Ish Festival

Analysis

Ish Festival is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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, Ish Festival reported income of $167k and spending of $111k, leaving 33% of income unspent that year. Across the 4 years on record, from October 2021 to December 2023, income fell from $675k to $167k (-75%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ish Festival sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Southlake Foundation ($167k), Journey Pregnancy & Life Hub ($167k) and Wausau Youth Basaball Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 13% of the total. Other salaries and wages came to $25k. At year end it held assets of $284k against liabilities of $55k, net assets of $229k.