KERRVILLE FOLK FESTIVAL FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KERRVILLE FOLK FESTIVAL FOUNDATION INC (EIN 74-2938648)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-02-17
IRS object ID
202600489349302210
Schema version
2024v5.0
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)
Return2026-02-17T18:00:05-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472364727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRESSLER THOMPSON AND COMPANY LLCBusinessNameLine1Txt

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 Begin2024-10-01TaxPeriodBeginDt

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)
PersonDEB ROUSEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8302573600PhoneNum
Signature2026-02-12SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA G BEATY CPAPreparerPersonNm
PTINP00842008PTIN
Phone8302577241PhoneNum
Preparation2026-02-12PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1KERRVILLE FOLK FESTIVALBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerVAL STINSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13876 MEDINA HIGHWAYAddressLine1Txt
CityKERRVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP78028ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,571,511GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KERRVILLEFOLKFESTIVAL.ORGWebsiteAddressTxt
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 Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers750TotalVolunteersCnt
Total Gross UBI$9,586TotalGrossUBIAmt
PY Contributions Grants$385,453PYContributionsGrantsAmt
CY Contributions Grants$658,149CYContributionsGrantsAmt
PY Program Service Revenue$518,988PYProgramServiceRevenueAmt
CY Program Service Revenue$562,163CYProgramServiceRevenueAmt
PY Investment Income$18,972PYInvestmentIncomeAmt
CY Investment Income$30,987CYInvestmentIncomeAmt
PY Other Revenue$238,872PYOtherRevenueAmt
CY Other Revenue$189,543CYOtherRevenueAmt
PY Total Revenue$1,162,285PYTotalRevenueAmt
CY Total Revenue$1,440,842CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$158,675PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$186,217CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,072CYTotalFundraisingExpenseAmt
PY Other Expenses$907,572PYOtherExpensesAmt
CY Other Expenses$863,975CYOtherExpensesAmt
PY Total Expenses$1,066,247PYTotalExpensesAmt
CY Total Expenses$1,050,192CYTotalExpensesAmt
PY Revenues Less Expenses$96,038PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$390,650CYRevenuesLessExpensesAmt
Total Assets BOY$1,658,993TotalAssetsBOYAmt
Total Assets EOY$2,007,837TotalAssetsEOYAmt
Total Liabilities BOY$181,071TotalLiabilitiesBOYAmt
Total Liabilities EOY$108,201TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,477,922NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,899,636NetAssetsOrFundBalancesEOYAmt
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$972,121ExpenseAmt
Revenue$562,163RevenueAmt
DescANNUALLY, THE KERRVILLE FOLK FESTIVAL FOUNDATION ("KFF FOUNDATION- OR "FOUNDATION") NORMALLY PRODUCES THE 18-DAY KERRVILLE FOLK FESTIVAL (MAY 22 - JUNE 8, 2025) AND A 3-DAY EVENT CALLED WELCOME HOME FEST (OCTOBER 9-11). BECAUSE OF SEVERE FLOODING IMPACTS IN THE REGION THIS YEAR, WE CANCELED WELCOME HOME FEST TO FOCUS ON SUPPORTING OUR LOCAL COMMUNITY. THE KERRVILLE FOLK FESTIVAL ("KFF") IS THE FOUNDATION'S FLAGSHIP EVENT. ESTABLISHED IN 1972, THE KFF IS AMONG THE LONGEST CONTINUOUSLY RUNNING MUSIC FESTIVALS IN THE COUNTRY AND, IN 2025, WE CELEBRATED OUR 53RD ANNUAL FESTIVAL. DURING KFF, THE FOUNDATION HOSTS THE KERRVILLE FOLK FESTIVAL GRASSY HILL SINGER SONGWRITER COMPETITION. THE