Nonprofit · EIN 39-1763649
WATERFEST INC
Tax-exempt · OSHKOSH, WI 54901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $547,235 | $580,267 | -$33,032 | $7,144 | $0 | $7,144 |
| December 31, 2024 | 990 | $479,128 | $708,357 | -$229,229 | $47,049 | $6,873 | $40,176 |
| December 31, 2023 | 990 | $750,040 | $851,505 | -$101,465 | $298,658 | $29,253 | $269,405 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $245,401
- Program service revenue
- $301,834
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $580,267
Balance sheet and other
- Total assets, start of year
- $47,049
- Total assets, end of year
- $7,144
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,144
- Gross receipts
- $547,235
- Employees
- 0
- Volunteers
- 550
- Year formed
- 1994
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL P DEMPSEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CHARLES J HERTEL | VICE-PRESIDENT Trustee or director, Officer | 0.1 | $0 |
| JOHN CASPER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| ROBERT KLEMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL P DEMPSEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CHARLES J HERTEL | VICE-PRESIDENT Trustee or director, Officer | 0.1 | $0 |
| JOHN CASPER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| ROBERT KLEMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL P DEMPSEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CHARLES J HERTEL | VICE-PRESIDENT Trustee or director, Officer | 0.1 | $0 |
| JOHN CASPER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| ROBERT KLEMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 120 JACKSON ST, OSHKOSH, WI 54901-4714
- Principal officer (990 for 2025)
- MICHAEL P DEMPSEY, 120 JACKSON STREET, OSHKOSH, WI 54901
- Signed the 990
- MICHAEL P DEMPSEY, PRESIDENT
- Phone
- (920) 303-2266
- Website
- WWW.WATERFEST.ORG
- Return prepared by
- ELEVATE ACCOUNTING LLC
Mission
PROMOTE AND DRAW ATTENTION TO DOWNTOWN OSHKOSH.
Program accomplishments
- THE OBJECTIVE OF THE ORGANIZATION IS TO PROMOTE AND DRAW ATTENTION TO THE DOWNTOWN AREA OF OSHKOSH BY HIRING BANDS TO PERFORM CONCERTS AT THE LEACH AMPHITHEATER. THE ACTIVITY IS OPEN TO THE PUBLIC. A NOMINAL FEE IS CHARGED FOR ADULTS. THE WATERFEST PROGRAM RUNS FOR APPROXIMATELY 9 EVENINGS DURING SUMMER MONTHS. THE ESTIMATED ATTENDANCE FOR THE SUMMER ACTIVITY IS 30,000 TO 35,000. THE ORGANIZATION OBTAINS SPONSORSHIP FEES FROM AREA BUSINESSES AS A MEANS OF FINANCIAL SUPPORT. ALSO, THE ORGANIZATION RECEIVES ROYALTIES FROM OTHER NONPROFIT ORGANIZATIONS THAT RUN CONCESSION STANDS AT THE CONCERTS.Expenses $580,267 · revenue $301,834
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1763649
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,144
- Income (IRS master file)
- $547,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $547,235 | $580,267 | $7,144 | XML |
| 990 | December 2024 | $479,128 | $708,357 | $47,049 | IRS |
| 990 | December 2023 | $750,040 | $851,505 | $298,658 | XML |
| 990 | December 2022 | $702,805 | $713,116 | $370,870 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1763649).
Questions about WATERFEST INC
- What is the EIN of WATERFEST INC?
- The employer identification number (EIN) of WATERFEST INC is 39-1763649.
- Is WATERFEST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1995.
- Are donations to WATERFEST INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WATERFEST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERFEST INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERFEST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WATERFEST INC?
- The 990 for the year ended December 31, 2025 names MICHAEL P DEMPSEY.
- Who are the officers and directors of WATERFEST INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WATERFEST INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $547,235, expenses of $580,267 and total assets of $7,144 at year end.
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