Tumbleweed Festival Inc

Analysis

Tumbleweed Festival Inc is a registered charity in United States, based in Garden City, KS. It received its IRS tax-exemption ruling in June 1992, 34 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, Tumbleweed Festival Inc reported income of $82k and spending of $67k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $82k (-0.7%), an average of -0.7% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tumbleweed Festival Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within KS. Charities of a similar size with the same main cause include Phoenicia Festival of the Voice Foundation ($82k), Wiley H Bates Legacy Center Inc ($82k) and Beyond the 4th Wall Expression Theatre ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.