German Christmas Market of Oconomowoc

Analysis

German Christmas Market of Oconomowoc is a registered charity in United States, based in Oconomowoc, WI. It received its IRS tax-exemption ruling in June 2020, 6 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, German Christmas Market of Oconomowoc reported income of $134k and spending of $25k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $134k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, German Christmas Market of Oconomowoc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Downtown Brooklyn Arts Alliance Inc ($134k), Hackers Conference Inc ($134k) and Smithfield-Preston Foundation ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $386k against liabilities of $0, net assets of $386k.