Bellingham Festival of Music

Analysis

Bellingham Festival of Music is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in August 1994, 32 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, Bellingham Festival of Music reported income of $575k and spending of $516k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $575k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 65%. 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, Bellingham Festival of Music sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Mobile Art Council Inc ($575k), Haddonfield Plays and Players ($575k) and Aurora Picture Show ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $700k against liabilities of $5,939, net assets of $694k.