Santa Fe Fiesta Inc

Analysis

Santa Fe Fiesta Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Fe Fiesta Inc reported income of $379k and spending of $121k, leaving 68% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $232k to $379k (+63%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Fe Fiesta Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Savannah Museum of African Art Inc ($379k), Gullah Traveling Theater ($379k) and Anguilla Progressive Association of New York Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.