2016-08-09T11:51:07-05:00 2015-12-31 721396621 CARR RIGGS & INGRAM LLC 650 OLIVE STREET SHREVEPORT LA 71104 990 2015-01-01 720953274 RED RIVER REVEL ARTS FESTIVAL REDR 3184244000 101 CROCKETT STREET SUITE C SHREVEPORT LA 71101 KEVIN STONE EXECUTIVE DIRECTOR 3184241000 2016-08-02 1 DAVID OLIVER P00161211 3182222222 2016-07-29 2015 2016-12-15 16:53:06Z KEVIN STONE 101 CROCKETT STREET SUITE C SHREVEPORT LA 71101 2042783 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. 23 23 4 5500 0 0 571425 531258 1042552 1122924 15833 -3488 101660 98449 1731470 1749143 0 0 0 0 197594 266905 0 0 0 1515939 1495881 1713533 1762786 17937 -13643 474019 475014 28189 42827 445830 432187 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 1618401 1107125 RED RIVER REVEL ARTS FESTIVALEACH YEAR SINCE 1976, THIS EIGHT-DAY ARTS FESTIVAL HAS UNITED PEOPLE THROUGHOUT THE AREA TO ENJOY A CELEBRATION OF VISUAL AND PERFORMING ARTS. THE OUTDOOR FESTIVAL ATTRACTS MORE THAN 200,000 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 130 VISUAL ARTISTS FROM ACROSS THE COUNTRY, FIVE PERFORMANCE STAGES THAT FEATURE LIVE MUSIC AND A LARGE AREA DEDICATED SPECIFICALLY TO PROVIDING ARTS EDUCATION FOR CHILDREN. 48682 35299 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. 1667083 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 128 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 23 23 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 BETTY HENDERSON PRESIDENT 1.00 X X 0 0 0 SCOTT WOLF VICE PRESIDENT 1.00 X X 0 0 0 LESLIE SCOTT TREASURER 1.00 X X 0 0 0 CAROLYN TILLMAN SECRETARY 1.00 X X 0 0 0 MELINDA HERNANDEZ FESTIVAL PRODUCTION COMMIT 1.00 X X 0 0 0 KENDRA MEIKI FESTIVAL PRODUCTION COMMIT 1.00 X X 0 0 0 IRVIN L WILLIAMS DIRECTOR 1.00 X 0 0 0 CONNIE HAYES DIRECTOR 1.00 X 0 0 0 JEFFREY CRYER DIRECTOR 1.00 X 0 0 0 REGINALD HODGE DIRECTOR 1.00 X 0 0 0 CATHERINE KENNEDY DIRECTOR 1.00 X 0 0 0 MELISSA FLORES DIRECTOR 1.00 X 0 0 0 LILA KNICELY DIRECTOR 1.00 X 0 0 0 STACY BROWN DIRECTOR 1.00 X 0 0 0 HAL MARTIN DIRECTOR 1.00 X 0 0 0 KEVIN STONE EXECUTIVE DIRECTOR 40.00 X X 115000 0 12881 BECKY BERRY DIRECTOR 1.00 X 0 0 0 PATTY GARRETT DIRECTOR 1.00 X 0 0 0 SARAH SOUR GARRETT DIRECTOR 1.00 X 0 0 0 LEKISHA CLARK DIRECTOR 1.00 X 0 0 0 KAY DEBERARDINIS DIRECTOR 1.00 X 0 0 0 HOLLY GARRETT DIRECTOR 1.00 X 0 0 0 MICHAEL OSTENDORFF DIRECTOR 1.00 X 0 0 0 STEVE WALKER DIRECTOR 1.00 X 0 0 0 115000 0 12881 1 0 0 0 0 100603 430655 175176 531258 CONCESSIONS 711130 733792 733792 ADMISSIONS 711130 143704 143704 BOOTH FEES 711130 99388 99388 OTHER 711130 91464 91464 FARMERS' MARKET FEES 900099 35299 35299 19277 19277 1122924 3348 3348 6836 -6836 -6836 -6836 365753 286804 78949 78949 BAD DEBTS RECOVERED 711130 19500 19500 19500 1749143 1142424 0 75461 115000 98900 16100 104774 90106 14668 11529 9915 1614 18795 14269 4526 16807 14454 2353 13587 13587 19156 7915 11241 138525 138525 8113 8113 15002 15002 COMMISSIONS AND OPERATI 597150 597150 SITE OPERATIONS 434151 434151 FUNDRAISING COSTS 241658 241658 MUSIC & PERFORMING ARTS 208361 208361 -179822 53337 8499 -241658 1762786 1667083 95703 0 212334 216828 16571 32415 842 950 114050 99265 20211 14785 224061 210036 474019 475014 7839 32377 20350 10450 28189 42827 X 219751 220133 225061 211036 1018 1018 445830 432187 474019 475014 -13643 0 X 0 1 X 0 0 X 770033 776312 700793 571425 531258 3349821 1456450 1266509 1253762 1419293 1508177 6904191 2226483 2042821 1954555 1990718 2039435 10254012 0 0 0 10254012 1053 606 282 15833 3348 21122 1053 606 282 15833 3348 21122 2227536 2043427 1954837 2006551 2042783 10275134 0.99790 0.99830 0.00210 0.00170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 224061 -3602 8304 2119 210036 219366 15689 8031 2963 224061 205560 450 23043 7712 1975 219366 194002 1400 19264 7317 1789 205560 197875 400 5112 7718 1667 194002 1.00000 1 0 48412 48412 0 65638 50853 14785 14785 BENEFICIAL INTEREST IN ASSETS OF FOUNDATION 210036 210036 X 2035947 286804 286804 1749143 0 1749143 2049590 286804 286804 1762786 0 1762786 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, 2015 AND 2014, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE TAX YEARS FROM 2012 TO 2015 ARE STILL OPEN AND SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY ALLOCABLE FUNDRAISING EXPENSES 286,804. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY ALLOCABLE FUNDRAISING EXPENSES 286,804. CORK 207989 207989 156707 BREW 149364 149364 128855 1 8400 8400 1242 365753 365753 286804 286804 78949 X LABOR, MATERIALS, EQUIPMENT 40 164676 ESTIMATED FAIR MARKE X ADVERTISING 1 10500 ESTIMATED FAIR MARKE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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.