Corvallis Fall Festival Inc

Analysis

Corvallis Fall Festival Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 1995, 31 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 November 2023, Corvallis Fall Festival Inc reported income of $144k and spending of $129k, spending 90% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $133k to $144k (+8.7%), an average of +8.7% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Corvallis Fall Festival Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Archery Hall of Fame and Museum Inc ($144k), Jewish Literary Foundation a New Jersey Nonprofit Corporation ($144k) and Theater Resources Unlimited Inc ($144k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 7.7% and program service revenue 87% of the total. At year end it held assets of $122k against liabilities of $527, net assets of $122k.