Festival Of Bands U S A
EIN: 460400897 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $95K |
| Net Assets | $36K |
Is Festival Of Bands U S A Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Festival Of Bands U S A
Festival Of Bands U S A (EIN: 460400897) is a nonprofit organization based in Sioux Falls, SD. The organization reported total revenue of $94K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Festival Of Bands U S A's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Festival Of Bands U S A is a micro nonprofit that has been operating for 37 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $95K |
| Surplus / Deficit | $-1,508 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | -1.6% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Festival Of Bands U S A reported a deficit of $2K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2012–2023), Festival Of Bands U S A's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +3.0% | -4.0% |
| 2022 | +9.9% | +3.4% | +14.1% |
| 2021 | +557.6% | +456.3% | -3.4% |
| 2020 | -82.7% | -77.3% | -7.5% |
| 2019 | -2.0% | -1.2% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Festival Of Bands U S A 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 Festival Of Bands U S A 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 $2K, with expenses exceeding revenue.
Frequently Asked Questions about Festival Of Bands U S A
Is Festival Of Bands U S A a legitimate charity?
Festival Of Bands U S A (EIN: 460400897) is a registered tax-exempt nonprofit based in South Dakota. It has 11 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. Financial health grade: B.
How does Festival Of Bands U S A spend its money?
Festival Of Bands U S A reported $94K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Festival Of Bands U S A tax-deductible?
Festival Of Bands U S A is registered as a tax-exempt nonprofit (EIN: 460400897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Festival Of Bands U S A located?
Festival Of Bands U S A is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460400897.
How many years of IRS 990 filings does Festival Of Bands U S A have?
Festival Of Bands U S A has 11 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 $94K in total revenue.
Filing History
IRS 990 filing history for Festival Of Bands U S A showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Festival Of Bands U S A's revenue has grown by 116.1%, moving from $43K to $94K. Total assets increased by 85.9% over the same period, from $19K to $36K. Total functional expenses rose by 117.5%, from $44K to $95K. In its most recent filing year (2023), Festival Of Bands U S A reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $95K | $36K | $0 | — | View 990 |
| 2022 | $97K | $93K | $37K | $0 | — | View 990 |
| 2021 | $88K | $89K | $33K | $0 | — | — |
| 2020 | $13K | $16K | $34K | $0 | — | View 990 |
| 2019 | $78K | $71K | $37K | $0 | — | View 990 |
| 2018 | $79K | $72K | $30K | $0 | — | View 990 |
| 2017 | $63K | $63K | $22K | $0 | — | View 990 |
| 2016 | $68K | $66K | $22K | $0 | — | View 990 |
| 2015 | $62K | $63K | $20K | $0 | — | View 990 |
| 2014 | $54K | $51K | $21K | $0 | — | View 990 |
| 2012 | $43K | $44K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $95K, and assets of $36K (revenue -3.4% year-over-year).
- 2022: Revenue of $97K, expenses of $93K, and assets of $37K (revenue +9.9% year-over-year).
- 2021: Revenue of $88K, expenses of $89K, and assets of $33K (revenue +557.6% year-over-year).
- 2020: Revenue of $13K, expenses of $16K, and assets of $34K (revenue -82.7% year-over-year).
- 2019: Revenue of $78K, expenses of $71K, and assets of $37K (revenue -2.0% year-over-year).
- 2018: Revenue of $79K, expenses of $72K, and assets of $30K (revenue +26.0% year-over-year).
- 2017: Revenue of $63K, expenses of $63K, and assets of $22K (revenue -7.5% year-over-year).
- 2016: Revenue of $68K, expenses of $66K, and assets of $22K (revenue +10.6% year-over-year).
- 2015: Revenue of $62K, expenses of $63K, and assets of $20K (revenue +13.0% year-over-year).
- 2014: Revenue of $54K, expenses of $51K, and assets of $21K (revenue +25.5% year-over-year).
- 2012: Revenue of $43K, expenses of $44K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Festival Of Bands U S A:
Data Sources and Methodology
This transparency report for Festival Of Bands U S A 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.