PHANTOM REGIMENT INC

EIN: 237198026 501(c)(3) Arts, Culture & Humanities

ROCKFORD, IL

Total Revenue
$2,960,707
Total Expenses
$3,051,411
Total Assets
$1,871,604
Net Assets
$1,250,066
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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
IL
Principal Officer
KELLY COUVELAIRE
Phone
8152262835
Tax Period
2023-10-01 to 2024-09-30

PHANTOM REGIMENT INC, founded in 1956, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

PHANTOM REGIMENT'S VISION IS A WORLD FULL OF EMPOWERED AND PASSIONATE LEADERS. WE ACCOMPLPISH THIS THROUGH OUR MISSION: PROVIDING LIFE-CHANGING EXPERIENCES THROUGH PERFORMING ARTS EDUCATION.

Program Service Accomplishments

Program 1

ESTABLISHED IN 1956 AS A PART OF THE ROCKFORD VFW POST 342, PHANTOM REGIMENT, INC. IS A YOUTH ORGANIZATION DEDICATED TO THE DEVELOPMENT OF SELF-ESTEEM AND SELF-RELIANCE. IT ENCOURAGES TEAMWORK...

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ESTABLISHED IN 1956 AS A PART OF THE ROCKFORD VFW POST 342, PHANTOM REGIMENT, INC. IS A YOUTH ORGANIZATION DEDICATED TO THE DEVELOPMENT OF SELF-ESTEEM AND SELF-RELIANCE. IT ENCOURAGES TEAMWORK, SPORTSMANSHIP, CIVIC PRIDE AND CONTRIBUTIONS OF ONE'S PERSONAL BEST TO A GROUP EFFORT. THESE LESSONS ARE LEARNED THROUGH A MUSICAL AND MARCHING ACTIVITY IN WHICH THERE IS A BLENDING OF THE ARTS AND ATHLETICS. PHANTOM REGIMENT PRIDES ITSELF ON PROVIDING A LIFE-CHANGING EXPERIENCE FOR THE YOUTH THAT PARTICIPATE IN ANY OF OUR PROGRAMS. WE WANT TO OFFER A CONDUIT THROUGH WHICH THEY SUCCEED NOT ONLY WITHIN THE MUSIC EDUCATION WORLD, WHICH IS ONE OF OUR PRIMARY FOCUSES, BUT ALSO PROVIDING LESSONS THEY CAN APPLY TO OTHER AREAS OF THEIR LIFE. WE PROVIDE YOUTH ACTIVITIES THAT ENHANCE THE PERSONAL GROWTH AND DEVELOPMENT OF ITS PARTICIPANTS THROUGH EXCELLENCE IN EDUCATION, ENTERTAINMENT AND THE PERFORMING ARTS. IT'S ACTIVITIES MAKE A LASTING IMPACT ON OUR STUDENTS, MANY OF WHOM CONTINUE THEIR EDUCATION AND BECOME MUSIC EDUCATORS THROUGHOUT THE COUNTRY WHILE OTHERS BECOME PROFESSIONAL MUSICIANS AND DANCERS. WE FIND THAT MANY OF OUR ACTIVITIES HAVE A LIFE-LONG IMPACT ON THE STUDENTS DUE TO THE SKILLS AND FRIENDSHIPS THEY DEVELOP WHILE PARTICIPATING IN OUR PROGRAMS. OUR PROGRAMS INCLUDE: PHANTOM REGIMENT DRUM AND BUGLE CORPS - THIS IS A PERFORMING GROUP OF 165 STUDENTS THAT RANGE IN AGE FROM 16 TO 21. WE HAVE BETWEEN 600 AND 750 STUDENTS AUDITION TO BE PART OF THE CORPS THAT REQUIRES THAT THEY ATTEND PRACTICES ONE WEEKEND A MONTH FROM DECEMBER THROUGH APRIL AND MOVE TO ROCKFORD IN MAY TO LEARN THAT YEAR'S PROGRAM FOR THREE WEEKS BEFORE EMBARKING ON A TWO MONTH TOUR OF THE UNITED STATES TO PARTICIPATE IN COMPETITIONS AND PRACTICE. THE COMPETITIVE SEASON ENDS IN MID-AUGUST IN INDIANAPOLIS WHERE THE DRUM CORPS INTERNATIONAL WORLD CHAMPIONSHIPS ARE HELD. THE DRUM CORPS HAS THE 2ND LONGEST ACTIVE STREAK OF APPEARING IN DCI'S TOP 12 AND HAS WON THE CHAMPIONSHIP IN 1996 AND 2008. PUBLIC SCHOOL OUTREACH - THE ORGANIZATION PROVIDES ASSISTANCE IN THE FORM OF LENDING INSTRUMENTS AND INTRODUCING STUDENTS TO MUSIC. BUDGET CUTS IN MANY OF OUR LOCAL SCHOOL DISTRICTS HAVE RESULTED IN THE REDUCTION OR ELIMINATION OF MUSIC PROGRAMS. PHANTOM REGIMENT HAS ALSO PROVIDED CLINICIANS AND CONDUCTORS FOR THE CITY OF ROCKFORD'S ALL-STAR AND HONOR BAND CONCERTS. WE FEEL THAT MUSIC EDUCATION IS ESSENTIAL TO A WELL-ROUNDED STUDENT AND MANY STUDIES HAVE DOCUMENTED THE POSITIVE RELATIONSHIP BETWEEN BEING INVOLVED IN MUSIC AND MATH AND SCIENCE SCORES. HIGH & MIDDLE SCHOOL CONCERT BAND FESTIVAL - PRODUCED IN CONJUNCTION WITH THE NORTHERN ILLINOIS UNIVERSITY MUSIC DEPARTMENT, THIS FESTIVAL ALLOWS SCHOOLS THE OPPORTUNITY TO PERFORM IN THE BEAUTIFUL BOUTELL MEMORIAL CONCERT HALL, ON THE CAMPUS OF NORTHERN ILLINOIS UNIVERSITY. THE FESTIVAL IS A NONCOMPETITIVE, EDUCATIONAL EVENT IN A WELCOMING ENVIRONMENT WHERE STUDENTS PERFORM ON STAGE AND RECEIVE FEEDBACK AND STATE OF THE ART AUDIO AND VIDEO RECORDINGS OF THEIR CONCERT, AS WELL AS TAKE PART IN A CLINIC WITH ONE OF THE FESTIVAL'S CLINICIANS FOLLOWING THEIR PERFORMANCE. THESE PROGRAMS WERE SLIGHTLY LIMITED DUE TO THE COVID-19 PANDEMIC DURING THE SUMMER OF 2021, BUT OUR MISSION WAS STILL FULFILLED.

