Ohio Hills Folk Festival

Analysis

Ohio Hills Folk Festival is a registered charity in United States, based in Quaker City, OH. It received its IRS tax-exemption ruling in January 2022, 4 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, Ohio Hills Folk Festival reported income of $85k and spending of $85k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $85k (+6.8%), an average of +6.8% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohio Hills Folk Festival sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include National Museum of the Americancoverlet Inc ($85k), Zygon Journal of Religion and Science NFP ($85k) and International Artists Manifest ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.