2024-11-12T13:36:57-06:00 2023-12-31 050392605 MULLEN SCORPIO & CERILLI 67 CEDAR STREET PROVIDENCE RI 02903 990 2023-01-01 222951612 WATERFIRE PROVIDENCE WATE 4012731155 475 VALLEY STREET PROVIDENCE RI 02908 BARNABY EVANS EXECUTIVE ARTISTIC DIRECTOR & COCEO 4012731155 2024-11-12 1 0 PATRICIA M CERILLI P01598123 4017513860 2024-11-12 2023 2024-10-15 13:58:12Z BARNABY EVANS 475 VALLEY STREET PROVIDENCE RI 02908 3354920 0 X WWW.WATERFIRE.ORG X 1988 RI WATERFIRE PROVIDENCE (R) MISSION IS TO INSPIRE PROVIDENCE AND ITS VISITORS BY REVITALIZING THE URBAN EXPERIENCE, FOSTERING COMMUNITY ENGAGEMENT AND CREATIVELY TRANSFORMING THE CITY BY PRESENTING WATERFIRE FOR ALL TO ENJOY. 17 15 91 367 -22241 0 3209349 2300460 63092 83203 90361 101861 378682 483004 3741484 2968528 0 0 0 0 1758336 2223736 0 0 492341 1775440 1635810 3533776 3859546 207708 -891018 10736189 9867256 1827338 1920469 8908851 7946787 X AN ARTS ORGANIZATION THAT INSPIRES PROVIDENCE AND ITS VISITORS BY REVITALIZING THE URBAN EXPERIENCE, FOSTERING COMMUNITY ENGAGEMENT AND CREATIVELY TRANSFORMING THE CITY BY PRESENTING WATERFIRE. 0 0 2748647 WATERFIRE PROVIDENCE MANAGES AND ORGANIZES WATERFIRE, A LARGE PUBLIC ART INSTALLATION/EVENT. IN CALENDAR 2023, WATERFIRE PRODUCED 12 LIGHTINGS EVENTS, 5 PARTIALS AND 7 FULL FIRES. ALSO, PRODUCED FOUR OF ITS NEWEST ACTIVATIONS ON THE PEDESTRIAN BRIDGE TITLED " STARTS AT SUNSET" WATERFIRE DRAWS BETWEEN 10,000 AND 100,000 SPECTATORS INTO DOWNTOWN PROVIDENCE, RI EACH EVENING AND APPROX 1,000,000 OVER THE COURSE OF THE SEASON FROM MAY TO DECEMBER. MORE THAN 50% OF ATTENDEES TRAVEL FROM OUT OF STATE SPECIFICALLY TO EXPERIENCE WATERFIRE AND CREATE A SIGNIFICANT ECONOMIC IMPACT IN THEIR WAKE. WATERFIRE PROVIDENCE GENERATES $114 MILLION OF ECONOMIC IMPACT FOR LOCAL BUSINESSES AND $9 MILLION OF DIRECT TAX REVENUE FOR THE STATE OF RI AND SUPPORTS 1,294 ADDITIONAL JOBS FOR RESIDENTS. WATERFIRE SECURES MILLIONS OF DOLLARS OF TRADITIONAL AND NEW MEDIA VALUE PAINTING PROVIDENCE IN A POSITIVE LIGHT EACH YEAR MAKING RI A TOP INTERNATIONAL CULTURAL TOURISM DESTINATION. IN 2018, WATERFIRE MOVED INTO THE WATERFIRE ARTS CENTER, THE ORGANIZATION'S FIRST PERMANENT VISIBLE HOME IN THE COMMUNITY AND A MULTI-USE ARTS VENUE THAT HOSTS EXHIBITIONS, PERFORMANCES, EVENTS AND EDUCATIONAL PROGRAMS OPEN TO THE PUBLIC. 