Green Lake Festival of Music

Analysis

Green Lake Festival of Music is a registered charity in United States, based in Green Lake, WI. It received its IRS tax-exemption ruling in March 1980, 46 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 September 2023, Green Lake Festival of Music reported income of $278k and spending of $285k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $266k to $278k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to September 2021, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Green Lake Festival of Music sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include San Jose Choral Project ($278k), Wyck Association ($278k) and Christian Home Educators Assoc of California ($278k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 16% of the total. Other salaries and wages came to $86k. At year end it held assets of $927k against liabilities of $1,271, net assets of $926k. It reported 1 employees.