REDWOOD COAST MUSIC FESTIVALS INC

EIN: 680288157 501(c)(3) Unknown

EUREKA, CA

Total Revenue
$279,291
Total Expenses
$289,379
Total Assets
$92,079
Net Assets
$90,012
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
DEB ALLEN
Phone
7074453378
Tax Period
2024-01-01 to 2024-12-31

REDWOOD COAST MUSIC FESTIVALS INC, founded in 1993, is a small nonprofit in the Unknown sector that reported $279K in total revenue in fiscal year 2024.

Mission

TO ORGANIZE, PROMOTE, AND PRESENT MUSIC-BASED FESTIVALS AND EVENTS THAT STIMULATE THE LOCAL ECONOMY, ENHANCE TOURISM IN THE HUMBOLDT BAY REGION, SUPPORT YOUTH MUSIC EDUCATION AND SENIOR PROGRAMS, AND PROMOTE INTER-GENERATIONAL AND MULTI-CULTURAL OPPORTUNITIES THROUGH MUSIC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $117,990
Program Service Revenue $158,477
Investment Income $207
Other Revenue $2,617
TOTAL REVENUE $279,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $280,512
Other Expenses $289,379
TOTAL EXPENSES $289,379

Year-over-Year Comparison

2024 2023 Change
Revenue $279,291 $261,520 +0.1%
Expenses $289,379 $247,973 +0.2%
Net Income $-10,088 $13,547 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
50

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YVONNE COONEY BOARD MEMBER 0.50
Director
$0 $0 $0
GEORGE COONEY BOARD MEMBER 0.50
Director
$0 $0 $0
LYNN MCKENNA BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN DANEL BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN CHRISTIE BOARD MEMBER 0.50
Director
$0 $0 $0
MATT NIESEN BOARD MEMBER 0.50
Director
$0 $0 $0
BILL MOEHNKE BOARD MEMBER 0.50
Director
$0 $0 $0
TERESA GOODLIN BOARD MEMBER 0.50
Director
$0 $0 $0
PAUL DE MARK BOARD MEMBER 0.50
Director
$0 $0 $0
PETE RASMUSSEN BOARD MEMBER 0.50
Director
$0 $0 $0
FRANK SHAW BACIK BOARD MEMBER 0.50
Director
$0 $0 $0
JESSECA WAGGONER BOARD MEMBER 0.50
Director
$0 $0 $0
MARK JANSEN DIRECTOR 10.00
Officer
$0 $0 $0
DEB ALLEN PRESIDENT 10.00
Officer
$0 $0 $0
JACE BALDOSSER VICE PRESIDENT 10.00
Officer
$0 $0 $0
SUE ALTON SECRETARY 10.00
Officer
$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 $279,291 $289,379 $92,079 $-10,088
2023 $261,520 $247,973 $102,366 $13,547
2022 $189,390 $217,124 $95,737 $-27,734
2021 $59,097 $19,621 $115,781 $39,476
2020 $57,787 $15,415 $86,400 $42,372
2019 $214,429 $239,716 $45,580 $-25,287
2018 $206,270 $211,025 $73,689 $-4,755
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