2748647 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 0 0 1 0 0 0 1 1 0 1 0 1 39 0 1 91 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 4012731155 475 VALLEY STREET PROVIDENCE RI 02908 JUDITH BENTKOVER DIRECTOR 1.00 X 0 0 0 BARRY FAIN DIRECTOR 1.00 X 0 0 0 RICK SIMONE DIRECTOR 1.00 X 0 0 0 BARNABY M EVANS EXECUTIVE ARTISTIC DIRECTOR AND CO-CEO 40.00 X 306707 0 0 SEAN HOLLEY DIRECTOR 1.00 X 0 0 0 ERICA GUATIERI CHAIR 1.00 X X 0 0 0 CHARLES MEYERS DIRECTOR 1.00 X 0 0 0 ROBERT A WALSH JR DIRECTOR 1.00 X 0 0 0 CHARLES NEWTON VICE CHAIR 1.00 X X 0 0 0 ANN SCOTT DIRECTOR 1.00 X 0 0 0 PETER A MELLO CEO 40.00 X 160093 0 15536 LIU WANG TREASURER 1.00 X 0 0 0 JAMES PRESCOTT VICE CHAIR 1.00 X X 0 0 0 KATE BRAMSON VICE CHAIR 1.00 X X 0 0 0 MICHAEL BROSTEK SECRETARY 1.00 X X 0 0 0 KRISTEN ADAMO DIRECTOR 1.00 X 0 0 0 JOE WILSON JR DIRECTOR 1.00 X 0 0 0 PAUL KOCHANEK DIRECTOR EVENTS & OPERATIO 40.00 X 121421 0 3941 588221 0 19477 3 0 1 0 0 60101 256500 580000 1403859 2300460 VENDING INCOME 711190 83203 83203 83203 101861 101861 406604 247868 158736 158736 158736 107520 60101 11208 96312 96312 200404 127316 73088 73088 SPECIAL PROJECTS 711190 106793 106793 OTHER 711190 70316 70316 INVESTMENTS LOSS 711190 -22241 -22241 154868 2968528 492136 -22241 198173 308544 219207 45598 43739 1703757 1210440 251797 241520 47351 33640 6998 6713 164084 116574 24250 23260 70926 70926 65821 63902 979 940 106504 26623 53254 26627 321390 156563 84130 80697 37465 37465 51256 51256 225736 206049 11484 8203 EVENT EXPENSE 218374 218374 SPECIAL PROJECTS 151088 151088 DEVELOPMENT EXPENSE 54143 54143 BRAZIER SOCIETY EXPENSE 52550 52550 280557 242381 31677 6499 3859546 2748647 618558 492341 1407947 646192 313381 220252 5454394 32896 28142 36356 53475 1623059 815852 748852 807207 2723573 8104159 18790 7829 10736189 9867256 649783 588253 64342 97364 968355 1050000 144858 184852 1827338 1920469 X 8718176 7756112 190675 190675 8908851 7946787 10736189 9867256 X -891018 -71046 X X 0 1 X 1 0 X 4110711 1016833 2324590 3178236 2240359 12870729 4110711 1016833 2324590 3178236 2240359 12870729 12870729 397403 161632 298217 195524 101861 1154637 9390 12263 11569 13892 70316 117430 14142796 331312 0.91010 0.90600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 15000 15000 3000 750 0 12000 0 3000 3000 6000 9000 15000 15000 30000 750 750 1500 2250 262905 262905 166322 49044 117278 343122 23350 319772 791732 686979 104753 58978 56479 2499 807207 INVESTMENT IN RELATED ORGANIZATIONS 5514089 C DUE FROM RELATED ORGANIZATION 2590070 C 8104159 ACCRUED VACATION 177023 LEASE LIABILITY 7829 184852 X 3542922 259048 386392 645440 2897482 71046 71046 2968528 4504986 259048 386392 645440 3859546 0 3859546 PART X, LINE 2: THE CORPORATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING GUIDANCE FOR CONTINGENCIES AS CONTAIANED IN US GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE CORPORATION WAS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WERE NOT PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 127,316. DIRECT FUNDRAISING EXPENSE 11,208. RENTAL EXPENSE 247,868. