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DANVERS FAMILY FESTIVAL INC

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Tax-exempt status may be revoked

DANVERS FAMILY FESTIVAL INC

EIN 04-2901330

What they do

THERE WERE ABOUT 34 EVENTS THAT COMPRISED THE 2017 DANVERS FAMILY FESTIVAL HELD FROM JUNE 11TH THROUGH JULY 4TH. CLAMBAKE, ENDICOTT PARK DAY and THE SCOOPER BOWL ARE OUR CORE EVENTS. THE DANVERS FAMILY FESTIVAL BOARD of DIRECTORS MAINTAINS THESE THREE CORE EVENTS and EACH YEAR ADDS to or DELETES EVENTS FROM ITS CALENDAR. EVENTS INCLUDED IN OUR CALENDAR MUST MEET WITH APPROVAL BY VOTE of THE BOARD of DIRECTORS AS AN EVENT CONSISTENT WITH OUR MISSION; to PROMOTE and CONDUCT FAMILY-FRIENDLY EVENTS for THE BENEFIT of THE CITIZENS of THE TOWN of DANVERS and for VISITORS FROM THE SURROUNDING AREA and to PROMOTE A SPIRIT of COMMUNITY WITHIN THE TOWN of DANVERS THROUGHOUT THE FESTIVAL.

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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 2017The report may be old. Ask for a newer one.

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

They name their leaders11 people are listed in the latest report.

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

Money made simple

72.14%of revenue went to mission work61.4% of expenses · Program services
30.10%of revenue went to fundraising25.6% of expenses
$117.49spent for every $100 of revenueSpending was higher than revenue this year.
15.26%of revenue went to management and office costs13.0% of expenses
$1.46in assets for every $1 spent this yearSome assets cannot be spent right away.
77.7%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
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Worth asking: Expenses exceeded revenue by $11,108 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2017

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.

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$63,493
Mission workProgram services$45,80372.14% of revenue61.4% of expenses
ManagementOffice and general costs$9,68715.26% of revenue13.0% of expenses
FundraisingAsking for donations$19,11130.10% of revenue25.6% of expenses
Total expenses$74,601117.49% 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
2017CurrentExpense mix: 61.4% mission · 13.0% management · 25.6% fundraisingTotal expenses: 117.49% of revenue
2016Expense mix: 62.6% mission · 15.2% management · 22.2% fundraisingTotal expenses: 90.20% of revenue

Money in and money out

Revenue$63,493
Expenses$74,601
Annual shortfall $11,108 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)$45,803 · 61.4% of expenses
Management and office costs$9,687 · 13.0% of expenses
Fundraising$19,111 · 25.6% of expenses
See all reported dollar amounts
Revenue$63,493
Expenses$74,601
Assets$108,847
Contributions$49,342
Mission work (program services)$45,803
Fundraising$19,111
Management and general$9,687
Accounting fees$1,440
People

Leadership and board

Tax year 2017

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (11)

DOUG LEWISDIRECTOR

ERIC CRANESECRETARY

GARDNER TRASKDIRECTOR

JOHN CALLMARKETING DIRECTOR

KAREN HANSEN1ST CHAIR

KEELIN DAWEDIRECTOR

KENNNY LEWISDIRECTOR

KERRY FOUHEYDIRECTOR

LISA TRASKDIRECTOR

SCOTT JAMESTREASURER

SHERYL JAMESPRESIDENT

About this charity

Location
PO BOX 448, DANVERS, MA 019230445
County
Essex
In care of
SHERYL JAMES
Primary officer
SHERYL JAMES, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
January 1, 2017
Return type
990
Tax preparer
GRANDMAISON & TRIPOLI LLP
Revocation date
May 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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