Kansasfest Inc

Analysis

Kansasfest Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 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, Kansasfest Inc reported income of $57k and spending of $51k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $19k to $57k (+202%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansasfest Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include Frisco Ballet ($57k), Iowa Geographic Information Council ($57k) and Midsummer Mozart ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.