Downtown Edinboro Art & Music Festival

Analysis

Downtown Edinboro Art & Music Festival is a registered charity in United States, based in Edinboro, PA. It received its IRS tax-exemption ruling in October 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Downtown Edinboro Art & Music Festival reported income of $76k and spending of $78k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $76k (+11%), an average of +11% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Downtown Edinboro Art & Music Festival sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Childrens Performing Arts of Miamisburg ($76k), Untitled Theater Company No 61 Ltd ($76k) and Preservation of Historic Winchester Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.