Broadway Festivals INC FY2024 filing

Lubbock, TXUnknown exempt organization EIN 75-2387813Revenue $434K in FY2024

On file with the IRSbroadwayfestivals.comPo Box 1643 · Lubbock, TX

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To organize, conduct, and finance celebrations in downtown lubbock, texas, to focus attention on the historical significance and overall importance of the central core of lubbock to the community as a whole.

72¢ of each $1 spent went to programs.
$28K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $3K a year · 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$28K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$36K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$434K
+21% vs prior year
Spent
$317K
To programs
72%
Net assets
$173K
By yearFY2020–FY2025
Revenue
$434K
FY2024▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$203K
FY2021$297K
FY2022$316K
FY2023$357K
FY2024$434K
FY2025$10K
Expenses
$317K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$200K
FY2021$273K
FY2022$319K
FY2023$309K
FY2024$317K
FY2025$184K
Net assets
$173K
FY2024▲ +204%
Tap a bar for its year
Net assets by fiscal year
FY2020−$13K
FY2021$11K
FY2022$9K
FY2023$57K
FY2024$173K
FY2025$0

From the FY2024 Form 990 (year ending September 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $229K Management & general 28% · $88K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990; $28K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$28,166Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President(deceased)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Kathleen Sandifer$20,083$28,166$26,313

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Broadway Festivals INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Organizes and finances downtown Lubbock celebrations highlighting its historical importance.

Questions for Broadway Festivals INC

Tap to ask. Broadway Festivals INC sees how many people are interested.

Your first name shows with your question. Broadway Festivals INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $229K · in their own filed words · FY2023
01

City wide celebrations, including observation of the fourth of july, benefitting the citizens of lubbock and surrounding communities and invoking an awareness of the area's historical significance.

$229Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$434K
Ln 12
Gifts and grantsLn 1h$240K
Fees for servicesLn 2g$192K
Investment incomeLn 3$1K
Money outPt IX
$317K
Ln 25
Programscol B$229K
Managementcol C$88K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$82K
Total assetsLn 16$209K
LiabilitiesLn 26$36K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$240K
Fees for servicesLn 2g$192K
Investment incomeLn 3$1K
Total revenueLn 12$434K
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$37K
Cash and savings togetherLn 1–2$82K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$209K
LiabilitiesLn 26$36K
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$56K$82K
Land, buildings, equipmentLn 10c$1K$1K
Total assetsLn 16$61K$209K
LiabilitiesLn 26$4K$36K
Net assetsLn 32$57K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$40K$40K
Payroll taxesLn 10$3K$3K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$20K$20K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$2K$2K
OccupancyLn 16$17K$17K
Conferences, conventions and meetingsLn 19$310$310
InterestLn 20$16$16
InsuranceLn 23$26K$10K$16K
Other expenses (24a–d)Ln 24$192K$192K$279
All other expensesLn 24e$411$411
Total functional expensesLn 25$317K$229K$88K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10K$184K−$173K$0 990 PDF
FY2024 Viewing $434K$317K$116K$173K 990 PDF
FY2023 $357K$309K$48K$57K 990 PDF
FY2022 $316K$319K−$2K$9K 990 PDF
FY2021 $297K$273K$24K$11K 990 PDF
FY2020 $203K$200K$4K−$13K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $433,579 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $275,285$240,200
I-9 Program service revenuePrior year $80,096$192,311
I-10 Investment incomePrior year $1,508$1,068
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $356,889$433,579
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $29,648$43,195
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $279,273$273,928
I-18 Total expensesPrior year $308,921$317,123
I-19 Revenue less expensesPrior year $47,968$116,456
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $433,579 across 5 lines filed
VIII-1f All other contributions, gifts and grants$240,200
VIII-1h Total contributions, gifts and grants$240,200
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $192,311$192,311
VIII-3 Investment incomeExcluded from tax $1,068$1,068
VIII-12 Total revenueRelated to mission $192,311 · Unrelated business $0 · Excluded from tax $1,068$433,579
Part IX · Statement of functional expenses $317,123 across 13 lines filed
IX-7 Other salaries and wagesManagement $40,125$40,125
IX-10 Payroll taxesManagement $3,070$3,070
IX-11b Legal feesManagement $2,935$2,935
IX-11c Accounting feesManagement $5,439$5,439
IX-11g Other fees for servicesPrograms $20,123$20,123
IX-12 Advertising and promotionPrograms $7,417$7,417
IX-13 Office expensesManagement $1,775$1,775
IX-16 OccupancyManagement $17,482$17,482
IX-19 Conferences, conventions and meetingsManagement $310$310
IX-20 InterestManagement $16$16
IX-23 InsurancePrograms $9,791 · Management $16,187$25,978
IX-24 Other expenses (24a–d)Programs $191,763 · Management $279$192,042
IX-24e All other expensesManagement $411$411
IX-25 Total functional expensesPrograms $229,094 · Management $88,029 · Fundraising $0$317,123
Part X · Balance sheet $209,378 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $19,746$44,968
X-2 Savings and temporary cash investmentsStart of year $36,234$37,302
X-4 Accounts receivableStart of year $1,854$121,916
X-9 Prepaid expenses and deferred chargesStart of year $1,998$3,982
X-10c Land, buildings and equipment, netStart of year $1,210$1,210
X-16 Total assetsStart of year $61,042$209,378
X-17 Accounts payable and accrued expensesStart of year $2,036$35,916
X-26 Total liabilitiesStart of year $4,036$35,916
X-27 Net assets without donor restrictionsStart of year $57,006$173,462
X-32 Total net assets or fund balancesStart of year $57,006$173,462
X-33 Total liabilities and net assetsStart of year $61,042$209,378
Part XI · Reconciliation of net assets $173,462 net assets at year end
XI-1 Total revenue$433,579
XI-2 Total expenses$317,123
XI-3 Revenue less expenses$116,456
XI-4 Net assets at start of year$57,006
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$173,462

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.