Mount Vernon Music & Arts Festival Inc
Only null% goes to programs Strong reserves Growing revenue
Mount Vernon Music & Arts Festival Inc is a 501(c)(3) organization based in Mount Vernon, Ohio, registered in 2014, with $192,336 in FY2024 revenue. CharityIndex grades it B.
501 S Main St, Mount Vernon, OH, 43050 EIN 31-1600149 Since 2014
Revenue (FY2024)
$192K
▲ 42.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$140K
Net assets
$81K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Mount Vernon Music & Arts Festival Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +27% margin
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 Mount Vernon Music & Arts Festival Inc: 7 mo reserves · +27% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Mount Vernon Music & Arts Festival Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Mount Vernon Music & Arts Festival Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 501 S Main St, Mount Vernon, OH, 43050
- City
- Mount Vernon
- State
- Ohio
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $71K (FY2016) to $192K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
27.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$81K
Net assets
$81K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $192,336▲42.6% | $140,479▲11.6% | $81,318▲176% | $81,318▲176% | 990EZ |
| 2023 | $134,889▼13.8% | $125,893▼15.0% | $29,461▲44.0% | $29,461▲44.0% | 990EZ |
| 2022 | $156,519▲70.9% | $148,173▲54.5% | $20,465▲68.9% | $20,465▲67.7% | 990EZ |
| 2021 | $91,589▲190% | $95,916▲174% | $12,119▼26.3% | $12,206▼26.2% | 990EZ |
| 2020 | $31,623▼58.4% | $34,967▼55.0% | $16,446▲137% | $16,533▲138% | 990EZ |
| 2018 | $76,001▼9.8% | $77,716▼9.3% | $6,933▼17.7% | $6,933▼17.7% | 990EZ |
| 2017 | $84,269▲18.9% | $85,724▲4.2% | $8,423▼14.7% | $8,423▼14.7% | 990EZ |
| 2016 | $70,849 | $82,253 | $9,878 | $9,878 | 990EZ |
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.
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Frequently asked questions
- Is Mount Vernon Music & Arts Festival Inc a legitimate nonprofit?
- Yes. Mount Vernon Music & Arts Festival Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1600149, based in Mount Vernon, Ohio. Donations are tax-deductible.
- What is Mount Vernon Music & Arts Festival Inc's EIN?
- Mount Vernon Music & Arts Festival Inc's Employer Identification Number (EIN) is 31-1600149.
- How much revenue does Mount Vernon Music & Arts Festival Inc report?
- Mount Vernon Music & Arts Festival Inc reported $192,336 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mount Vernon Music & Arts Festival Inc have?
- CharityIndex grades Mount Vernon Music & Arts Festival Inc B, based on financial health (reserves and operating margin).
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Data for Mount Vernon Music & Arts Festival Inc (EIN 31-1600149) 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.