National Polka Festival of Ennis Texas

Analysis

National Polka Festival of Ennis Texas is a registered charity in United States, based in Ennis, TX. It received its IRS tax-exemption ruling in June 2015, 11 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 July 2024, National Polka Festival of Ennis Texas reported income of $165k and spending of $144k, spending 87% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $92k to $165k (+80%), an average of +80% a year. The sharpest change came in the year to July 2024, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Polka Festival of Ennis Texas sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Womens High-Tech Coalition ($165k), Polari Inc ($165k) and New Bedford Museum of Glass Inc ($165k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.3% of the total. Other salaries and wages came to $1,500. At year end it held assets of $112k against liabilities of $23k, net assets of $89k.