Murphysboro Apple Festival Inc

Analysis

Murphysboro Apple Festival Inc is a registered charity in United States, based in Murphysboro, IL. It received its IRS tax-exemption ruling in May 2017, 9 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 April 2023, Murphysboro Apple Festival Inc reported income of $234k and spending of $185k, leaving 21% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income grew from $175k to $234k (+34%), an average of +34% a year. The sharpest change came in the year to April 2023, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Murphysboro Apple Festival Inc 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 57th percentile within IL. Charities of a similar size with the same main cause include Southern Association for Performance Arts Inc ($234k), Newberry Museum ($234k) and Elmwood Community Playhouse Inc ($234k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 37% and program service revenue 51% of the total. At year end it held assets of $423k against liabilities of $5,000, net assets of $418k.