New Bremen Festival Association

Analysis

New Bremen Festival Association is a registered charity in United States, based in New Bremen, OH. It received its IRS tax-exemption ruling in January 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, New Bremen Festival Association reported income of $116k and spending of $116k, spending 100% of its income. Across the 3 years on record, from February 2022 to February 2024, income grew from $115k to $116k (+0.8%), an average of +0.4% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Bremen Festival Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Vinton Sandlot Booster Club Inc ($116k), Chestnut Ridge Conservancy ($116k) and Little League Baseball Inc ($116k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.