Festival Hall Inc

Analysis

Festival Hall Inc is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in August 2014, 12 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 September 2023, Festival Hall Inc reported income of $122k and spending of $118k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $127k to $122k (-4.3%), an average of -4.3% a year. 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, Festival Hall Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include NYC Arts Cypher Inc ($122k), Sejong Cultural Society ($122k) and Bayou Pigeon Heritage Association ($122k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 19% of the total. At year end it held assets of $114k against liabilities of $200, net assets of $114k.