), THE GRASSY HILL NEW FOLK COMPETITION, AND A FALL EVENT CALLED WELCOME HOME FESTIVAL (WHF). THE FOUNDATION ALSO CO-PRODUCES MUSIC CAMP FOR TEENS WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS AND A CONCERT SERIES, "MUSIC AT THE MANSION" WITH SCHREINER UNIVERSITY. THE KERRVILLE FOLK FESTIVAL (KFF) IS THE FOUNDATION'S FLAGSHIP EVENT. ESTABLISHED IN 1972, KFF IS THE LONGEST CONTINUOUSLY RUNNING MUSIC FESTIVAL IN THE UNITED STATES. DURING THE 18-DAY FESTIVAL THE FOUNDATION HOSTS THE GRASSY HILL NEW FOLK COMPETITION IN WHICH 600 TO 800 SONGWRITERS FROM ACROSS THE COUNTRY SUBMIT TWO SONGS THEY HAVE WRITTEN IN THE PAST YEAR. OF THOSE, 24 ARE SELECTED TO COMPETE AT THE KFF. OF THOSE, 6 FINALISTS ARE SELECTED AS WINNERS. THE FESTIVALS FEATURE BETWEEN 100 AND 200 PERFORMING SONGWRITERS FROM AROUND THE WORLD, A SONGWRITING SCHOOL, AND INSTRUMENT WORKSHOPS. MUSIC CAMP FOR TEENS IS A 5-DAY CAMP FOR YOUTH AGED 13 - 18. FACULTY IS COMPRISED OF SONGWRITERS, MUSICIANS AND POETS THAT FOCUS ON HELPING STUDENTS FIND THEIR OWN VOICE AND SOUND WHILE INTEGRATING LESSONS THAT HELP TEENS BUILD SELF-ESTEEM, ENGAGE IN POSITIVE LEISURE TIME ACTIVITIES, AND DEVELOP LEADERSHIP SKILLS FOR 70 TEENS, MANY OF WHOM ARE FROM LOW INCOME AND SINGLE PARENT HOUSEHOLDS. CO-SPONSORED WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS (BGCCT), THE FOUNDATION COVERS THE FACULTY AND FACILITY EXPENSES. THE BGCCT COVERS THE FOOD, TRANSPORTATION, AND CAMP COUNSELOR EXPENSES. MUSIC AT THE MANSION IS A YEARLONG CONCERT SERIES COMPRISED OF SIX SHOWS EACH YEAR, EACH SHOW FEATURING TWO PERFORMING SONGWRITERS. THANKS TO COVID, 2021 WAS NOT A TYPICAL YEAR. IN MAY 2021 WE PRODUCED A VIRTUAL CELEBRATION WITH A SMALL STUDIO AUDIENCE FOR 6 SETS OF MUSIC. PRE-RECORDED PROGRAMMING INCLUDING KERRVILLE'S GRASSY HILL NEW FOLK COMPETITION AND A NEW FOLK WINNERS SHOWCASE, CHILDREN'S CONCERTS, VIDEO EXCERPTS FROM PREVIOUS FESTIVALS, AND A NEW FOLK IN-MEMORIAM PROGRAM FEATURING TEN FORMER NEW FOLK FINALISTS WHO HAVE PASSED. THE 6 SETS OF MUSIC WERE LIVE STREAMED. IN OCTOBER 2021, THE 49TH KERRVILLE FOLK FESTIVAL WAS ABBREVIATED TO AN 11-DAY EVENT, ATTENDANCE WAS CAPPED FOR SAFETY, AND EVERYONE WORKING OR ATTENDING THE EVENT WAS FULLY VACCINATED. THE EVENT WAS OVERWHELMINGLY SUCCESSFUL; OUR POST EVENT SURVEY ESTABLISHED THE AUDIENCE LOVED THE EVENT AND NOT ONE CASE OF COVID WAS REPORTED BY ANYONE ON-SITE. THROUGHOUT THE YEAR, WE WERE ABLE TO CONTINUE THE MUSIC AT THE MANSION CONCERT SERIES, HOSTING SEVERAL OF THE SHOWS OUTDOORS. THE KERRVILLE FOLK FESTIVAL FOUNDATION IS DELIGHTED WITH PLANS FOR THE 50TH KERRVILLE FOLK FESTIVAL IN SPRING OF 2022 AND WELCOME HOME FEST IN THE FALL. WE HOPE TO RESUME MUSIC CAMP FOR TEENS IN THE SUMMER OF 2022, THANKS TO MANY GENEROUS DONATIONS AND GRANT FUNDING FROM THE SHUTTERED VENUE OPERATORS GRANT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescSINCE 2011, THE KERRVILLE FOLK FESTIVAL FOUNDATION ALONG WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS HOSTED A FIVE-DAY MUSIC CAMP FOR TEENS IN JULY. FACULTY IS COMPRISED OF SONGWRITERS, MUSICIANS AND POETS THAT FOCUS ON HELPING STUDENTS 'FIND THEIR OWN VOICE AND SOUND' WHILE INTEGRATING LESSONS THAT HELP TEENS BUILD SELF-ESTEEM, ENGAGE IN POSITIVE LEISURE TIME ACTIVITIES,AND DEVELOP LEADERSHIP SKILLS FOR 70 TEENS, MANY OF WHOM ARE FROM LOW INCOME AND SINGLE PARENT HOUSEHOLDS. DUE TO COVID, THE CAMP WAS NOT HELD IN 2020 OR 2021. ORGANIZERS ARE PLANNING TO OFFER THE CAMP AGAIN IN 2022 SUBJECT TO CDC RECOMMENDATIONS FOR YOUTH SUMMER CAMPS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$434,356TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCARL HIXKERRVILLE FOLK FESTIVALPersonNm
Phone8302573600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13876 MEDINA HIGHWAYAddressLine1Txt
CityKERRVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP78028ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BRANDON ADAMS
BOARD MEMBER5.00Yes (X)$0$0$0
HILARY ADAMSON
BOARD MEMBER5.00Yes (X)$0$0$0
MICHAEL BOWERS
BOARD MEMBER5.00Yes (X)$0$0$0
KERRY KNERR
BOARD MEMBER5.00Yes (X)$0$0$0
