2024-11-15T12:13:39-06:00 2023-12-31 710825859 EMRICH & SCROGGINS LLP CPA'S 920 NORTH JEFFERSON EL DORADO AR 717304621 990 2023-01-01 450831620 EL DORADO FESTIVALS & EVENTS INC ELDO 8708634547 101 EAST LOCUST STREET EL DORADO AR 71730 PAMELA GRIFFIN PRESIDENT & CEO 8708634547 2024-11-14 1 0 STACY D SCROGGINS CPA P00773646 8708626510 X 2023 2024-10-15 13:58:12Z PAMELA GRIFFIN 101 EAST LOCUST STREET EL DORADO AR 71730 6546880 0 X WWW.ELDOFEST.COM X 2011 AR THE ORGANIZATION'S MISSION IS A CELEBRATION OF SOUTHERN CULTURE & ARTS THROUGH AN ANNUAL CALENDAR OF FESTIVALS, SPECIAL EVENTS AND THEATRICAL PRODUCTIONS THAT PROVIDE THE REGION WITH AN INCREASED QUALITY OF LIFE AND GREATER SENSE OF CULTURAL APPRECIATION. 6 6 71 0 0 0 1646096 5598530 781180 722463 -10398411 134701 65131 87142 -7906004 6542836 0 0 0 0 833525 1196852 0 0 46999 1820872 3079721 2654397 4276573 -10560401 2266263 45347965 47713182 255957 328368 45092008 47384814 X THE ORGANIZATION'S VISION IS TO CREATE "THE FESTIVAL CITY OF THE SOUTH" HARBORING THE SPIRIT OF SOUTHERN ARTS, CULTURE AND THEMES BY CREATING A FESTIVAL CALENDAR OF EVENTS TO SHARE IN THE AMAZING TALENTS OF THOSE WHO CALL THE SOUTH THEIR HOME. THROUGH A GREATER ENGAGEMENT WITH THE ARTS, WE WILL INCREASE THE QUALITY OF LIFE THROUGH ENHANCEMENT OF AESTHETIC BEAUTY, CULTURAL SOCIAL OFFERINGS AND INCREASED OPENNESS WITH THE CITIZENS OF OUR GREAT CITY.SOCIETY IS MEASURED BY THE MERIT OF ITS CULTURE, AND HERE IN THE SOUTH OUR CUP RUNNETH OVER. WE ARE CELEBRATING WHO WE ARE, WHERE WE HAVE BEEN AND WHERE WE ARE GOING THROUGH A BROAD AND DIVERSE SPECTRUM OF EVENTS AND FESTIVALS THAT WILL EDUCATE OUR YOUNG, INSPIRE OUR COMMUNITY AND FOSTER ECONOMIC GROWTH AND DEVELOPMENT. 0 0 2094566 722463 THE ORGANIZATION'S MISSION IS TO CREATE AND SUSTAIN AN ARTS AND ENTERTAINMENT DESTINATION THAT ACTS AS A CATALYST FOR CULTURAL AND EDUCATIONAL CHANGE FOR THE REGION. THIS MISSION WILL BE ACCOMPLISHED THROUGH CONSTRUCTING AN ARTS AND ENTERTAINMENT DISTRICT IN DOWNTOWN EL DORADO, ARKANSAS AND PROGRAMMING THIS DISTRICT WITH AN ANNUAL CALENDAR OF EVENTS. THE ORGANIZATION COMPLETED PHASE 1 OF THE CONSTRUCTION AND STARTED CONDUCTING ARTS AND ENTERTAINMENT EVENTS IN SEPTEMBER 2017. 2094566 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 44 0 1 71 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 AR X THE ORGANIZATION 8708634547 101 EAST LOCUST STREET EL DORADO AR 71730 BRETT WILLIAMSON MEMBER 1.00 X 0 0 0 STEVE CAMERON MEMBER 0.50 X 0 0 0 CLAIBORNE P DEMING MEMBER 0.50 X 0 0 0 R MADISON MURPHY MEMBER 0.50 X 0 0 0 R ANDREW CLYDE MEMBER 0.50 X 0 0 0 TERRY C STEWART MEMBER 0.50 X 0 0 0 PAMELA K GRIFFIN PRESIDENT/CEO/TREASURER 40.00 X 207500 0 0 207500 0 0 1 0 1 0 0 56900 320000 5221630 5598530 MUSIC PROGRAMS 711300 722463 722463 722463 130245 130245 87142 0 87142 87142 87142 8500 4044 4456 4456 4456 6542836 722463 0 221843 207500 124500 62250 