Holiday World Music Festival

Analysis

Holiday World Music Festival is a registered charity in United States, based in Fort Branch, IN. It received its IRS tax-exemption ruling in October 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 (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, Holiday World Music Festival reported income of $91k and spending of $89k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $91k (-3.4%), an average of -3.4% a year. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holiday World Music Festival sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include Radio Free Palmer ($91k), Turnpark Art Space Inc ($91k) and Photo Americas ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,128 against liabilities of $0, net assets of $7,128.