Fox Cities Festival of Lights Incorporated

Analysis

Fox Cities Festival of Lights Incorporated is a registered charity in United States, based in Menasha, WI. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fox Cities Festival of Lights Incorporated reported income of $88k and spending of $60k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $88k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fox Cities Festival of Lights Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Chadron Community Foundation Inc ($88k), Smiles with Style Inc ($88k) and Kent Community Fund Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.