Crested Butte Wildflower Festival Inc

Analysis

Crested Butte Wildflower Festival Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Crested Butte Wildflower Festival Inc reported income of $248k and spending of $222k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $248k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crested Butte Wildflower Festival Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Wolves Football Association ($248k), Page Valley Agricultural & Industrial Fair Association Inc ($249k) and Tesori Family Foundation Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $54k (24% of expenses). Other salaries and wages came to $32k. At year end it held assets of $157k against liabilities of $71k, net assets of $86k. It reported 4 employees.