California Strawberry Festival

Analysis

California Strawberry Festival is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, California Strawberry Festival reported income of $1.2m and spending of $859k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+1.3%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 454%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Strawberry Festival sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include The National Jazz Museum in Harlem ($1.2m), RCM America Inc ($1.2m) and Magnum Cultural Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $451k against liabilities of $506, net assets of $450k.