2023-01-12T00:00:00-06:00 2021-12-31 721396621 CARR RIGGS & INGRAM LLC 600 CLEVELAND STREET SUITE 1000 CLEARWATER FL 33755 990 2021-01-01 720953274 RED RIVER REVEL ARTS FESTIVAL REDR 3184244000 101 CROCKETT STREET SUITE C SHREVEPORT LA 71101 LOGAN LEWIS EXECUTIVE DIRECTOR 3184244000 2022-12-14 1 LOGAN LEWIS 999009999 PAMELA G PERKINS CPA P01006677 3182222222 2022-12-12 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LOGAN LEWIS 101 CROCKETT STREET SUITE C SHREVEPORT LA 71101 1921102 0 X WWW.REDRIVERREVEL.COM X 1976 LA THE MISSION OF THE FESTIVAL IS TO PROVIDE THE GENERAL POPULACE A CELEBRATION OF THE FINEST VISUAL AND PERFORMING ARTS EXPERIENCES. 22 20 1 0 0 0 182734 972457 36176 766857 12368 17926 -3110 62306 228168 1819546 0 0 0 0 124844 78268 0 0 0 181384 1194207 306228 1272475 -78060 547071 431706 880187 166875 48006 264831 832181 THE MISSION OF THE FESTIVAL IS TO PROVIDE THE GENERAL POPULACE A CELEBRATION OF THE FINEST VISUAL AND PERFORMING ARTS EXPERIENCES. THE FESTIVAL PROVIDES EDUCATIONAL OPPORTUNITIES, VISUAL AND PERFORMING ARTS DISPLAYS, PERFORMANCES, SEMINARS AND WORKSHOPS. 0 0 989019 738154 RED RIVER REVEL ARTS FESTIVALEACH YEAR SINCE 1976, THIS NINE-DAY ARTS FESTIVAL HAS UNITED PEOPLE THROUGHOUT THE AREA TO ENJOY A CELEBRATION OF VISUAL AND PERFORMING ARTS. THE OUTDOOR FESTIVAL ATTRACTS MORE THAN 75,000 PEOPLE. NUMEROUS VOLUNTEERS DONATE THEIR TIME AND EFFORTS TO HELP MANAGE THE FESTIVAL'S ACTIVITIES. THE RED RIVER REVEL ARTS FESTIVAL CELEBRATES THE ARTS WITH MORE THAN 75 VISUAL ARTISTS FROM ACROSS THE COUNTRY, TWO PERFORMANCE STAGES THAT FEATURE LIVE MUSIC AND A LARGE AREA DEDICATED SPECIFICALLY TO PROVIDING ARTS EDUCATION FOR CHILDREN. 64644 28703 SHREVEPORT FARMERS' MARKETDURING THE SUMMER AND FALL SEASONS, A FARMERS' MARKET IS HELD AT THE DOWNTOWN FESTIVAL PLAZA TO UNITE LOCAL FARMERS, GARDENERS, AND OTHERS WITHIN THE COMMUNITY TO ENJOY LOCALLY GROWN FRUITS, VEGETABLES, AND PLANTS; HOMEMADE BREADS AND JAMS; AND A VARIETY OF OTHER LOCALLY PRODUCED FOODS. LIVE MUSIC IS FEATURED DURING THE EVENT. 1053663 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 79 0 1 1 0 0 0 0 0 0 0 0 0 0 X 22 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 3184244000 101 CROCKETT STREET SUITE C SHREVEPORT LA 71101 X MICHAEL OSTENDORFF PRESIDENT 1.00 X X 0 0 0 DOMINIC SALINAS VICE PRESIDENT 1.00 X X 0 0 0 SARAH SOUR GARRETT TREASURER/SECRETARY 1.00 X X 0 0 0 CONNIE HAYES DIRECTOR 1.00 X 0 0 0 JEFFREY CRYER DIRECTOR 1.00 X 0 0 0 BOBBY SMITH DIRECTOR 1.00 X 0 0 0 CATHERINE KENNEDY DIRECTOR 1.00 X 0 0 0 MARGARET MCDONALD AT LARGE MEMBER 1.00 X 0 0 0 SARAH GIGLIO DIRECTOR 1.00 X 0 0 0 STACY BROWN DIRECTOR 1.00 X 0 0 0 JD DUNN AT LARGE MEMBER 1.00 X 0 0 0 HOLLY GARRETT AT LARGE MEMBER 1.00 X 0 0 0 KENDRA MEIKI AT LARGE MEMBER 1.00 X 0 0 0 LATOYA AMOS AT LARGE MEMBER 1.00 X 0 0 0 HARRIETT BODDIE AT LARGE MEMBER 1.00 X 0 0 0 BRENT LATIN AT LARGE MEMBER 1.00 X 0 0 0 BRITTAINY POPE AT LARGE MEMBER 1.00 X 0 0 0 CLAIRE CHILDS AT LARGE MEMBER 1.00 X 0 0 0 FOREST JANA AT LARGE MEMBER 1.00 