Yellowstone Beer Fest

Analysis

Yellowstone Beer Fest is a registered charity in United States, based in Cody, WY. It received its IRS tax-exemption ruling in February 2021, 5 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, Yellowstone Beer Fest reported income of $94k and spending of $108k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $94k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yellowstone Beer Fest sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WY. Charities of a similar size with the same main cause include Sioux City Conservatory of Music ($94k), Antigua Progressive Society Inc ($94k) and Alameda County Science and Engineering Fair Association ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.