FOUNDATION RECEIVED ALMOST 1200 ENTRIES, FROM WHICH 24 FINALISTS WERE SELECTED TO PERFORM AT THE FESTIVAL. FROM THOSE 24 FINALISTS, 6 WINNERS ARE SELECTED; WINNERS RECEIVE A CASH PRIZE AND ARE INVITED TO PARTICIPATE IN A 10-DAY TOUR, PERFORMING AT TEXAS VENUES. DURING THE FESTIVAL, WE ALSO HOST A NUMBER OF SEMINARS AND WORKSHOPS, INCLUDING INSTRUMENT SPECIFIC WORKSHOPS (HARMONICA, UKULELE AND GUITAR) AS WELL AS SONGWRITING WORKSHOPS ON TOPICS SUCH AS CO-WRITING AND CREATIVE PROCESS. WE ALSO HOSTED A NUMBER OF EVENTS GEARED TOWARD THE YOUNGER GENERATION, INCLUDING FAMILY CONCERTS, A GOLF CART PARADE, A YOUNG ARTIST PERFORMANCE INCUBATOR ("YAPI") AND PRE-TEEN/TEENAGE SONGWRITING WORKSHOPS. WE WERE SCHEDULED TO HOLD OUR THREE-DAY WELCOME HOME FEST IN OCTOBER BUT ON JULY 4, THE KERR COUNTY AREA WAS HIT BY DEVASTATING FLOODS. WHILE THE PROPERTY WHERE THE FESTIVAL IS HELD WAS NOT DIRECTLY IMPACTED, WE RECOGNIZED THAT WE NEEDED TO SHIFT OUR FOCUS TO HELPING OUR LOCAL COMMUNITY. AS PART OF THAT EFFORT, WE CANCELED WELCOME HOME FEST AND PIVOTED TO DOING WHAT WE COULD TO HELP THOSE IMPACTED. TO THAT END, IN JULY, OUR STAFF KITCHEN AND A DEDICATED TEAM OF VOLUNTEERS PREPARED AND DELIVERED HOT MEALS TO RESCUE WORKERS, FIRE DEPARTMENTS AND IMPACTED CITIZENS, SOMETIMES PROVIDING AS MANY AS 1,000 MEALS A DAY. WE ALSO WORKED WITH OUR FAR-RANGING FESTIVAL COMMUNITY TO RAISE MONEY FOR FLOOD RELIEF EFFORTS AND TO PROVIDE NEEDED SUPPLIES SUCH AS WORK GLOVES, GENERATORS AND CHAIN SAWS. IN ADDITION, WE OPENED THE PROPERTY WHERE THE FESTIVAL OCCURS TO HOUSE DISPLACED INDIVIDUALS AND DEBRIS REMOVAL PERSONNEL. THE FOUNDATION ALSO PARTICIPATED IN MUSICAL FUND-RAISING EVENTS FOR THE COMMUNITY HELD IN AUSTIN, TX (WITH MICHAEL MARTIN MURPHY AND LYLE LOVETT) AND SAN ANTONIO, TX (LYLE LOVETT, LOS LONELY BOYS, RECKLESS KELLY AND BRI BAGWELL). WE ALSO WORKED WITH A LOCAL PARTNER, ARCADIA LIVE, TO PRESENT A NUMBER OF SHOWS IN KERRVILLE, COMPLETELY FREE OF CHARGE TO RESIDENTS OF KERR COUNTY (SHINYRIBS, JOSH & CHRISTY GRIDER AND JAMES MCMURTRY).Desc
Total Program Service Expenses$972,121TotalProgramServiceExpensesAmt
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 Document126IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
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 (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
VAL STINSON
PRESIDENT5.00Yes (X)$0$0$0
SAMI BURK
VICE PRESIDE5.00Yes (X)$0$0$0
DAVID OBERMANN
TREASURER5.00Yes (X)$0$0$0
J FRANK WEBSTER
SECRETARY5.00Yes (X)$0$0$0
HILARY ADAMSON
BOARD MEMBER5.00$0$0$0Yes (X)
TEEL STAR FLEMING
BOARD MEMBER5.00$0$0$0Yes (X)
VALERIE LEIBERMAN
BOARD MEMBER5.00$0$0$0Yes (X)
DAVE WILMOTH
BOARD MEMBER5.00$0$0$0Yes (X)
KATE PREJEAN
BOARD MEMBER5.00$0$0$0Yes (X)
JOVITA ROY
BOARD MEMEBE5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$96,339MembershipDuesAmt
Fundraising$103,846FundraisingAmt
All Other Contributions$457,964AllOtherContributionsAmt
Noncash Contributions$10,264NoncashContributionsAmt
Total Contributions$658,149TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TICKET SALES INCOME711190$302,974$302,974
CAMPGROUND INCOME711190$148,114$148,114
WORKSHOPS/PROGRAMS711190$111,075$111,075
FieldValueIRS element (for citing)
Total Program Service Revenue$562,163TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,987TotalRevenueColumnAmt
Exclusion$30,987ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$46,995RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$6,014RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$40,981RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,981TotalRevenueColumnAmt