Program 2

EDUCATIONAL CAMPS - PHANTOM REGIMENT HAS BEEN PRODUCING SUMMER EDUCATIONAL CAMPS SINCE 2003. WE HOLD CAMPS FOR DRUM MAJOR, BRASS, PERCUSSION AND COLOR GUARD. THESE 3 OR 4-DAY CAMPS ARE HELD...

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EDUCATIONAL CAMPS - PHANTOM REGIMENT HAS BEEN PRODUCING SUMMER EDUCATIONAL CAMPS SINCE 2003. WE HOLD CAMPS FOR DRUM MAJOR, BRASS, PERCUSSION AND COLOR GUARD. THESE 3 OR 4-DAY CAMPS ARE HELD THROUGHOUT THE UNITED STATES AND ARE ATTENDED BY HIGH SCHOOL STUDENTS THAT WANT TO IMPROVE THEIR SKILLS. THE EDUCATIONAL CAMP STAFF IS MADE UP OF SOME OF THE BEST HIGH SCHOOL AND COLLEGE BAND DIRECTORS FROM AROUND THE COUNTRY, MOST OF WHOM ARE CURRENT OR FORMER MEMBERS OF THE PHANTOM REGIMENT INSTRUCTIONAL STAFF. OUR EDUCATIONAL CAMP STUDENTS GET AN INTENSE, HANDS-ON EXPERIENCE THAT GENERALLY INCLUDES INTERACTIVE SESSION WITH THE DRUM CORPS. SURVEYS OF THE CAMP STUDENTS HAVE SHOWN THAT THE EDUCATION AND EXPERIENCE THEY'VE GAINED AT ONE OF OUR CAMPS HAVE HELPED THEM BECOME BETTER PERFORMERS AND LEADERS BACK AT THEIR HIGH SCHOOL PROGRAMS.

