Plattduetsche Volksfest Verein

Analysis

Plattduetsche Volksfest Verein is a registered charity in United States, based in Franklin SQ, NY. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plattduetsche Volksfest Verein reported income of $111k and spending of $200k, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $111k (-61%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 113%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plattduetsche Volksfest Verein sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Green Lawn Abbey Preservation Association ($111k), Wildfire Art Center ($111k) and Paul Braswell Residential Center Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $2.7m against liabilities of $2.1m, net assets of $558k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.