Unrelated Business Revenue$9,586UnrelatedBusinessRevenueAmt
Exclusion$31,395ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$102,032FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$103,846ContriRptFundraisingEventAmt
Fundraising Direct Expenses$98,954FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,078TotalRevenueColumnAmt
Exclusion$3,078ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$88,748GrossSalesOfInventoryAmt
Cost Of Goods Sold$25,701CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$63,047TotalRevenueColumnAmt
Related Or Exempt Func Income$63,047RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
EMPLOYEE RETENTION CR-2021$59,245$59,245
EMPLOYEE RETENTION CR-2020$22,074$22,074
VENDING SALES$836$836

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$282TotalRevenueColumnAmt
Exclusion$282ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$82,437OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,440,842TotalRevenueColumnAmt
Related Or Exempt Func Income$625,210RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$9,586UnrelatedBusinessRevenueAmt
Exclusion$147,897ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$173,413TotalAmt
Program Services$147,401ProgramServicesAmt
Management And General$24,278ManagementAndGeneralAmt
Fundraising$1,734FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,804TotalAmt
Program Services$10,883ProgramServicesAmt
Management And General$1,793ManagementAndGeneralAmt
Fundraising$128FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Management And General$3,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$63,170TotalAmt
Program Services$53,694ProgramServicesAmt
Management And General$9,476ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$63,903TotalAmt
Program Services$63,903ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$47,703TotalAmt
Program Services$40,548ProgramServicesAmt
Management And General$6,678ManagementAndGeneralAmt
Fundraising$477FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$56,813TotalAmt
Program Services$48,291ProgramServicesAmt
Management And General$8,522ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$41,093TotalAmt
Program Services$34,929ProgramServicesAmt
Management And General$5,753ManagementAndGeneralAmt
Fundraising$411FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FESTIVAL EXPENSES$438,411$438,411
REPAIRS & MAINTENANCE$62,703$53,298$9,405
OTHER PROGRAM EXPENSES$23,308$23,308
VOLUNTEER STAFF EXPENSE$17,535$17,535

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$46,336TotalAmt
Program Services$39,920ProgramServicesAmt
Management And General$6,094ManagementAndGeneralAmt
Fundraising$322FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,050,192TotalAmt
Program Services$972,121ProgramServicesAmt
Management And General$74,999ManagementAndGeneralAmt
Fundraising$3,072FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$385,298BOYAmt
EOY$693,099EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$55,589BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,256,821LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$565,901LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$646,844BOYAmt
EOY$690,920EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$563,945BOYAmt
EOY$619,363EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$7,317BOYAmt
EOY$4,455EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,658,993BOYAmt
EOY$2,007,837EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,822BOYAmt
EOY$4,872EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$56,187BOYAmt
EOY$3,850EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$123,062BOYAmt
