Fond du Lac Festivals Inc

Analysis

Fond du Lac Festivals Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fond du Lac Festivals Inc reported income of $453k and spending of $443k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $388k to $453k (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 318%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fond du Lac Festivals Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Uptown Community Initiative ($453k), Ripples of Hope Inc ($453k) and City of Grosse Pointe Foundation ($453k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $78k (18% of expenses). Other salaries and wages came to $10k. At year end it held assets of $115k against liabilities of $1,913, net assets of $113k. It reported 1 employees.