X 0 0 0 MARY HELEN MARRS AT LARGE MEMBER 1.00 X 0 0 0 ERIN BRISTOL AT LARGE MEMBER 1.00 X 0 0 0 ERIC FRANCIS AT LARGE MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 27146 499153 446158 256398 972457 CONCESSIONS 711130 531301 531301 ADMISSIONS 711130 95408 95408 BOOTH FEES 711130 52870 52870 OTHER 711130 47362 47362 FARMERS' MARKET FEES 711130 28703 28703 11213 11213 766857 6567 6567 11359 0 11359 11359 11359 163862 27146 101556 62306 62306 1819546 766857 0 80232 53682 47045 6637 20473 17942 2531 4113 3605 508 5613 5613 5940 5940 89455 89455 20735 19745 990 COMMISSIONS AND OPERATI 405918 405918 SITE OPERATIONS 355955 355955 MUSIC AND PERFORMING AR 179083 179083 FUNDRAISING COSTS 101556 101556 29952 18430 113078 -101556 1272475 1053663 218812 0 177334 425551 2565 180680 8099 78233 78233 0 0 243708 273956 431706 880187 3990 48006 162885 0 166875 48006 X 19281 559509 245550 272672 264831 832181 431706 880187 547071 20279 0 X 1 X 0 0 0 X 635175 659166 543546 182734 972457 2993078 1280708 1012871 886440 42316 930719 4153054 1915883 1672037 1429986 225050 1903176 7146132 0 0 0 7146132 3489 2847 4369 3741 6567 21013 3489 2847 4369 3741 6567 21013 1919372 1674884 1434355 228791 1909743 7167145 0.99710 0.99760 0.00290 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243619 38180 8832 2251 270716 234316 20426 8903 2220 243619 214381 22142 2207 234316 232292 -7187 8564 2160 214381 217420 25568 8557 2139 232292 1.00000 1 0 22033 22033 0 56200 56200 0 0 BENEFICIAL INTEREST IN ASSETS OF FOUNDATION 270716 OTHER ASSETS 3240 273956 X 1941381 20279 101556 121835 1819546 0 1819546 1374031 101556 101556 1272475 0 1272475 PART X, LINE 2: THE REVEL IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE IS SUBJECT TO FEDERAL INCOME TAX. THE REVEL CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE REVEL ADOPTED THE PROVISIONS OF FASB ASC 740-10-25, INCOME TAXES - RECOGNITION, ON JANUARY 1, 2009. UNDER FASB ASC 740-10-25, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE REVEL'S FINANCIAL STATEMENTS. THE REVEL DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE TAX YEARS FROM 2018 TO 2020 ARE STILL OPEN AND SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY ALLOCABLE FUNDRAISING EXPENSES 101,556. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY ALLOCABLE FUNDRAISING EXPENSES 101,556. MARGARET MCDONALD BOARD MEMBER 10362 SHARE PROFITS WITH JUNIOR LEAGUE. MARGARET MCDONALD IS PRESIDENT OF JUNIOR LEAGUE. 0 BRENT LATIN BOARD MEMBER 850 MARKETING PAID TO YOUNG PROFESSIONAL ENTERTAINMENT. BRENT LATIN IS PRESIDENT OF YOUNG PROFESSIONAL ENTERTAINMENT. 0 BOBBY SMITH DIRECTOR 12832 SUPPLIES PURCHASED FROM PEPSI. BOBBY SMITH REPRESENTS PEPSI. 0 JEFF CRYER DIRECTOR 12833 SUPPLIES PURCHASED FROM PEPSI. JEFF CRYER REPRESENTS PEPSI. 0 X LABOR, MATERIALS, EQUIPMENT 1 256398 ESTIMATED FAIR MARKE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS POTENTIAL CONFLICTS OF INTEREST AND DISCUSSES ANY SITUATIONS WITH THE ORGANIZATION'S EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.