Valley of the Moon Music Festival

Analysis

Valley of the Moon Music Festival is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 2015, 11 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, Valley of the Moon Music Festival reported income of $331k and spending of $368k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $331k (+14%), an average of +3.4% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley of the Moon Music Festival sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Schmahl Science Workshops ($331k), Anthology of Recorded Music Inc ($331k) and Wimberley Valley Radio ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $163k. At year end it held assets of $80k against liabilities of $2,292, net assets of $77k. It reported 8 employees.