Hostfest-heritage Foundation is a 501(c)(3) organization based in Minot, North Dakota, registered in 2000, with $285,288 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$285K
▲ 4589.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$253K
Net assets
$61K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hostfest-heritage Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hostfest-heritage Foundation: 3 mo reserves · +11% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hostfest-heritage Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hostfest-heritage Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $749K (FY2013) to $285K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61K
Total liabilities
$0
Net assets
$61K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $285,288▲4590% | $252,553▲1336% | $60,800▲117% | $60,800▲117% | 990 |
| 2024 | $6,083▼76.2% | $17,593▼97.6% | $28,065▼29.1% | $28,065▼29.1% | 990 |
| 2023 | $25,592▼59.8% | $732,230▲1256% | $39,575▼94.7% | $39,575▼94.7% | 990 |
| 2022 | $63,681▼64.5% | $53,994▼80.3% | $746,213▲1.3% | $746,213▲1.3% | 990 |
| 2021 | $179,544▲1257% | $274,770▲157% | $736,526▼11.4% | $736,529▼11.5% | 990 |
| 2020 | $13,229▼94.3% | $106,910▼78.9% | $831,752▼10.1% | $832,080▼10.1% | 990 |
| 2019 | $230,469▲87.6% | $507,594▲314% | $925,433▼23.0% | $925,458▼25.8% | 990 |
| 2018 | $122,835▲755% | $122,641▼71.6% | $1,202,558 | $1,247,416▲3.7% | 990 |
| 2017 | $14,361▼97.4% | $432,101▼4.4% | $1,202,364▼25.8% | $1,202,364▼25.9% | 990 |
| 2016 | $561,583▲40.5% | $451,973▲182% | $1,620,104▲7.3% | $1,621,833▲7.3% | 990 |
| 2015 | $399,633▲1279% | $160,354▼55.8% | $1,510,494▲18.8% | $1,511,734▲18.8% | 990 |
| 2014 | $28,982▼96.1% | $362,422▲147% | $1,271,215▼20.8% | $1,272,923▼20.7% | 990 |
| 2013 | $749,104 | $146,978▼35.3% | $1,604,655▲60.1% | $1,604,655▲60.1% | 990 |
| 2012 | — | $227,202▲544% | $1,002,529▼14.3% | $1,002,529▼14.3% | 990 |
| 2011 | — | $35,255▲418% | $1,169,335▲69.0% | $1,169,335▲69.0% | 990 |
| 2010 | — | $6,800 | $692,069 | $692,069 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Hostfest-heritage Foundation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Culture & arts | 2021 | $10,000 |
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Data for Hostfest-heritage Foundation (EIN 41-1960917) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.