GREAT WATERS MUSIC FESTIVAL INC Charity Report

Tax-exempt status may be revoked

GREAT WATERS MUSIC FESTIVAL INC

EIN 02-0488006 · Music (A68)

What they do

to PRESENT and CREATE OUTSTANDING and UNIQUE MUSICAL and EDUCATIONAL EVENTS WHICH APPEAL to A WIDE VARIETY of TASTES and ENRICH THE CULTURAL LIFE of THE LAKES REGION of NEW HAMPSHIRE.

Before you give

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Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.23%of revenue went to mission work81.9% of expenses · Program services

10.88%of revenue went to fundraising10.0% of expenses

$109.00spent for every $100 of revenueSpending was higher than revenue this year.

8.89%of revenue went to management and office costs8.2% of expenses

$0.33in assets for every $1 spent this yearSome assets cannot be spent right away.

64.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $84,669 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $86,000 for JOAN MYERS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$940,655

Mission workProgram services$839,38689.23% of revenue81.9% of expenses

ManagementOffice and general costs$83,6058.89% of revenue8.2% of expenses

FundraisingAsking for donations$102,33310.88% of revenue10.0% of expenses

Total expenses$1,025,324109.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 81.9% mission · 8.2% management · 10.0% fundraisingTotal expenses: 109.00% of revenue

2024Expense mix: 80.2% mission · 8.9% management · 10.9% fundraisingTotal expenses: 110.57% of revenue

2023Expense mix: 81.0% mission · 9.5% management · 9.5% fundraisingTotal expenses: 101.39% of revenue

2019Expense mix: 59.2% mission · 13.1% management · 27.7% fundraisingTotal expenses: 55.96% of revenue

2018Expense mix: 71.4% mission · 17.4% management · 11.2% fundraisingTotal expenses: 131.84% of revenue

2016Expense mix: 70.5% mission · 18.3% management · 11.2% fundraisingTotal expenses: 110.55% of revenue

2015Expense mix: 77.7% mission · 14.9% management · 7.4% fundraisingTotal expenses: 92.80% of revenue

Money in and money out

Revenue$940,655

Expenses$1,025,324

Annual shortfall $84,669 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$839,386 · 81.9% of expenses

Management and office costs$83,605 · 8.2% of expenses

Fundraising$102,333 · 10.0% of expenses

See all reported dollar amounts

Revenue$940,655

Expenses$1,025,324

Assets$337,716

Income$940,655

Contributions$610,769

Mission work (program services)$839,386

Fundraising$102,333

Management and general$83,605

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOAN MYERSEXECUTIVE DIRECTOR · 40 hrs/week $86,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

JOAN MYERSEXECUTIVE DIRECTOR

BARBARA LOBDELLCHAIR

BARBARA OLCOTTPROGRAM CHAIR AND CHAIR EM

BECKY HLIDEKDIRECTOR

CHRIS COULTERDIRECTOR

DAVID ILSLEYDIRECTOR

ERIC GIBSONDIRECTOR

GARY MCGLOINDIRECTOR

JACK CALLAHANTREASURER

JIM MICHENERSECRETARY

KAREN HASKELLVICE-CHAIR

KRISTINA MAUSDIRECTOR

LAUREN SHEALYDIRECTOR

NANCY MACKDIRECTOR

PEG MONGIELLODIRECTOR

TIMOTHY WHITEDIRECTOR

About this charity

Recognized since: January 1997
Location: 56 N MAIN ST, WOLFEBORO, NH 03894-0000
County: Carroll
In care of: JOAN MYERS
Primary officer: JOAN MYERS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@greatwaters.org Phone(603) 569-7710

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: LEONE MCDONNELL & ROBERTS PA
NTEE classification: Music (A68)
IRS tax category: Music
Revocation date: August 15, 2023