Columbia International Festival
EIN: 264176230 · Columbia, SC · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $427K |
| Net Assets | $38K |
Is Columbia International Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Columbia International Festival
Columbia International Festival (EIN: 264176230) is a nonprofit organization based in Columbia, SC, classified under NTEE code A23. The organization reported total revenue of $556K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia International Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia International Festival is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $412K |
| Total Expenses | $427K |
| Surplus / Deficit | $-14,769 |
| Total Assets | $63K |
| Total Liabilities | $25K |
| Net Assets | $38K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 39.5% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Columbia International Festival reported a deficit of $15K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 39.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbia International Festival's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +13.1% | +18.4% |
| 2022 | +9.2% | +51.4% | -45.8% |
| 2021 | +131.3% | +221.8% | +126.3% |
| 2020 | -66.8% | -80.5% | — |
| 2019 | -1.7% | -0.7% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Columbia International Festival has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Columbia International Festival with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.5%.
Frequently Asked Questions about Columbia International Festival
Is Columbia International Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia International Festival (EIN: 264176230) insufficient data. 0 red flags identified, 0 strengths noted.
How does Columbia International Festival spend its money?
Detailed spending breakdown data is not yet available for Columbia International Festival. Check back for updated IRS 990 analysis.
Are donations to Columbia International Festival tax-deductible?
Columbia International Festival is registered as a tax-exempt nonprofit (EIN: 264176230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Columbia International Festival located?
Columbia International Festival is headquartered in Columbia, South Carolina and files with the IRS under EIN 264176230. It is classified under NTEE code A23.
How many years of IRS 990 filings does Columbia International Festival have?
Columbia International Festival has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $556K in total revenue.
Filing History
IRS 990 filing history for Columbia International Festival showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia International Festival's revenue has grown by 177.9%, moving from $148K to $412K. Total assets increased by 3034.7% over the same period, from $2K to $63K. Total functional expenses rose by 154.8%, from $168K to $427K. In its most recent filing year (2023), Columbia International Festival reported a deficit of $15K, with expenses exceeding revenue. The organization holds $25K in liabilities against $63K in assets (debt-to-asset ratio: 39.5%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $412K | $427K | $63K | $25K | — | — |
| 2022 | $332K | $377K | $53K | $376 | — | — |
| 2021 | $304K | $249K | $99K | $380 | — | View 990 |
| 2020 | $132K | $77K | $44K | $279 | — | View 990 |
| 2019 | $396K | $398K | $-10,526 | $280 | — | View 990 |
| 2018 | $402K | $400K | $-8,952 | $-100 | — | View 990 |
| 2017 | $384K | $390K | $-1,011 | $10K | — | — |
| 2016 | $297K | $282K | $-54 | $-10,359 | — | — |
| 2015 | $252K | $257K | $-640 | $6K | — | — |
| 2014 | $211K | $247K | $12K | $14K | — | View 990 |
| 2013 | $48K | $8K | $35K | $595 | — | View 990 |
| 2012 | $166K | $159K | $10K | $16K | — | View 990 |
| 2011 | $148K | $168K | $2K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $412K, expenses of $427K, and assets of $63K (revenue +24.0% year-over-year).
- 2022: Revenue of $332K, expenses of $377K, and assets of $53K (revenue +9.2% year-over-year).
- 2021: Revenue of $304K, expenses of $249K, and assets of $99K (revenue +131.3% year-over-year).
- 2020: Revenue of $132K, expenses of $77K, and assets of $44K (revenue -66.8% year-over-year).
- 2019: Revenue of $396K, expenses of $398K, and assets of $-10,526 (revenue -1.7% year-over-year).
- 2018: Revenue of $402K, expenses of $400K, and assets of $-8,952 (revenue +4.9% year-over-year).
- 2017: Revenue of $384K, expenses of $390K, and assets of $-1,011 (revenue +29.1% year-over-year).
- 2016: Revenue of $297K, expenses of $282K, and assets of $-54 (revenue +17.7% year-over-year).
- 2015: Revenue of $252K, expenses of $257K, and assets of $-640 (revenue +19.8% year-over-year).
- 2014: Revenue of $211K, expenses of $247K, and assets of $12K (revenue +337.6% year-over-year).
- 2013: Revenue of $48K, expenses of $8K, and assets of $35K (revenue -71.1% year-over-year).
- 2012: Revenue of $166K, expenses of $159K, and assets of $10K (revenue +12.2% year-over-year).
- 2011: Revenue of $148K, expenses of $168K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbia International Festival:
Data Sources and Methodology
This transparency report for Columbia International Festival is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.