The Community Festival

Analysis

The Community Festival is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1978, 48 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, The Community Festival reported income of $346k and spending of $383k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $396k to $346k (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income rose by 3302%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Community Festival sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Women on the Worldstage Wow Inc ($346k), Arts House Schools Inc ($346k) and Hope Stone Inc ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 33% of the total. At year end it held assets of $447k against liabilities of $0, net assets of $447k.