Program 3

THE ROCKFORD RHYTHM WAS FORMED IN THE SUMMER OF 2016 IN COOPERATION WITH THE ROCKFORD SYMPHONY ORCHESTRA AND THE ROCKFORD PUBLIC SCHOOLS. THE PROGRAM IS A COMMUNITY DRUMLINE THAT STRIVES TO EXTEND...

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THE ROCKFORD RHYTHM WAS FORMED IN THE SUMMER OF 2016 IN COOPERATION WITH THE ROCKFORD SYMPHONY ORCHESTRA AND THE ROCKFORD PUBLIC SCHOOLS. THE PROGRAM IS A COMMUNITY DRUMLINE THAT STRIVES TO EXTEND OUR EXPERIENCE IN THE ARTS EDUCATION TO ALL YOUTH AND ESPECIALLY THE UNDERSERVED YOUTH COMMUNITY IN THE CITY OF ROCKFORD. THE GROUP IS MADE UP OF MEMBERS (IN NUMBERS RANGING FROM 12-20) AND 4 VOLUNTEERS. PARTICIPANTS RANGE IN AGE FROM SIX GRADE TO TWELFTH GRADE. THE GROUP PERFORMS AT LOCAL COMMUNITY EVENTS AND PARADES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $753,717
Program Service Revenue $1,839,335
Investment Income $9,996
Other Revenue $357,659
TOTAL REVENUE $2,960,707

Expense Breakdown

Grants Paid $0
Salaries & Benefits $318,390
Fundraising Expenses $261,927
Program Expenses $2,492,575
Other Expenses $2,733,021
TOTAL EXPENSES $3,051,411

Year-over-Year Comparison

2023 2022 Change
Revenue $2,960,707 $2,522,157 +0.2%
Expenses $3,051,411 $2,695,931 +0.1%
Net Income $-90,704 $-173,774 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
4
Volunteers
129

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
20
$27,956
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF HASSAN PRESIDENT 2.00
Officer Director
$0 $0 $0
ROBIN LANNING VICE PRESIDE 2.00
Officer Director
$0 $0 $0
EMILY BARCLAY SECRETARY 2.00
Officer Director
$0 $0 $0
KELLY COUVELAIRE TREASURER 5.00
Officer Director
$0 $0 $0
CHRIS BARBER DIRECTOR 1.00
Director
$0 $0 $0
JIM DEVINE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER DUENKE DIRECTOR 1.00
Director
$0 $0 $0
TIM FARRELL DIRECTOR 1.00
Director
$27,956 $0 $27,956
JOE HICKEY DIRECTOR 1.00
Director
$0 $0 $0
MISSY JENKINS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HILDRETH DIRECTOR 1.00
Director
$0 $0 $0
GREG NEWELL DIRECTOR 1.00
Director
$0 $0 $0
AARON OZMINSKI DIRECTOR 1.00
Director
$0 $0 $0
MARK PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
BRANDON STANSBURY DIRECTOR 1.00
Director
$0 $0 $0
RYAN TYSDAL DIRECTOR 1.00
Director
$0 $0 $0
BARB PELAN DIRECTOR EME 1.00
Director
$0 $0 $0
RON SCHULZ DIRECTOR EME 1.00
Director
$0 $0 $0
JIM WREN DIRECTOR EME 1.00
Director
$0 $0 $0
KATHY VIGNA DIRECTOR EME 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,960,707 $3,051,411 $1,871,604 $-90,704
2023 $2,522,157 $2,695,931 $1,922,368 $-173,774
2022 $3,170,575 $2,659,549 $2,015,777 $511,026
2021 $1,379,502 $887,788 $1,306,729 $491,714
2020 $829,110 $769,043 $990,727 $60,067
2019 $1,396,623 $1,549,619 $700,815 $-152,996
2018 $1,297,520 $1,498,541 $855,669 $-201,021
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