Friends of the Big Fresno Fair

Analysis

Friends of the Big Fresno Fair is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in January 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Friends of the Big Fresno Fair reported income of $418k and spending of $583k, spending 139% of what it took in. Across the 6 years on record, from February 2019 to February 2024, income fell from $562k to $418k (-26%), an average of -5.7% a year. The sharpest change came in the year to February 2020, when income rose by 200%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Big Fresno Fair sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Black Mountain-Swannanoa Art Center ($418k), Austerlitz Historical Society ($418k) and Ink Cares ($418k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.