The Mill Valley Fall Arts Festival

Analysis

The Mill Valley Fall Arts Festival is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in September 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 December 2023, The Mill Valley Fall Arts Festival reported income of $239k and spending of $218k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $239k (+7.5%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Mill Valley Fall Arts Festival sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include International Society for Behavioral Ecology ($239k), Parkway Playhouse of Burnsville Inc ($239k) and North Fork Community Theatre Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $13k. At year end it held assets of $98k against liabilities of $3,430, net assets of $95k. It reported 1 employees.