Spanish Peaks International Celtic Music Festival Inc

Analysis

Spanish Peaks International Celtic Music Festival Inc is a registered charity in United States, based in LA Veta, CO. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Spanish Peaks International Celtic Music Festival Inc reported income of $68k and spending of $58k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $68k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spanish Peaks International Celtic Music Festival Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Miniature Museum of Greater St Louis ($68k), Bright Rising Studio Inc ($68k) and Childrens Institute of Fashion Arts Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.