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY EXPENSES 71,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 127,316. DIRECT FUNDRAISING EXPENSE 11,208. RENTAL EXPENSE 247,868. X X X FIREBALL 105344 105344 11208 BRAZIER SOCIAL 60101 60101 1 2176 2176 167621 60101 107520 11208 11208 96312 0 0 0 0 0 0 0 0 0 BARNABY M EVANS EXECUTIVE ARTISTIC DIRECTOR AND CO-C 132915 0 0 0 173792 0 0 0 0 0 306707 0 0 0 PETER A MELLO CEO 160093 0 0 0 0 0 0 0 15536 0 175629 0 0 0 SCHEDULE J, PART II, BARNABY EVANS (1) (III) EXPLAINED IN JAN OF 2023 WATERFIRE OWED EVANS $400,804.11 IN UNPAID ARTIST FEES, ROYALTIES, AND INTEREST FROM 2016 THRU 2022. IN EXCHANGE FOR A PARTIAL PAYMENT OF $173,792.00 TOWARDS THIS DEBT TO EVANS, EVANS GIFTED TO WATERFIRE $84,133.10 IN INTEREST OWED ON THIS DEBT, PLUS EVANS GIFTED TO WATERFIRE THE ENTIRE 2020 SEASON ARTIST FEE, ROYALTY AND EQUIPMENT RENTAL FEES ($58,575.40). THIS AMOUNTED TO A TOTAL GIFT TO WATERFIRE OF $142,798.56. BARNABY EVANS FOUNDER / ARTISTIC EXECUTIVE DIRECTOR AND COCEO ARTISTIC FEES AND ROYALTIES X 220299 0 1 1 220299 BARNABY EVANS FOUNDER / ARTISTIC EXECUTIVE DIRECTOR AND COCEO 49195 LICENSE FEES 0 BARNABY EVANS FOUNDER / ARTISTIC EXECUTIVE DIRECTOR AND COCEO 4704 ROYALTIES 0 0 0 X PUBLICITY 4 127225 FMV X BRAZIER SOCIETY EVENT VENDORS 6 106670 FMV X PUBLIC SAFETY SERVICES 1 18978 FMV X FIREBALL EVENT VENDORS 5 6175 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD, WHO REPRESENTS THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE POLICY ADOPTED IN 2009, REQUIRES ANNUAL REVIEWS FOR CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CO-CEO IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THE CHAIR OF THE BOARD. THEY CONDUCT AN INFORMAL REVIEW OF COMPENSATION AT OTHER ARTS ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS, WHO REPRESENTS THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTERCOMPANY EXPENSES -71,046. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. WP MASTER TENANT LLC 475 VALLEY STREET PROVIDENCE RI 02908 352567587 RENTAL RI 27332 0 WP MANAGEMENT CORPORATION WP SUPPORT CORPORATION 475 VALLEY STREET PROVIDENCE RI 02908 813342423 TO EXCLUSIVELY RAISE FUNDS FOR WAREFIRE PROVIDENCE RI 501(C)(3) WATERFIRE PROVIDENCE 0 WP QALICB LLC 475 VALLEY STREET PROVIDENCE RI 02908 384009568 REAL ESTATE RI WATERFIRE PROVIDENCE -1998 61577 0 0 0.01000 WP MANAGEMENT CORPORATION 475 VALLEY STREET PROVIDENCE RI 02908 813340867 PROPERTY MANAGEMENT RI C 0 WP MEMBER LLC 475 VALLEY STREET PROVIDENCE RI 02908 813352725 REAL ESTATE RI WATERFIRE PROVIDENCE C -10243 46155 1.00000 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 WP MASTER TENANT LLC J FMV WP MASTER TENANT LLC K FMV WP QALICB LLC J FMV WP SUPPORT CORPORATION K FMV