Sweet Pea a Festival of the Arts

Analysis

Sweet Pea a Festival of the Arts is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 1982, 44 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, Sweet Pea a Festival of the Arts reported income of $423k and spending of $461k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $342k to $423k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sweet Pea a Festival of the Arts 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 68th percentile within MT. Charities of a similar size with the same main cause include Forest Products Society ($423k), Tri-State Umiya Dham of Cincinnati ($423k) and Little Theatre of Shreveport ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $63k (14% of expenses). Other salaries and wages came to $11k. At year end it held assets of $477k against liabilities of $2,756, net assets of $474k. It reported 2 employees.