Saint Charles Oktoberfest

Analysis

Saint Charles Oktoberfest is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in October 2023, 3 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, Saint Charles Oktoberfest reported income of $450k and spending of $703k, spending 156% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $631k to $450k (-29%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 166%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Charles Oktoberfest sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Northern Lights Music Festival ($450k), Media Literacy Now ($450k) and Arkansas City Area Arts Council Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 289% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.