Smithville Fiddlers Jamboree Crafts Festival

Analysis

Smithville Fiddlers Jamboree Crafts Festival is a registered charity in United States, based in Smithville, TN. It received its IRS tax-exemption ruling in January 1990, 36 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, Smithville Fiddlers Jamboree Crafts Festival reported income of $115k and spending of $111k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $115k (+15%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Smithville Fiddlers Jamboree Crafts Festival sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Frisco Native American Museum Association ($115k), William Harris Homestead Foundation Inc ($115k) and First Robotics Team 3357 ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $128k against liabilities of $30k, net assets of $98k.