Durango Playfest

Analysis

Durango Playfest is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in June 2019, 7 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 September 2023, Durango Playfest reported income of $172k and spending of $158k, spending 91% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $167k to $172k (+3.4%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Durango Playfest sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Korean Culture Center of Dallas ($172k), Texas Early Music Project ($173k) and Eastside Heritage Center ($172k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. At year end it held assets of $95k against liabilities of $1,299, net assets of $94k.