Peter Britt Gardens Music and Arts Festival Association

Analysis

Peter Britt Gardens Music and Arts Festival Association is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in August 1965, 61 years ago. 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, Peter Britt Gardens Music and Arts Festival Association reported income of $4.9m and spending of $5.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.9m (+6.8%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peter Britt Gardens Music and Arts Festival Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Paragon Support Systems Inc ($4.9m), Big Brothers Big Sisters of the Bay Area ($4.9m) and Aspira Inc de Puerto Rico ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $195k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $11.9m against liabilities of $2.8m, net assets of $9.1m. It reported 75 employees.