Fremont-Midland Entertainment Series

Analysis

Fremont-Midland Entertainment Series is a registered charity in United States, based in Fremont, NE. It received its IRS tax-exemption ruling in March 1984, 42 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 May 2024, Fremont-Midland Entertainment Series reported income of $53k and spending of $56k, spending 106% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $44k to $53k (+21%), an average of +21% a year. The sharpest change came in the year to May 2024, when income rose by 21%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fremont-Midland Entertainment Series sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within NE. Charities of a similar size with the same main cause include Southern Utah Art Guild Inc ($53k), Energy and Mineral Law Foundation ($53k) and HCHS Touchdown Club Inc ($53k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.