EOY$99,479EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$181,071BOYAmt
EOY$108,201EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,477,922BOYAmt
EOY$1,899,636EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,477,922BOYAmt
EOY$1,899,636EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,658,993BOYAmt
EOY$2,007,837EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$390,650ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$26,173NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$4,891OtherChangesInNetAssetsAmt
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$533,528CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,009,786CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$468,730CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$385,453CurrentTaxYearMinus1YearAmt
Current Tax Year$658,149CurrentTaxYearAmt
Total$3,055,646TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$533,528CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,009,786CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$468,730CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$385,453CurrentTaxYearMinus1YearAmt
Current Tax Year$658,149CurrentTaxYearAmt
Total$3,055,646TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,055,646PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,914CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,256CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,218CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,936CurrentTaxYearMinus1YearAmt
Current Tax Year$62,382CurrentTaxYearAmt
Total$144,706TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,720CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year$2,852CurrentTaxYearMinus1YearAmt
Current Tax Year$91,019CurrentTaxYearAmt
Total$98,591TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$90,037CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$63,382CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$41,450CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$417,945CurrentTaxYearMinus1YearAmt
Current Tax Year$91,525CurrentTaxYearAmt
Total$704,339TotalAmt
FieldValueIRS element (for citing)
Total Support$4,003,282TotalSupportAmt
Gross Receipts Rltd Activities$2,562,939GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76330PublicSupportCY170Pct
Public Support PY1700.79110PublicSupportPY170Pct
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 302,753 SILENT AUCTION 41,061 RAFFLE TICKETS 6,204 MISC INCOME 85,772 KERRCLIPSE 268,549ExplanationTxt

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$143,121InvestmentCostOrOtherBasisAmt
Depreciation$76,982DepreciationAmt
Book Value$66,139BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$507,051InvestmentCostOrOtherBasisAmt
Depreciation$223,358DepreciationAmt
Book Value$283,693BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$277,992InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$1,276OtherCostOrOtherBasisAmt
Depreciation$205,785DepreciationAmt
Book Value$73,483BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$129,041InvestmentCostOrOtherBasisAmt
Depreciation$59,776DepreciationAmt
Book Value$69,265BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$690,920TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLAMB CREEK PROPERTY LOANDesc
Amt$99,479Amt
FieldValueIRS element (for citing)
Total Liability$99,479TotalLiabilityAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FLOOD RELIEFEvent1Nm
Gross Receipts Event1$103,846GrossReceiptsEvent1Amt
Charitable Contri Event1$103,846CharitableContriEvent1Amt
Other Direct Expenses Event1$5,986OtherDirectExpensesEvent1Amt
