Danish Festival Inc

Analysis

Danish Festival Inc is a registered charity in United States, based in Greenville, MI. It received its IRS tax-exemption ruling in August 2015, 11 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, Danish Festival Inc reported income of $171k and spending of $189k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $171k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danish Festival Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Metropolitan Youth Symphony Inc ($171k), Zephyrus Arts Institute ($171k) and Atwater Pentecost Club ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 90% of the total. At year end it held assets of $244k against liabilities of $12k, net assets of $231k.