The North Carolina Fourth of July Festival Inc

Analysis

The North Carolina Fourth of July Festival Inc is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in February 2026. 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, The North Carolina Fourth of July Festival Inc reported income of $156k and spending of $133k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $48k to $156k (+228%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 252%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The North Carolina Fourth of July Festival Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Neomuralismos de Mexico ($156k), Dance Masters of America Chapter 33 Inc ($156k) and Unity Gospel Choir International ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 13% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.