Seriesfest

Analysis

Seriesfest is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2018, 8 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 August 2023, Seriesfest reported income of $1.7m and spending of $2.2m, spending 128% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $1.7m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to August 2021, when income rose by 108%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seriesfest sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Global Digital Heritage ($1.7m), Evansville Museum of Arts and Science ($1.7m) and Lake Champlain Maritime Museum at Basin Harbor Incorporated ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $147k (6.6% of expenses). Other salaries and wages came to $482k. At year end it held assets of $265k against liabilities of $51k, net assets of $214k. It reported 10 employees.