Evergreen Music Festival

Analysis

Evergreen Music Festival is a registered charity in United States, based in Evergreen, CO. It received its IRS tax-exemption ruling in May 1996, 30 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, Evergreen Music Festival reported income of $102k and spending of $80k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $102k (+103%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 279%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Evergreen Music Festival sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Historical Foundation of Hillsborough and Orange County ($102k), Kennesaw Museum Foundation Inc ($102k) and Bridgeport High School Band Patrons Inc ($102k).

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 $87k against liabilities of $0, net assets of $87k.