Michigan Irish Music Festival Muskegon

Analysis

Michigan Irish Music Festival Muskegon is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in November 2000, 26 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, Michigan Irish Music Festival Muskegon reported income of $898k and spending of $811k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $664k to $898k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 341%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Irish Music Festival Muskegon sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include The Arts Council of Moore County Inc ($898k), Austin Womans Club ($898k) and Bioscience Los Angeles County Inc ($898k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $543k against liabilities of $1,871, net assets of $541k.