CHARLIE MCCORMICK
BOARD MEMBER5.00Yes (X)$0$0$0
STUART VEXLER
BOARD MEMBER5.00Yes (X)$0$0$0
DAVE WILMOTH
BOARD MEMBER5.00Yes (X)$0$0$0
SAMI BURK
VICE PRESIDE5.00$0$0$0Yes (X)
CHUCK LESNIAK
SECRETARY5.00$0$0$0Yes (X)
DAVID OBERMANN
TREASURER5.00$0$0$0Yes (X)
GLEN PILANT
PRESIDENT5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$37,648MembershipDuesAmt
Government Grants$145,024GovernmentGrantsAmt
All Other Contributions$350,856AllOtherContributionsAmt
Total Contributions$533,528TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CAMPGROUND INCOME711190$29,451$29,451
WORKSHOPS/PROGRAMS711190$17,305$17,305
TICKET SALES INCOME711190$14,492$14,492
FieldValueIRS element (for citing)
Total Program Service Revenue$61,248TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$609TotalRevenueColumnAmt
Exclusion$609ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$7,305RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$20,437RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$13,132RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$13,132TotalRevenueColumnAmt
Unrelated Business Revenue-$20,437UnrelatedBusinessRevenueAmt
Exclusion$7,305ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$89,883FundraisingGrossIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,883TotalRevenueColumnAmt
Exclusion$89,883ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$3,460GrossSalesOfInventoryAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,460TotalRevenueColumnAmt
Related Or Exempt Func Income$3,460RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
INSURANCE PROCEEDS532000$26,157$26,157
OTHER MISC INCOME541800$154$154
FieldValueIRS element (for citing)
Other Revenue Total$26,311OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$701,907TotalRevenueColumnAmt
Related Or Exempt Func Income$64,708RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$20,437UnrelatedBusinessRevenueAmt
Exclusion$124,108ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$146,339TotalAmt
Program Services$124,389ProgramServicesAmt
Management And General$20,487ManagementAndGeneralAmt
Fundraising$1,463FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,337TotalAmt
Program Services$9,637ProgramServicesAmt
Management And General$1,587ManagementAndGeneralAmt
Fundraising$113FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,250TotalAmt
Management And General$2,250ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,070TotalAmt
Program Services$9,409ProgramServicesAmt
Management And General$1,661ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,246TotalAmt
Program Services$1,199ProgramServicesAmt
Management And General$47ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,765TotalAmt
Program Services$3,200ProgramServicesAmt
Management And General$527ManagementAndGeneralAmt
Fundraising$38FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$29,764TotalAmt
Program Services$25,299ProgramServicesAmt
Management And General$4,167ManagementAndGeneralAmt
Fundraising$298FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,300TotalAmt
Program Services$2,805ProgramServicesAmt
Management And General$462ManagementAndGeneralAmt
Fundraising$33FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$41,683TotalAmt
Program Services$35,431ProgramServicesAmt
Management And General$6,252ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,880TotalAmt
Program Services$14,348ProgramServicesAmt
Management And General$2,363ManagementAndGeneralAmt
Fundraising$169FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OTHER PROGRAM EXPENSES$102,163$102,163
FESTIVAL EXPENSES$52,362$52,362
CONTRACT LABOR$19,600$16,660$2,940
REPAIRS & MAINTENANCE$17,090$14,526$2,564

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$28,162TotalAmt
Program Services$22,928ProgramServicesAmt
Management And General$2,619ManagementAndGeneralAmt
Fundraising$2,615FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$487,011TotalAmt
Program Services$434,356ProgramServicesAmt
Management And General$47,926ManagementAndGeneralAmt
Fundraising$4,729FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$289,234BOYAmt
