2024-07-17T16:26:19-04:00 2023-09-30 273238017 LUCAS GROUP CPAS ADVISORS LLC 1617 TEMPLE LANE ROCKFORD IL 61112 990 2022-10-01 237198026 PHANTOM REGIMENT INC PHAN 8152262835 5608 INTERNATIONAL DRIVE ROCKFORD IL 61109 KELLY COUVELAIRE TREASURER 8152262835 2024-02-13 true KELLY COUVELAIRE 999009999 false MARK OLSON P00998832 8152359610 2024-07-16 2022 2023-04-26 12:10:37Z KELLY COUVELAIRE 5608 INTERNATIONAL DRIVE ROCKFORD IL 61109 2777573 false X WWW.REGIMENT.ORG X 1956 IL 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. 20 20 5 146 0 1810359 812402 1242892 1426969 939 14343 116385 268443 3170575 2522157 0 0 168363 135954 0 151915 2491186 2559977 2659549 2695931 511026 -173774 2015777 1922368 547508 600357 1468269 1322011 X 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. false false 2244743 1175733 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. 79877 62361 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. 850 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. 188025 PHANTOM REGIMENT ACADEMY OFFERS BOTH IN-PERSON AND VIRTUAL TRAINING OPPORTUNITIES WITH SOME OF THE BEST MARCHING ARTS EDUCATORS IN THE WORLD. 188025 2324620 true true false false false false false false false true true false false true true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 107 0 true 5 true false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false IL X X X KELLY COUVELAIRE 8152262835 5608 INTERNATIONAL DRIVE ROCKFORD IL 61109 TIM FARRELL DIRECTOR 1.00 X 27169 0 0 TODD SNEAD FORMER CEO 50.00 X 12000 0 0 AMANDA HAMAKER CEO 50.00 X 10769 0 0 MISSY JENKINS DIRECTOR 1.00 X 3855 0 0 EMILY BARCLAY SECRETARY 2.00 X X 0 0 0 ED COLLINS DIRECTOR 1.00 X 0 0 0 KELLY COUVELAIRE TREASURER 5.00 X X 0 0 0 JIM DEVINE DIRECTOR 1.00 X 0 0 0 JENNIFER DUENKE DIRECTOR 1.00 X 0 0 0 JEFF HASSAN PRESIDENT 5.00 X X 0 0 0 JOE HICKEY DIRECTOR 1.00 X 0 0 0 ROBIN LANNING VICE PRESIDE 2.00 X X 0 0 0 GREG NEWELL DIRECTOR 1.00 X 0 0 0 AARON OZMINSKI DIRECTOR 1.00 X 0 0 0 MARK PATTERSON DIRECTOR 1.00 X 0 0 0 BARB PELAN DIRECTOR EME 1.00 X 0 0 0 RON SCHULZ DIRECTOR EME 1.00 X 0 0 0 BRANDON STANSBURY DIRECTOR 1.00 X 0 0 0 JOE TAYLOR DIRECTOR 1.00 X 0 0 0 RYAN TYSDAL DIRECTOR 1.00 X 0 0 0 KATHY VIGNA DIRECTOR EME 1.00 X 0 0 0 JIM WREN DIRECTOR EME 1.00 X 0 0 0 53793 false false false 45000 767402 430641 812402 PARTICIPANT FEES 711130 1080757 1080757 APPEARANCE FEES 711130 185255 185255 PERFORMANCE TICKET SALES 711130 160957 160957 1426969 6933 6933 12201 4791 7410 7410 7410 451868 250625 201243 201243 MISCELLANEOUS 711130 67200 67200 67200 2522157 1635622 74133 53793 53793 69830 29466 25667 14697 2998 1003 1995 9333 2558 6775 31100 10366 15550 5184 5801 1934 2900 967 10551 8673 1878 196470 126486 16190 53794 48698 34088 9740 4870 738685 721910 3672 13103 25120 25120 79883 79883 37473 31952 5407 114 STAFF FEES 530497 435905 56942 37650 EQUIPMENT PROVIDED BY SPO 430641 430641 MEALS 190567 175915 14652 SUPPLIES 104113 104113 130378 75934 47560 6884 2695931 2324620 219396 151915 1100170 469568 60327 67242 41689 64285 3001 35334 1163864 319331 451868 844533 154249 161341 204473 280065 2015777 1922368 79863 34862 20350 67359 447295 449760 48376 547508 600357 X 1259449 1090322 208820 231689 1468269 1322011 2015777 1922368 -173774 27516 X false true X true false X 235585 463056 424787 975501 812402 2911331 978997 314170 696166 1565925 1878837 5434095 1214582 777226 1120953 2541426 2691239 8345426 12 12 12 12 8345414 241 16 939 6933 8129 241 16 939 6933 8129 154466 45748 200214 37247 46748 6998 12550 67200 170743 1406295 869963 1127967 2554915 2765372 8724512 0.95650 0.93820 0.00000 0.00000 X PART III, LINE 12 170,743 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 204473 27216 231689 269639 -48562 16604 204473 250133 35762 16256 269639 246301 19296 15464 250133 253556 6443 13698 246301 1.00000 true false 1163864 319331 844533 844533 BENEFICIAL INTEREST IN TRUST 231689 RIGHT-OF-USE ASSETS - OPERATING LEAS 48376 280065 OPERATING LEASE LIABILITY 48376 48376 X 2549673 27516 27516 2522157 2522157 2695931 2695931 2695931 SCHEDULE D, PAGE 2, PART V, LINE 4 THE INCOME FROM THE FUNDS IN THE PERPETUAL TRUST WILL BE USED TO FURTHER THE ORGANIZATION'S MISSION. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD CLARIFYING THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBING A RECOGNITION THRESHOLD OF "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS NOT BEEN MET. THIS GUIDANCE ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURES AND TRANSITION. THE ORGANIZATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE (OR REFLECT) ANY UNCERTAIN TAX POSITIONS. X 15 430641 FAIR MARKET VALUE false false false FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PAGE 2, PART III, LINE 4B 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. FORM 990, PAGE 2, PART III, LINE 4D PHANTOM REGIMENT ACADEMY OFFERS BOTH IN-PERSON AND VIRTUAL TRAINING OPPORTUNITIES WITH SOME OF THE BEST MARCHING ARTS EDUCATORS IN THE WORLD. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF THE RETURN IS SUBMITTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND IF APPROPRIATE, THEY RECOMMEND TO THE BOARD OF DIRECTORS THAT THEY APPROVE THE RETURN FOR FILING. A COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND IS APPROVED PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY AT THE FIRST MEETING OF A NEW BOARD OF DIRECTORS THE CONFLICT OF INTEREST POLICY IS REVIEWED AND ANY KNOWN CONFLICTS ARE DISCUSSED AT THAT TIME. FORM 990, PAGE 6, PART VI, LINE 15A AN AD HOC COMMITTEE OF THE BOARD OF DIRECTORS COMPLETES AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND AS PART OF THAT PROCESS SETS THE ANNUAL COMPENSATION AND BENEFITS WITH KNOWLEDGE OF COMPENSATION OF SIMILAR SIZE ORGANIZATIONS IN OUR ACTIVITY AND IN THE GEOGRAPHIC AREA WHERE THE ORGANIZATION IS HEADQUARTERED. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO ANY INTERESTED PARTY DURING NORMAL BUSINESS HOURS AT THE OFFICES OF THE ORGANIZATION. REQUESTS OTHER THAN AT THE ORGANIZATION'S OFFICE WILL ALSO BE ACCEPTED.