FESTIVAL IN THE PARK OF DANVILLE INC

EIN: 541389725 501(c)(3) Arts, Culture & Humanities

DANVILLE, VA

Total Revenue
$55,049
Total Expenses
$54,294
Total Assets
$41,053
Net Assets
$41,053
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
VA
Principal Officer
DEBRA DOCKERY
Phone
4347995150
Tax Period
2023-01-01 to 2023-12-31

FESTIVAL IN THE PARK OF DANVILLE INC, founded in 1974, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $50K in total revenue in fiscal year 2017. Revenue decreased 10% compared to the prior year.

Mission

PROMOTE COMMUNITY AWARENESS OF LOCAL CRAFTS AND ARTISTIC CREATIONS MADE BY LOCAL ARTISTS THROUGH A CELEBRATION OF THE ARRIVAL OF THE SPRING SEASON.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $48,633
Investment Income $0
Other Revenue $6,416
TOTAL REVENUE $55,049

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,085
Other Expenses $54,294
TOTAL EXPENSES $54,294

Year-over-Year Comparison

2023 2022 Change
Revenue $55,049 $50,077 +0.1%
Expenses $54,294 $46,041 +0.2%
Net Income $755 $4,036 -0.8%
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
14
Independent Members
14
Employees
N/A
Volunteers
N/A

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
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIANA BILL DIRECTOR 0.50
Director
$0 $0 $0
DEBRA DOCKERY VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
CHRIS ELLIOT TREASURER 0.50
Officer Director
$0 $0 $0
SHELBY IRVING DIRECTOR 0.50
Director
$0 $0 $0
TAMEKA HAIRSTON DIRECTOR 0.50
Director
$0 $0 $0
LAURA JEFFERSON DIRECTOR 0.50
Director
$0 $0 $0
MAGGIE LINEBERRY DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER MILLER DIRECTOR 0.50
Director
$0 $0 $0
BERNICE MOORE SECRETARY 0.50
Officer Director
$0 $0 $0
LC MOORE DIRECTOR 0.50
Director
$0 $0 $0
SHAWN TERRY PRESIDENT 0.50
Officer Director
$0 $0 $0
TERRELL WOODS DIRECTOR 0.50
Director
$0 $0 $0
JASON BOOKHEIMER DIRECTOR 0.50
Director
$0 $0 $0
PIEROTTI TRAVIS DIRECTOR 0.50
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
2023 $55,049 $54,294 $41,053 $755
2022 $50,077 $46,041 $40,298 $4,036
2021 No data $637 $36,262 No data
2020 No data $2,564 $36,899 No data
2019 $53,442 $42,831 $39,463 $10,611
2018 $45,990 $48,667 $28,852 $-2,677
2017 $49,691 $53,625 $31,529 $-3,934
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