Paderewski Festival

Analysis

Paderewski Festival is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Paderewski Festival reported income of $51k and spending of $59k, spending 114% of what it took in. Across the 2 years on record, from December 2019 to December 2023, income grew from $12k to $51k (+310%), an average of +310% a year. The sharpest change came in the year to December 2023, when income rose by 310%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Paderewski Festival sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Desert Communities Soccer Club ($51k), Nigerian Soccer League ($51k) and New Castle Henry County Youth Baseball League Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.