The Festival Foundation
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,362,646↑17% | $5,338,700↑23% | $1,390,242↓5% | — |
| 2022 | $4,565,069↑97% | $4,338,645↑107% | $1,466,611↑7% | — |
| 2021 | $2,322,216↑549% | $2,092,005↑144% | $1,368,579↓10% | — |
| 2020 | $357,740↓91% | $858,923↓78% | $1,522,335↑4% | — |
| 2019 | $4,047,608↑34% | $3,840,702↑27% | $1,469,219↑72% | — |
| 2018 | $3,029,381↑7% | $3,020,085↑13% | $853,685↓2% | — |
| 2017 | $2,830,765↑12% | $2,682,542↑15% | $875,534↑23% | — |
| 2016 | $2,525,562↑3713% | $2,324,243↑3339% | $714,687↑777% | — |
| 2015 | $66,240↓12% | $67,585↑82% | $81,471↑2% | — |
| 2014 | $75,479↑119% | $37,161↑38% | $79,885↑124% | — |
| 2013 | $34,428↓61% | $26,859↓65% | $35,664↓16% | — |
| 2012 | $87,997↑231% | $77,688↑197% | $42,615↑87% | — |
| 2011 | $26,546 | $26,129 | $22,731 | — |
Frequently Asked Questions
What does The Festival Foundation do?▼
The Festival Foundation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Festival Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Festival Foundation has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Festival Foundation generate?▼
The Festival Foundation reports $4.8M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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