EOY$642,531EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,008,429LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$381,179LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$595,690BOYAmt
EOY$627,250EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$30,063BOYAmt
EOY$38,431EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$55,498BOYAmt
EOY$43,036EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$970,485BOYAmt
EOY$1,351,248EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,769BOYAmt
EOY$4,144EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$231,984BOYAmt
EOY$391,552EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$237,753BOYAmt
EOY$395,696EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$682,232BOYAmt
EOY$955,552EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$50,500BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$732,732BOYAmt
EOY$955,552EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$970,485BOYAmt
EOY$1,351,248EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$214,896ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$7,924NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$355,618CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$316,353CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$288,386CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$493,489CurrentTaxYearMinus1YearAmt
Current Tax Year$533,528CurrentTaxYearAmt
Total$1,987,374TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$355,618CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$316,353CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$288,386CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$493,489CurrentTaxYearMinus1YearAmt
Current Tax Year$533,528CurrentTaxYearAmt
Total$1,987,374TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,987,374PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$770CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,936CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,754CurrentTaxYearMinus1YearAmt
Current Tax Year$7,914CurrentTaxYearAmt
Total$36,674TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year$4,720CurrentTaxYearAmt
Total$4,720TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,315CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,817CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,569CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$34,980CurrentTaxYearMinus1YearAmt
Current Tax Year$90,037CurrentTaxYearAmt
Total$211,718TotalAmt
FieldValueIRS element (for citing)
Total Support$2,240,486TotalSupportAmt
Gross Receipts Rltd Activities$1,288,613GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88700PublicSupportCY170Pct
Public Support PY1700.90630PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationFALL FESTIVAL 111,556 SILENT AUCTION 55 RAFFLE TICKETS 1,000 MISC INCOME 9,070ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$198,340InvestmentCostOrOtherBasisAmt
Book Value$198,340BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$128,815InvestmentCostOrOtherBasisAmt
Depreciation$59,319DepreciationAmt
Book Value$69,496BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$410,639InvestmentCostOrOtherBasisAmt
Depreciation$120,573DepreciationAmt
Book Value$290,066BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$178,284InvestmentCostOrOtherBasisAmt
Depreciation$173,408DepreciationAmt
Book Value$4,876BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$92,351InvestmentCostOrOtherBasisAmt
Depreciation$27,879DepreciationAmt
Book Value$64,472BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$627,250TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SVOG GRANT$210,485
LAMB CREEK PROPERTY LOAN$181,067
FieldValueIRS element (for citing)
Total Liability$391,552TotalLiabilityAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FALL FESTIVALEvent1Nm
Gross Receipts Event1$85,777GrossReceiptsEvent1Amt
Gross Revenue Event1$85,777GrossRevenueEvent1Amt
Gross Receipts Total$85,777GrossReceiptsTotalAmt
Gross Revenue Total Events$85,777GrossRevenueTotalEventsAmt
