Seymour Oktoberfest Inc

Analysis

Seymour Oktoberfest Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in July 2018, 8 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, Seymour Oktoberfest Inc reported income of $184k and spending of $238k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $184k (+3.7%), an average of +3.7% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seymour Oktoberfest Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include True Blue Jazz Inc ($184k), Arthatch ($184k) and Del Shores Foundation Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.