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Philadelphia Folksong Society Inc

Philadelphia, Pennsylvania · EIN 23-6296972 · Arts, Culture & Humanities · tax-exempt since 1962

A

Charity Clarity grade A (score 93.7 of 100), based on the Form 990 for the year ended December 2024.

Graded against 44,780 arts, culture & humanities nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.3.1 months100
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.86
Revenue spreadHow much revenue rests on one type of income.9% from one source92
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20172018201920202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$1.33M$1.02M$305K$264K3.10A
Dec 2023Form 990$240K$191K$49K−$42K-2.61D
Dec 2022Form 990$1.50M$1.77M−$273K−$56K-0.45C
Dec 2021Form 990$936K$550K$386K$219K4.83B
Dec 2020Form 990$886K$767K$119K−$160K-2.56D
Mar 2019Form 990$1.43M$1.81M−$387K$1,7810.08C
Mar 2018Form 990$1.48M$1.56M−$76K$379K2.97A
Mar 2017Form 990$1.28M$1.43M−$152K$457K3.86A

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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