Net Income Summary$85,777NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4AANNUALLY, THE FOUNDATION TYPICALLY PRODUCES: THE 18-DAY KERRVILLE FOLK FESTIVAL (KFF), THE GRASSY HILL NEW FOLK COMPETITION, AND A FALL EVENT CALLED WELCOME HOME FESTIVAL (WHF). THE FOUNDATION ALSO CO-PRODUCES MUSIC CAMP FOR TEENS WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS AND A CONCERT SERIES, "MUSIC AT THE MANSION" WITH SCHREINER UNIVERSITY. THE KERRVILLE FOLK FESTIVAL (KFF) IS THE FOUNDATION'S FLAGSHIP EVENT. ESTABLISHED IN 1972, KFF IS THE LONGEST CONTINUOUSLY RUNNING MUSIC FESTIVAL IN THE UNITED STATES. DURING THE 18-DAY FESTIVAL THE FOUNDATION HOSTS THE GRASSY HILL NEW FOLK COMPETITION IN WHICH 600 TO 800 SONGWRITERS FROM ACROSS THE COUNTRY SUBMIT TWO SONGS THEY HAVE WRITTEN IN THE PAST YEAR. OF THOSE, 24 ARE SELECTED TO COMPETE AT THE KFF. OF THOSE, 6 FINALISTS ARE SELECTED AS WINNERS. THE FESTIVALS FEATURE BETWEEN 100 AND 200 PERFORMING SONGWRITERS FROM AROUND THE WORLD, A SONGWRITING SCHOOL, AND INSTRUMENT WORKSHOPS. MUSIC CAMP FOR TEENS IS A 5-DAY CAMP FOR YOUTH AGED 13 - 18. FACULTY IS COMPRISED OF SONGWRITERS, MUSICIANS AND POETS THAT FOCUS ON HELPING STUDENTS FIND THEIR OWN VOICE AND SOUND WHILE INTEGRATING LESSONS THAT HELP TEENS BUILD SELF-ESTEEM, ENGAGE IN POSITIVE LEISURE TIME ACTIVITIES, AND DEVELOP LEADERSHIP SKILLS FOR 70 TEENS, MANY OF WHOM ARE FROM LOW INCOME AND SINGLE PARENT HOUSEHOLDS. CO-SPONSORED WITH THE BOYS & GIRLS CLUB OF CENTRAL TEXAS (BGCCT), THE FOUNDATION COVERS THE FACULTY AND FACILITY EXPENSES. THE BGCCT COVERS THE FOOD, TRANSPORTATION, AND CAMP COUNSELOR EXPENSES. MUSIC AT THE MANSION IS A YEARLONG CONCERT SERIES COMPRISED OF SIX SHOWS EACH YEAR, EACH SHOW FEATURING TWO PERFORMING SONGWRITERS. THANKS TO COVID, 2021 WAS NOT A TYPICAL YEAR. IN MAY 2021 WE PRODUCED A VIRTUAL CELEBRATION WITH A SMALL STUDIO AUDIENCE FOR 6 SETS OF MUSIC. PRE-RECORDED PROGRAMMING INCLUDING KERRVILLE'S GRASSY HILL NEW FOLK COMPETITION AND A NEW FOLK WINNERS SHOWCASE, CHILDREN'S CONCERTS, VIDEO EXCERPTS FROM PREVIOUS FESTIVALS, AND A NEW FOLK IN-MEMORIAM PROGRAM FEATURING TEN FORMER NEW FOLK FINALISTS WHO HAVE PASSED. THE 6 SETS OF MUSIC WERE LIVE STREAMED. IN OCTOBER 2021, THE 49TH KERRVILLE FOLK FESTIVAL WAS ABBREVIATED TO AN 11-DAY EVENT, ATTENDANCE WAS CAPPED FOR SAFETY, AND EVERYONE WORKING OR ATTENDING THE EVENT WAS FULLY VACCINATED. THE EVENT WAS OVERWHELMINGLY SUCCESSFUL; OUR POST EVENT SURVEY ESTABLISHED THE AUDIENCE LOVED THE EVENT AND NOT ONE CASE OF COVID WAS REPORTED BY ANYONE ON-SITE. THROUGHOUT THE YEAR, WE WERE ABLE TO CONTINUE THE MUSIC AT THE MANSION CONCERT SERIES, HOSTING SEVERAL OF THE SHOWS OUTDOORS. THE KERRVILLE FOLK FESTIVAL FOUNDATION IS DELIGHTED WITH PLANS FOR THE 50TH KERRVILLE FOLK FESTIVAL IN SPRING OF 2022 AND WELCOME HOME FEST IN THE FALL. WE HOPE TO RESUME MUSIC CAMP FOR TEENS IN THE SUMMER OF 2022, THANKS TO MANY GENEROUS DONATIONS AND GRANT FUNDING FROM THE SHUTTERED VENUE OPERATORS GRANT.
FORM 990, PAGE 6, PART VI, LINE 6KERRVILLE FOLK FESTIVAL FOUNDATION IS A MEMBERSHIP DRIVEN ORGANIZATION.
FORM 990, PAGE 6, PART VI, LINE 7ATHE MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH IS THE GOVERNING BODY.
FORM 990, PAGE 6, PART VI, LINE 7BCERTAIN DECISIONS, SUCH AS CHANGES IN THE AMOUNT OF MEMBERSHIP DUES, ARE DECIDED BY MEMBERSHIP MAJORITY VOTE.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR, CHAIRMAN AND TREASURER FOR REVIEW PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CMONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY IS DONE BY EXCLUDING MEMBERS FROM VOTING ON RELATED MATTERS, DISCLOSING ANY CONFLICT OF INTEREST PRIOR TO DISCUSSIONS, KEEPING RECORD OF ANY MEMBER WITH A CONFLICT OF INTEREST AND STATING THE POLICY FROM TIME TO TIME THAT BOARD MEMBERS ARE OBLIGATED TO DISCLOSE A CONFLICT OF INTEREST ON ANY TOPIC UNDER DISCUSSION.
FORM 990, PAGE 6, PART VI, LINE 19ALL MINUTES, DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL BOARD AND COMMITTEE MEETINGS ARE ALSO OPEN TO THE PUBLIC.

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