20750 817420 492479 305382 19559 97189 58504 34868 3817 74743 44976 26894 2873 378 -242 620 27453 27453 309354 309194 160 106810 84020 22790 20559 6910 13649 35580 23699 11881 612271 592998 19273 13073 1628 11445 1377477 1377477 202807 202807 FOOD COST OF GOODS SOLD 192757 192757 EVENT EXPENSES 127008 127008 SUPPLIES & POSTAGE 25929 20119 5810 PRODUCTION EXPENSES 12765 12765 15500 3251 12249 4276573 2094566 2135008 46999 897323 1789206 48524 23510 299383 291039 14501 14141 133143 228693 49529783 10219354 40582125 39310429 3010250 695712 290000 5287736 72716 72716 45347965 47713182 110242 134427 4592 63372 141123 130569 255957 328368 X 45092008 42380878 5003936 45092008 47384814 45347965 47713182 X 2266263 26542 1 X 0 1 X 1 0 X 5526546 1900604 4284894 1646096 5598530 18956670 315058 111367 443951 812158 722463 2404997 5841604 2011971 4728845 2458254 6320993 21361667 0 0 0 21361667 16309 14517 28906 71187 243929 374848 16309 14517 28906 71187 243929 374848 5857913 2026488 4757751 2529441 6564922 21736515 0.98280 0.99470 0.01720 0.00530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5000000 3936 5003936 0 0 116313 116313 40302920 6496693 33806227 4201999 3722661 479338 4908551 4908551 39310429 283800 C ENDOWMENT 5003936 C 5287736 OTHER ACCRUED LIABILITIES 18635 ACCRUED PROPERTY TAXES 111934 130569 X 6569378 26542 26542 6542836 0 6542836 4276573 0 4276573 0 4276573 PART X, LINE 2: THE ORGANIZATION IS AN ARKANSAS NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT IS UNRELATED TO ITS EXEMPT PURPOSES. THE ORGANIZATION WHOLLY OWNS GRIFFIN PROPERTIES, LLC WHICH IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME AND HAS ELECTED TO BE TAXED AS A FOR-PROFIT CORPORATION. AT DECEMBER 31, 2023, THE ORGANIZATION AND ITS SUBSIDIARIES HAD NO TAX LIABILITY RELATED TO UNRELATED BUSINESS ACTIVITY. WHEN THE TAX LAW REQUIRES INTEREST TO BE PAID ON AN UNDERPAYMENT OF INCOME TAXES, THE ORGANIZATION BEGINS RECOGNIZING INTEREST EXPENSE IN THE FIRST PERIOD THE INTEREST WOULD BEGIN ACCRUING ACCORDING TO THE PROVISIONS OF THE RELEVANT TAX LAW. ANY INTEREST ACCRUED IS RECOGNIZED AS INTEREST EXPENSE. NO PENALTIES AND INTEREST ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 PAMELA K GRIFFIN PRESIDENT/CEO/TREASURER 207500 0 0 0 0 0 0 0 0 0 207500 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS CLAIBORNE DEMING AND MADISON MURPHY SERVE TOGETHER ON THE BOARDS OF DIRECTORS FOR TWO PUBLICLY TRADED COMPANIES. ANDREW CLYDE IS CEO OF ONE OF THE COMPANIES AND ALSO SERVES ON THE BOARD OF DIRECTORS OF THAT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 AND A QUESTION/ANSWER TIME IS PROVIDED AT THE FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DETERMINES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES TO ALL INTERESTED PARTIES UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 1. 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