Polish Festival

Analysis

Polish Festival is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2012, 14 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, Polish Festival reported income of $136k and spending of $71k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $653 to $136k (+20781%), an average of +20781% a year. The sharpest change came in the year to December 2023, when income rose by 20781%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Polish Festival sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OR. Charities of a similar size with the same main cause include Union Museum of History and Art ($136k), Bijte E Shqipes ($136k) and Siskiyou Arts Museum ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.