2022-12-08T13:03:44-05:00 2022-04-30 263582184 CAIN BOURRET JARRY & CRESSMAN LLC 1175 MAMMOTH ROAD SUITE 2A DRACUT MA 01826 990 2021-05-01 042578293 THE LOWELL FESTIVAL FOUNDATION LOWE 9782751764 PO BOX 217 LOWELL MA 01852 ARTHUR SUTCLIFFE TRUSTEE, CHAIRMAN 9782751764 2022-11-16 true ARTHUR SUTCLIFFE 999009999 STEVEN R BOURRET P00042047 9789571421 2022-12-08 2021 2022-09-23 18:48:47Z ARTHUR SUTCLIFFE 8 INDIAN DRIVE CHELMSFORD MA 01824 1338861 false X WWW.LOWELLSUMMERMUSIC.ORG X 1974 MA THE ORGANIZATIONS PRIMARY PURPOSE IS TO ENCOURAGE CHARITABLE, CIVIC AND EDUCATIONAL ACTIVITIES BY BUSINESS AND INDIVIDUALS IN THE CITY OF LOWELL, MASSACHUSETTS THROUGH ENTERTAINMENT AND FESTIVAL ACTIVITIES. 7 7 18 20 0 99824 748067 24436 520891 2664 345 69558 126924 1338861 0 0 138675 195903 0 17142 71100 647689 209775 843592 -82851 495269 327770 1069688 182403 429052 145367 640636 THE ORGANIZATIONS PRIMARY PURPOSE IS TO ENCOURAGE CHARITABLE, CIVIC AND EDUCATIONAL ACTIVITIES BY BUSINESS AND INDIVIDUALS IN THE CITY OF LOWELL, MASSACHUSETTS THROUGH ENTERTAINMENT AND FESTIVAL ACTIVITIES. false false 754033 1388775 THE ORGANIZATION OPERATES AN ANNUAL FOLK FESTIVAL, WITH MUSIC, DANCING AND ENTERTAINMENT IN ORDER TO SUPPORT AND PROMOTE THE ARTS WITHIN THE CITY OF LOWELL, MASSACHUSETTS. THE ORGANIZATION ALSO HAS A SUMMER MUSIC SERIES OF CONCERTS, HEADLINED BY NATIONAL AND GLOBAL ARTISTS WITHIN THE ENTERTAINMENT INDUSTRY, AT AN OUTDOOR LOCAL REFURBISHED PARK, IN ORDER TO PROMOTE THE ARTS WITHIN THE CITY OF LOWELL, MASSACHUSETTS AND THE LOCAL SURROUNDING COMMUNITIES. THE ORGANIZATION OPERATES OTHER ACTIVITIES TO ENCOURAGE CHARITABLE, CIVIC AND EDUCATIONAL ACTIVITES IN THE CITY OF LOWELL, MASSACHUSETTS. 754033 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 10 0 true 18 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false false false false false false false false MA X HELENE LOISELLE 9782751764 5 CAROLINA LANE WESTFORD MA 01886 X PAULINE GOLEC TRUSTEE 0.25 X 0 0 0 STEVEN JONCAS TRUSTEE 0.25 X 0 0 0 HELENE LOISELLE TRUSTEE, TRE 0.25 X X 0 0 0 JANIS MALISZEWSKI TRUSTEE, ETH 0.25 X 0 0 0 JOHN SCANNELL TRUSTEE 0.25 X 0 0 0 ARTHUR SUTCLIFFE TRUSTEE, CHA 0.25 X X 0 0 0 false false false 705567 42500 42500 748067 PROGRAM SERVICE REVENUE 520891 520891 520891 345 345 PPP LOAN FORGIVENESS 69558 69558 69558 1338861 590449 345 48920 29352 4892 14676 125473 102732 21631 1110 3884 1942 1942 17626 13784 2486 1356 9350 4675 4675 38654 21154 17500 13262 13262 3286 3286 558 558 8063 8063 PROGRAM COSTS 513626 513626 STAGE & SOUND EQUIPMENT 42333 42333 CONTRACT LABOR 12014 12014 EQUIPMENT RENTAL 4091 4091 2452 267 2185 843592 754033 72417 17142 327770 979119 73300 16570 699 4617 4617 327770 1069688 5330 15322 108073 413730 69000 182403 429052 X 145367 640636 145367 640636 327770 1069688 495269 X false false X 485700 411397 296955 99824 748067 2041943 485700 411397 296955 99824 748067 2041943 2041943 3198 1870 768 2664 345 8845 2050788 4818768 0.99570 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4617 4617 X 1388774 49913 49913 1338861 1338861 893505 49913 49913 843592 843592 SCHEDULE D, PAGE 3, PART X THE ORGANIZATIONS ACTIVITIES ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 830 CMR 63.38T.1 OF MASSACHUSETTS GENERAL LAWS. SINCE THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX LIABILITY NO PROVISION IS MADE FOR CURRENT OR DEFERRED INCOME TAX EXPENSE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD NEGATIVELY IMPACT THE ORGANIZATIONS TAXEXEMPT STATUS. FOR THE YEARS ENDED APRIL 30, 2022 AND 2021, MANAGEMENT OF THE ORGANIZATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAXES, IF ANY, IN INTEREST EXPENSE. ALL TAX-EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE, AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAXEXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THE ORGANIZATIONS RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE RETURNS HAVE A THREE YEAR STATUTE OF LIMITATIONS. X 1 42500 false false false FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 SENT IS REVIEWED BY THE ACCOUNTING MANAGER AND SENT TO EACH BOARD MEMBER FOR COMMENT AND REVIEW BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. BY EITHER VISITING THE LOCAL OFFICE, OR CALLING TO RECEIVE A COPY BY MAIL.