Athens Storytelling Festival Inc

Analysis

Athens Storytelling Festival Inc is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Athens Storytelling Festival Inc reported income of $87k and spending of $87k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $87k (+8.3%), an average of +8.3% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athens Storytelling Festival Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include Institute of Musical Traditions Inc ($87k), Noel Community Arts Program ($87k) and Disability in Uinta County ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 33% of the total. At year end it held assets of $18k against liabilities of $4,541, net assets of $14k.