Event2FALL FESTIVALEvent2Nm
Gross Receipts Event2$93,792GrossReceiptsEvent2Amt
Gross Revenue Event2$93,792GrossRevenueEvent2Amt
Other Direct Expenses Event2$91,943OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$7,740GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$7,740GrossRevenueOtherEventsAmt
Gross Receipts Total$205,378GrossReceiptsTotalAmt
Charitable Contributions Tot$103,846CharitableContributionsTotAmt
Gross Revenue Total Events$101,532GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$97,929OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$97,929DirectExpenseSummaryEventsAmt
Net Income Summary$3,603NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4AANNUALLY, THE KERRVILLE FOLK FESTIVAL FOUNDATION ("KFF FOUNDATION- OR "FOUNDATION") NORMALLY PRODUCES THE 18-DAY KERRVILLE FOLK FESTIVAL (MAY 22 - JUNE 8, 2025) AND A 3-DAY EVENT CALLED WELCOME HOME FEST (OCTOBER 9-11). BECAUSE OF SEVERE FLOODING IMPACTS IN THE REGION THIS YEAR, WE CANCELED WELCOME HOME FEST TO FOCUS ON SUPPORTING OUR LOCAL COMMUNITY. THE KERRVILLE FOLK FESTIVAL ("KFF") IS THE FOUNDATION'S FLAGSHIP EVENT. ESTABLISHED IN 1972, THE KFF IS AMONG THE LONGEST CONTINUOUSLY RUNNING MUSIC FESTIVALS IN THE COUNTRY AND, IN 2025, WE CELEBRATED OUR 53RD ANNUAL FESTIVAL. DURING KFF, THE FOUNDATION HOSTS THE KERRVILLE FOLK FESTIVAL GRASSY HILL SINGER SONGWRITER COMPETITION. THE FOUNDATION RECEIVED ALMOST 1200 ENTRIES, FROM WHICH 24 FINALISTS WERE SELECTED TO PERFORM AT THE FESTIVAL. FROM THOSE 24 FINALISTS, 6 WINNERS ARE SELECTED; WINNERS RECEIVE A CASH PRIZE AND ARE INVITED TO PARTICIPATE IN A 10-DAY TOUR, PERFORMING AT TEXAS VENUES. DURING THE FESTIVAL, WE ALSO HOST A NUMBER OF SEMINARS AND WORKSHOPS, INCLUDING INSTRUMENT SPECIFIC WORKSHOPS (HARMONICA, UKULELE AND GUITAR) AS WELL AS SONGWRITING WORKSHOPS ON TOPICS SUCH AS CO-WRITING AND CREATIVE PROCESS. WE ALSO HOSTED A NUMBER OF EVENTS GEARED TOWARD THE YOUNGER GENERATION, INCLUDING FAMILY CONCERTS, A GOLF CART PARADE, A YOUNG ARTIST PERFORMANCE INCUBATOR ("YAPI") AND PRE-TEEN/TEENAGE SONGWRITING WORKSHOPS. WE WERE SCHEDULED TO HOLD OUR THREE-DAY WELCOME HOME FEST IN OCTOBER BUT ON JULY 4, THE KERR COUNTY AREA WAS HIT BY DEVASTATING FLOODS. WHILE THE PROPERTY WHERE THE FESTIVAL IS HELD WAS NOT DIRECTLY IMPACTED, WE RECOGNIZED THAT WE NEEDED TO SHIFT OUR FOCUS TO HELPING OUR LOCAL COMMUNITY. AS PART OF THAT EFFORT, WE CANCELED WELCOME HOME FEST AND PIVOTED TO DOING WHAT WE COULD TO HELP THOSE IMPACTED. TO THAT END, IN JULY, OUR STAFF KITCHEN AND A DEDICATED TEAM OF VOLUNTEERS PREPARED AND DELIVERED HOT MEALS TO RESCUE WORKERS, FIRE DEPARTMENTS AND IMPACTED CITIZENS, SOMETIMES PROVIDING AS MANY AS 1,000 MEALS A DAY. WE ALSO WORKED WITH OUR FAR-RANGING FESTIVAL COMMUNITY TO RAISE MONEY FOR FLOOD RELIEF EFFORTS AND TO PROVIDE NEEDED SUPPLIES SUCH AS WORK GLOVES, GENERATORS AND CHAIN SAWS. IN ADDITION, WE OPENED THE PROPERTY WHERE THE FESTIVAL OCCURS TO HOUSE DISPLACED INDIVIDUALS AND DEBRIS REMOVAL PERSONNEL. THE FOUNDATION ALSO PARTICIPATED IN MUSICAL FUND-RAISING EVENTS FOR THE COMMUNITY HELD IN AUSTIN, TX (WITH MICHAEL MARTIN MURPHY AND LYLE LOVETT) AND SAN ANTONIO, TX (LYLE LOVETT, LOS LONELY BOYS, RECKLESS KELLY AND BRI BAGWELL). WE ALSO WORKED WITH A LOCAL PARTNER, ARCADIA LIVE, TO PRESENT A NUMBER OF SHOWS IN KERRVILLE, COMPLETELY FREE OF CHARGE TO RESIDENTS OF KERR COUNTY (SHINYRIBS, JOSH & CHRISTY GRIDER AND JAMES MCMURTRY).
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.
FORM 990, PART XI, LINE 9BOOK / TAX DEPRECIATION DIFFERENCE 4,891

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