Music Festival of Rosendale Inc

Analysis

Music Festival of Rosendale Inc is a registered charity in United States, based in Rosendale, NY. It received its IRS tax-exemption ruling in June 2004, 22 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, Music Festival of Rosendale Inc reported income of $66k and spending of $72k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $66k (+12%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Festival of Rosendale Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Hutchinson Theatre Company ($66k), Vintage Band Music Festival ($66k) and Somos Cultura Y Mas ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.