Moab Music Festival Inc

Analysis

Moab Music Festival Inc is a registered charity in United States, based in Moab, UT. It received its IRS tax-exemption ruling in May 1993, 33 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, Moab Music Festival Inc reported income of $816k and spending of $948k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $917k to $816k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moab Music Festival Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within UT. Charities of a similar size with the same main cause include Mid-Atlantic Research Infrastructure Alliance ($816k), Wichita Falls Alliance for Arts & Culture ($816k) and Weathervane Playhouse ($816k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 11% of the total. Other salaries and wages came to $279k. At year end it held assets of $2.0m against liabilities of $20k, net assets of $2.0m. It reported 26 employees.