Amana Colonies Festivals Inc

Analysis

Amana Colonies Festivals Inc is a registered charity in United States, based in Amana, IA. It received its IRS tax-exemption ruling in June 2014, 12 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 March 2023, Amana Colonies Festivals Inc reported income of $210k and spending of $215k, spending 102% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $202k to $210k (+3.7%), an average of +1.2% a year. The sharpest change came in the year to March 2022, when income rose by 263%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amana Colonies Festivals Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include San Francisco Independent Film Festival ($210k), Playpenn Inc ($210k) and Southern Appalachian Historical Association ($210k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $40k. At year end it held assets of $57k against liabilities of $1,781, net assets of $55k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.