Holiday World Music Festival
EIN: 824047580 · Fort Branch, IN · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $89K |
| Net Assets | $7K |
Is Holiday World Music Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holiday World Music Festival
Holiday World Music Festival (EIN: 824047580) is a nonprofit organization based in Fort Branch, IN, classified under NTEE code A68. The organization reported total revenue of $104K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holiday World Music Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holiday World Music Festival is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $89K |
| Surplus / Deficit | +$2K |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 2.4% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Holiday World Music Festival reported a surplus of $2K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Holiday World Music Festival's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | — | -92.5% |
| 2021 | -100.0% | — | -84.5% |
| 2020 | -99.7% | -100.0% | +4.5% |
| 2019 | +6.6% | — | -93.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holiday World Music 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 Holiday World Music 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 surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Holiday World Music Festival
Is Holiday World Music Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Holiday World Music Festival (EIN: 824047580) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holiday World Music Festival spend its money?
Detailed spending breakdown data is not yet available for Holiday World Music Festival. Check back for updated IRS 990 analysis.
Are donations to Holiday World Music Festival tax-deductible?
Holiday World Music Festival is registered as a tax-exempt nonprofit (EIN: 824047580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holiday World Music Festival located?
Holiday World Music Festival is headquartered in Fort Branch, Indiana and files with the IRS under EIN 824047580. It is classified under NTEE code A68.
How many years of IRS 990 filings does Holiday World Music Festival have?
Holiday World Music Festival has 6 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 $104K in total revenue.
Filing History
IRS 990 filing history for Holiday World Music Festival showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Holiday World Music Festival's revenue has declined by 16.2%, moving from $109K to $91K. Total assets decreased by 93.4% over the same period, from $109K to $7K. In its most recent filing year (2023), Holiday World Music Festival reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $89K | $7K | $0 | — | View 990 |
| 2022 | $94K | $0 | $96K | $0 | — | View 990 |
| 2021 | $0 | $0 | $1K | $0 | — | — |
| 2020 | $323 | $0 | $8K | $0 | — | View 990 |
| 2019 | $116K | $109K | $7K | $0 | — | View 990 |
| 2018 | $109K | $0 | $109K | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $89K, and assets of $7K (revenue -3.4% year-over-year).
- 2022: Revenue of $94K, expenses of $0, and assets of $96K.
- 2021: Revenue of $0, expenses of $0, and assets of $1K (revenue -100.0% year-over-year).
- 2020: Revenue of $323, expenses of $0, and assets of $8K (revenue -99.7% year-over-year).
- 2019: Revenue of $116K, expenses of $109K, and assets of $7K (revenue +6.6% year-over-year).
- 2018: Revenue of $109K, expenses of $0, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holiday World Music Festival:
Data Sources and Methodology
This transparency report for Holiday World Music 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.