Nonprofit · EIN 74-2818121
NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC
Also known as OLD SETTLERS MUSIC FESTIVAL INC
Tax-exempt · LOCKHART, TX 78644
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $675,725 | $212,001 | $463,724 | $302,263 | $146,769 | $155,494 |
| December 31, 2023 | 990 | $483,489 | $780,624 | -$297,135 | $952,992 | $1,261,222 | -$308,230 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $91,045
- Investment income
- $584,655
- Net gain from sales of assets
- $580,423
- Other revenue
- $25
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $11,363
- Salaries, compensation and benefits (total)
- $11,363
- Professional fundraising fees
- $0
- Accounting fees
- $1,200
- Occupancy
- $3,896
- Depreciation
- $120
- Program services (functional)
- $210,801
- Management and general (functional)
- $1,200
Balance sheet and other
- Total assets, start of year
- $952,992
- Total assets, end of year
- $302,263
- Total liabilities, end of year
- $146,769
- Net assets, end of year
- $155,494
- Gross unrelated business income
- $580,423
- Gross receipts
- $1,695,302
- Employees
- 0
- Volunteers
- 260
- Year formed
- 1988
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Betsy Boone | President Trustee or director, Officer | 7 | $0 |
| Suzanne Bradford | Treasurer Trustee or director, Officer | 7 | $0 |
| Kevin Vaughn | Board Member Emeritus Trustee or director | 7 | $0 |
| Michael Martin | Vice President Trustee or director | 7 | $0 |
| Paul Daugeraeu | Secretary Trustee or director | 7 | $0 |
| Greg Carter | Director Trustee or director | 7 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Betsy Boone | President Trustee or director, Officer | 7 | $0 |
| Amy Bramwell | Vice President Trustee or director, Officer | 7 | $0 |
| Suzanne Bradford | Treasurer Trustee or director, Officer | 7 | $0 |
| Kevin Vaughn | Secretary Trustee or director | 7 | $0 |
| Michael Martin | Director Trustee or director | 7 | $0 |
| Paul Daugeraeu | Director Trustee or director | 7 | $0 |
| Tysha Calhoun | Director Trustee or director | 7 | $0 |
| Andrew Coate | Director Trustee or director | 7 | $0 |
| Scott Collard | Director Trustee or director | 7 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1161, LOCKHART, TX 78644-1161
- In care of
- % SUZANNE BRADFORD
- Principal officer (990 for 2024)
- Betsy Boone, P O Box 1161, Lockhart, TX 78644
- Signed the 990
- Suzanne Bradford, Treasurer
- Phone
- (512) 587-6049
- Website
- oldsettlersmusicfest.org
- Return prepared by
- KEVIN MILLS CPA
Mission
Roots Music Festival - To produce a cultural music event that preserves and fosters traditional American roots music
Program accomplishments
- To produce a cultural music event that perserves and fosters traditional and traditional American roots musicExpenses $210,801 · revenue $91,045
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 | Not 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
- 74-2818121
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A200)
- Group exemption
- 8047: FOLK ALLIANCE INTERNATIONAL
- Assets (IRS master file)
- $302,263
- Income (IRS master file)
- $1,695,302
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $675,725 | $212,001 | $302,263 | XML |
| 990 | December 2023 | $483,489 | $780,624 | $952,992 | XML |
| 990 | December 2022 | $1,475,792 | $753,277 | $1,144,339 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 74-2818121).
Questions about NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC
- What is the EIN of NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC?
- The employer identification number (EIN) of NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC is 74-2818121.
- Is NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Which annual return does NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE 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 NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names Betsy Boone.
- Who are the officers and directors of NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does NORTH AMERICAN FOLK MUSIC AND DANCE ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $675,725, expenses of $212,001 and total assets of $302,263 at year end.
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