TY 2019 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC)
(1) ANNE GALLAGHER...................................................................... BOARD MEMBER	1.00 .................	X		0	0	0
(2) BILL SMITH...................................................................... BOARD MEMBER	1.00 .................	X		0	0	0
(3) JENNIFER BURISH...................................................................... SECRETARY	1.00 .................	X	X	0	0	0
(4) BOB ANDERSON...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(5) DEB LARSON...................................................................... CO-CHAIR	1.00 .................	X	X	0	0	0
(6) MICHELLE GRADY...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(7) JOHN WICK...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(8) JOHN LEHMAN...................................................................... CO-CHAIR	0.50 .................	X	X	0	0	0
(9) MIRANDA SIMPKINS...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(10) NICKY REPKA...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(11) AMBER MUSOLF...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(12) BRIAN SCHULTZ...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(13) BECCA TOMESH...................................................................... TREASURER	1.00 .................	X	X	0	0	0
(14) DRAKE TOMESH...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0
(15) ANDY HANVELT...................................................................... BOARD MEMBER	0.50 .................	X		0	0	0

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) ANNE GALLAGHER......................................................................
BOARD MEMBER

1.00
.................

(2) BILL SMITH......................................................................
BOARD MEMBER

1.00
.................

(3) JENNIFER BURISH......................................................................
SECRETARY

1.00
.................

(4) BOB ANDERSON......................................................................
BOARD MEMBER

0.50
.................

(5) DEB LARSON......................................................................
CO-CHAIR

1.00
.................

(6) MICHELLE GRADY......................................................................
BOARD MEMBER

0.50
.................

(7) JOHN WICK......................................................................
BOARD MEMBER

0.50
.................

(8) JOHN LEHMAN......................................................................
CO-CHAIR

0.50
.................

(9) MIRANDA SIMPKINS......................................................................
BOARD MEMBER

0.50
.................

(10) NICKY REPKA......................................................................
BOARD MEMBER

0.50
.................

(11) AMBER MUSOLF......................................................................
BOARD MEMBER

0.50
.................

(12) BRIAN SCHULTZ......................................................................
BOARD MEMBER

0.50
.................

(13) BECCA TOMESH......................................................................
TREASURER

1.00
.................

(14) DRAKE TOMESH......................................................................
BOARD MEMBER

0.50
.................

(15) ANDY HANVELT......................................................................
BOARD MEMBER

0.50
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


Name of organization AQUAFEST INC	Employer identification number 39-1202371
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)


Name of organization AQUAFEST INC	Employer identification number 39-1202371
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

AQUAFEST INC

Employer identification number

39-1202371

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	BECCA TOMESH AND DRAKE TOMESH ARE MARRIED.
FORM 990, PART VI, SECTION B, LINE 11B	THE TREASURER REVIEWS FORM 990 AND PRESENTS IT TO THE BOARD AND OFFICERS.
FORM 990, PART VI, SECTION C, LINE 19	THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 24E	SALES TAX EXPENSE: PROGRAM SERVICE EXPENSES 6,409. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,409. TENT RENTAL: PROGRAM SERVICE EXPENSES 5,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,160. ENTERTAINMENT AREA: PROGRAM SERVICE EXPENSES 4,981. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,981. SECURITY: PROGRAM SERVICE EXPENSES 4,424. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,424. SANITATION: PROGRAM SERVICE EXPENSES 2,550. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,550. WORKER T-SHIRT: PROGRAM SERVICE EXPENSES 2,316. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,316. SUNDAY PARADE: PROGRAM SERVICE EXPENSES 2,015. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,015. MYSTERY PERSON: PROGRAM SERVICE EXPENSES 1,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,500. TICKETS/WRISTBANDS/BUTTONS: PROGRAM SERVICE EXPENSES 1,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,333. FAMILY FUN DAYS: PROGRAM SERVICE EXPENSES 1,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,200. GATE/TICKET BOOTH: PROGRAM SERVICE EXPENSES 897. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 897. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 734. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 734. POSTAGE: PROGRAM SERVICE EXPENSES 691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 691. CARNIVAL EXPENSE: PROGRAM SERVICE EXPENSES 475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 475. PILLAR EXPENSE: PROGRAM SERVICE EXPENSES 434. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 434. 3 ON 3 EXPENSE: PROGRAM SERVICE EXPENSES 279. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 279. BIKE RACES EXPENSE: PROGRAM SERVICE EXPENSES 190. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190. FOOD COURT EXPENSE: PROGRAM SERVICE EXPENSES 29. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29. KIDDIE PARADE EXPENSE: PROGRAM SERVICE EXPENSES 25. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25. AQUABUG EXPENSE: PROGRAM SERVICE EXPENSES 5. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: ATTRACT TOURISM TO RICE LAKE
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	14
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	14
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	100
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	122,550	135,400
9	Program service revenue (Part VIII, line 2g) .........	114,120	137,359
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,628	1,424
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	238,298	274,183
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	244,609	221,760
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	244,609	221,760
19	Revenue less expenses. Subtract line 18 from line 12.......	-6,311	52,423
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	4,122	26,545
21	Total liabilities (Part X, line 26).............	30,000	0
22	Net assets or fund balances. Subtract line 21 from line 20.....	-25,878	26,545

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 217,961 including grants of $ ) (Revenue $ 137,359 )
	ORGANIZE AND OPERATE A 10 DAY FESTIVAL TO ATTRACT TOURISTS TO RICE LAKE.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses217,961

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	135,400

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		135,400

		Business Code
2a	SEASON PASS SALES	900099	52,065	52,065
b	BEER SALES	900099	47,821	47,821
c	GATE ADMISSIONS	900099	27,329	27,329
d	FOOD COURT SALES	900099	4,200	4,200
e	CARNIVAL SALES	900099	1,911	1,911
f	All other program service revenue.		4,033	4,033
g	Total. Add lines 2a–2f .....		137,359

3 Investment income (including dividends, interest, and othersimilar amounts) ......
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	1,424
b	Less: direct expenses ...		8b	0
c	Net income or (loss) from fundraising events..			1,424			1,424
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			274,183	137,359	0	1,424

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	1,956	1,956
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	11,402	11,402
13	Office expenses .......	67	67
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	1,026	1,026
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	3,799		3,799
20	Interest ...........	348	348
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	13,185	13,185
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	TALENT	97,450	97,450
b	STAGE EXPENSE	33,362	33,362
c	BEER EXPENSE	14,585	14,585
d	HOSPITALITY AREA	8,933	8,933
e	All other expenses	35,647	35,647
25	Total functional expenses. Add lines 1 through 24e	221,760	217,961	3,799	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........		4,122	1	26,545
2	Savings and temporary cash investments .........			2
3	Pledges and grants receivable, net ......			3
4	Accounts receivable, net .............			4
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				6
7	Notes and loans receivable, net ...........			7
8	Inventories for sale or use ............			8
9	Prepaid expenses and deferred charges ......			9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation	10b		10c
11	Investments—publicly traded securities .			11
12	Investments—other securities. See Part IV, line 11 .....			12
13	Investments—program-related. See Part IV, line 11 ..			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........			15
16	Total assets. Add lines 1 through 15 (must equal line 33)...		4,122	16	26,545

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	30,000	25	0
26	Total liabilities. Add lines 17 through 25..	30,000	26	0

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	-25,878	31	26,545
32	Total net assets or fund balances ...........	-25,878	32	26,545
33	Total liabilities and net assets/fund balances ........	4,122	33	26,545


Name of organization AQUAFEST INC			Employer identification number 39-1202371
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.