Johnny Appleseed Festival Inc

Analysis

Johnny Appleseed Festival Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in November 1990, 36 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, Johnny Appleseed Festival Inc reported income of $207k and spending of $141k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $155k to $207k (+34%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Johnny Appleseed Festival Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Classical Rush Dallas ($207k), Northwest Vintage Car and Motorcycle Museum Inc ($207k) and Evergreen Players Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. At year end it held assets of $243k against liabilities of -$2, net assets of $243k.