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Friends Of The Halstead Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 862430710 ✦ Fairhope, AL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Halstead Inc?

Friends of The Halstead Inc is a nonprofit organization situated in Fairhope, Alabama. Their primary mission is to enrich their local coastal community by organizing and funding seasonal concerts at the Halstead Amphitheater, located on the Fairhope Campus of Coastal Alabama Community College. The concerts, held both in the spring and fall, are a significant source of entertainment for the community, funded through ticket sales and sponsorship donations. Approximately 90% of the organization's expenses are dedicated to producing these events, with its members devoting about 80% of their time to planning and executing the shows. By providing live music for the community, Friends of The Halstead Inc aligns with its charitable, educational purpose, as outlined by section 501(c)(3) of the Internal Revenue Code.

Is Friends Of The Halstead Inc legitimate?

Friends Of The Halstead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Halstead Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $21,997
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of The Halstead Inc?

Friends of The Halstead Inc is primarily dedicated to charitable or educational purposes, as outlined by Section 501(C)(3) of the Internal Revenue Code. Their main focus is to promote the usage of the Halstead Amphitheater, organizing a seasonal concert series as their primary activity. The organization funds and produces these concerts, held twice a year in the spring and fall, which are primarily funded through ticket sales and sponsorship donations. The majority of the organization's expenses and time are invested in planning and executing these events, with about 80% of their time dedicated to these activities. This concert series supports their exempt purpose by offering live music to the community, further enriching its cultural scene.

Who is the CEO of Friends Of The Halstead Inc?

Clifton Mosteller is the Executive Director of Friends Of The Halstead Inc.

What is the revenue of Friends Of The Halstead Inc?

Friends Of The Halstead Inc's revenue in 2022 was $328,713.

Who are the executives of Friends Of The Halstead Inc and what are their salaries?


Here are 8 key members and their salaries:


John Cochran (Executive Director)
  • Compensation: $21,997
  • Related: $0
  • Other: $0
Clifton Mosteller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chesley Allegri (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Bezeredi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nela Forney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugenia Lanaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Walcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Fuller Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Halstead Inc?

Friends Of The Halstead Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Halstead Inc

Friends of the Halstead Inc, a charitable organization, primarily focuses on promoting the usage of the Halstead Amphitheater within the Coastal Alabama Community College Fairhope campus. The organization's mission is multifaceted, with a significant emphasis on organizing and funding a seasonal concert series at the Halstead Amphitheater. These concerts, held both in the spring and fall, serve as a source of live music entertainment for the community of Fairhope. The concerts are primarily funded through ticket sales and sponsorship donations.

In addition to organizing these events, Friends of the Halstead Inc dedicates a substantial portion of its resources to planning and executing these shows. Approximately 80% of the organization's time is spent on these activities. The concert series plays a crucial role in furthering Friends of the Halstead Inc's exempt purpose, as it provides a platform for live music, thereby enriching the community's cultural landscape. The organization's efforts in this regard contribute to its overall mission of promoting the Halstead Amphitheater.

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Impact




October, 2024

The impact of Friends of the Halstead Inc. is marked by its dedication to enhancing the cultural landscape of Fairhope, Alabama, through live music and community engagement. By organizing a seasonal concert series at the Halstead Amphitheater, the organization enriches the community's access to artistic experiences, fostering a vibrant local culture.

The concerts not only attract residents but also visitors, creating an inclusive atmosphere that promotes social interaction and strengthens community bonds. With about 90% of its expenses allocated to producing these shows, the organization ensures high-quality performances that resonate with audiences. The emphasis on planning and execution allows for a well-curated selection of artists and genres, catering to diverse tastes and preferences.

Additionally, the concert series serves as a platform for local talent, giving performers the opportunity to showcase their abilities in a supportive environment. This initiative plays a crucial role in promoting the Halstead Amphitheater as a key cultural venue, further contributing to the community's identity and pride.

Through its commitment to live music, Friends of the Halstead Inc. not only entertains but also educates and inspires, illustrating the profound impact that accessible arts programming can have on a community.




This information is meant to be a general summary of Friends Of The Halstead Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$328,713 (2022)
Expenses
$327,116 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $236,713
  • Gross Receipts: $328,713

Assets and Liabilities:

  • Total Assets: $41,429
  • Total Liabilities: $0
  • Net Assets: $41,429

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$203,579

SEASON PASSES

Revenue

$27,000

MERCH SALES

Revenue

$3,710

GATE PROCEEDS

Revenue

$2,224

SERVICES

Revenue

$200

Organization Details

Founding Year

2021

Principal Officer

Clifton Mosteller

Main Address

PO BOX 1935, FAIRHOPE, AL, 36532

NTEE Category

Code: A68 - Arts

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