Sedona Arts Festival

Analysis

Sedona Arts Festival is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in August 2003, 23 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, Sedona Arts Festival reported income of $88k and spending of $77k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $88k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sedona Arts Festival sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include Emerson Theater Collaborative Inc ($88k), Ministry Architecture Inc ($88k) and Stage Source Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.