Arts, Culture & Humanities
(A600)
IRS Verified
DX Registered
990 on File
IRISH FESTIVALS INC
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of CelticMKE, home of Milwaukee Irish Fest, is to promote and celebrate all aspects of Irish, Irish American and Celtic cultures, and to instill an appreciation of their heritage in current and future generations.
Financial Overview — FY 2024
$2.9M
Total Revenue
$3.3M
Total Expenses
$2.5M
Net Assets
14
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.2%
Fundraising Efficiency
60.9%
Operating Reserve
9.12x
Liability-to-Asset
6.4%
Revenue Diversification
85.1%
Executive Compensation
$122K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
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
|
85.2% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 5.4% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
60.9% | 240.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.1 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.4% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.1% | 74.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-3.3% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.1% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-13.4% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.9M | $3.3M | $2.5M | 85.2% | 14 |
| 2023 | $3.0M | $3.2M | $3.3M | 83.4% | 14 |
| 2022 | $2.8M | $3.1M | $3.3M | 83.3% | 16 |
| 2021 | $3.5M | $2.5M | N/A | — | 9 |
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