Columbia International Festival

Analysis

Columbia International Festival is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 2009, 17 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, Columbia International Festival reported income of $412k and spending of $427k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $402k to $412k (+2.4%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia International Festival sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include The Theatre Company of Bryan- College Station ($412k), Turning Point Center for Families ($412k) and Sun Valley Jazz Jamboree Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $63k against liabilities of $25k, net assets of $38k.