Lobby Muddy Fest

Analysis

Lobby Muddy Fest is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lobby Muddy Fest reported income of $80k and spending of $80k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $80k (+45%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lobby Muddy Fest 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 31st percentile, and in the 27th percentile within RI. Charities of a similar size with the same main cause include Vets 4 Vets Santa Cruz ($80k), Geneva National Foundation Inc ($80k) and Josie Mazzo Childrens Charities ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,460 against liabilities of $44, net assets of $2,416.