Arts, Culture & Humanities
(A84)
IRS Verified
DX Registered
990 on File
AUGUST QUARTERLY FESTIVAL COMMITTEE INC
Financial strength (30%)
No data yet
Reliability (20%)
76/100
Effectiveness (25%)
50/100
Impact (25%)
60/100
27
CharityAI™ Score
out of 100
Mission Statement
The mission of The August Quarterly Festival Committee, Inc. is to celebrate religious freedom, honor African American heritage, promote community unity and foster spiritual renewal. In short, the mission is to honor faith, freedom and cultural legacy, while continuing to uplift and unite people through worship, history and community
Financial Overview — FY 2023
$105K
Total Revenue
$80K
Total Expenses
$28K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
0.0%
Operating Reserve
4.24x
Liability-to-Asset
0.0%
Revenue Diversification
85.8%
Compared with Peers
FY 2025
Compared with 8,067 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2025.
This organization's figures are from FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 82.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 34.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.2 mo | 16.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.8% | 86.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
122.1% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
26.2% | 0.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
24.3% | 9.1% |
P10P90
|
CharityAI™ Evaluation — 2025
27 / 1000
Financial
61
Reliability
50
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
61
Program Effectiveness (25%)
50
Impact & Outcomes (25%)
10
0 programs
41 staff
IRS Verified 85% Data Complete
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| — | 150 | $40.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $105K | $80K | $28K | 100.0% | — |
| 2022 | $47K | $63K | $2K | 0.0% | — |
| 2021 | $63K | $50K | N/A | — | 1 |
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