Delaware Water Gap Celebration of Arts Inc

Analysis

Delaware Water Gap Celebration of Arts Inc is a registered charity in United States, based in De Water Gap, PA. It received its IRS tax-exemption ruling in August 1986, 40 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, Delaware Water Gap Celebration of Arts Inc reported income of $52k and spending of $59k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $52k (-10%), an average of -10% a year. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Water Gap Celebration of Arts Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include New York Guitar Festival ($52k), The Grand River Historical Society and Museum ($52k) and National Stearman Fly-In NFP Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.