WATERFOWL FESTIVAL INC

EIN: 521978671 501(c)(3)

Easton, MD

Total Revenue
$81,251
Total Expenses
$187,248
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MD
Principal Officer
KENNETH MILLER
Phone
4108224567
Tax Period
2021-01-01 to 2021-06-30

WATERFOWL FESTIVAL INC, founded in 1996, is a micro nonprofit that reported $81K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $187K exceeded revenue, resulting in a 130% operating deficit.

Mission

WATERFOWL FESTIVAL INC. IS DEDICATED TO WILDLIFE CONSERVATION, THE PROMOTION OF WILDLIFE ART, AND THE CELEBRATION OF LIFE ON MARYLANDS EASTERN SHORE.

Program Service Accomplishments

Program 1
Expenses: $182,359 Revenue: $66,239

CONTINUING THE TRADITION OF THE LONGEST-RUNNING EVENT OF ITS KIND, THE 2019 WATERFOWL FESTIVAL OFFERED ADULTS AND CHILDREN AN EXPLORATION INTO WILDLIFE, FOLK AND TRADITIONAL ARTWORKS THAT EXEMPLIFY...

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CONTINUING THE TRADITION OF THE LONGEST-RUNNING EVENT OF ITS KIND, THE 2019 WATERFOWL FESTIVAL OFFERED ADULTS AND CHILDREN AN EXPLORATION INTO WILDLIFE, FOLK AND TRADITIONAL ARTWORKS THAT EXEMPLIFY THE CULTURAL HERITAGE OF THE CHESAPEAKE BAY REGION. THE EVENT HAS ATTRACTED ON AN ANNUAL BASIS UP TO 19,000 ATTENDEES AND PRODUCED AN ESTIMATED ECONOMIC IMPACT OF MORE THAN 6 MILLION ON TALBOT COUNTY. DURING THE FESTIVAL, HISTORIC AND CONTEMPORARY BUILDINGS SERVE AS VENUES FOR ART AND CULTURAL EXHIBITS SHOWCASING THE WORKS OF OVER 300 EXHIBITORS. FOOD, MUSIC, RETRIEVER AND OTHER DEMONSTRATIONS, AS WELL AS ART AND NATURE ACTIVITIES FOR CHILDREN ARE ALSO FEATURED. RENOWNED FOR THE QUALITY OF ITS ART AND THE BREADTH OF ITS ACTIVITIES, THE WATERFOWL FESTIVAL EVENT DRAWS ARTISTS AND VISITORS FROM AROUND THE WORLD. IN EARLY 2021, THE BOARD VOTED TO MERGE THE FESTIVALS OPERATIONS INTO ITS AFFILIATE ORGANIZATION, WATERFOWL CHESPEAKE INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $9,750
Program Service Revenue $66,239
Investment Income $5
Other Revenue $5,257
TOTAL REVENUE $81,251

Expense Breakdown

Grants Paid $142,171
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $182,359
Other Expenses $45,077
TOTAL EXPENSES $187,248

Year-over-Year Comparison

2020 2019 Change
Revenue $81,251 $107,218 -0.2%
Expenses $187,248 $108,782 +0.7%
Net Income $-105,997 $-1,564 +66.8%
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
16
Independent Members
16
Employees
N/A
Volunteers
16

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
7
$78,438
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET ENLOE EXECUTIVE DIRECTOR 025.00
Officer
$0 $8,359 $78,438
KEVIN GREANEY PRESIDENT 001.00
Officer Director
$0 $0 $0
TEDDY HOOVER VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
KENNETH MILLER VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
CATHY FAWELL SECRETARY 001.00
Officer Director
$0 $0 $0
PATRICIA CRANE MEMBER 001.00
Director
$0 $0 $0
CHARLES WRIGHTSON TREASURER 001.00
Officer Director
$0 $0 $0
DANNY MORRIS MEMBER 001.00
Director
$0 $0 $0
KIM NEWCOMB MEMBER 001.00
Director
$0 $0 $0
DAWN RYAN MEMBER 001.00
Director
$0 $0 $0
ERIC MILHOLLAN MEMBER 001.00
Director
$0 $0 $0
CARL TREAT MEMBER 001.00
Director
$0 $0 $0
DAVE READMOND MEMBER 001.00
Officer Director
$0 $0 $0
NICK SHAJWANI MEMBER 001.00
Director
$0 $0 $0
DAVE TYLER MEMBER 001.00
Director
$0 $0 $0
MARTHA HORNER MEMBER 001.00
Director
$0 $0 $0
JESSE HIGHLING MEMBER 001.00
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
2021 $81,251 $187,248 No data $-105,997
2020 $107,218 $108,782 $111,902 $-1,564
2019 $930,959 $932,679 $212,782 $-1,720
2018 $1,011,508 $1,027,408 $268,899 $-15,900
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