August Quarterly Festival Committee Inc

Nonprofit profile at a glance

EIN
464643423
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025
Location
Wilmington, DE, USA
Phone
3023730403
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Commemorative Events

Reported finances

Revenue
$121,414
Expenses
$134,131
Assets
$32,631
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Marilyn Monk (Chair)
  • William Jones (Treasurer)
  • Hiram Dyer (Logistics Coordinator)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The August Quarterly commemorates and celebrates the significant historical perspectives of our nation in general and the African American experience in particular. It educates participants on a variety of American freedom movements, including, but not limited to, the Underground Railroad, the August Quarterly, the Abolitionist Movement, and other revered freedom movements. The vision of the August Quarterly Festival Committee is to become a center for cultural activities and programs that reinforce a sense of belonging and pride within the African American community for youth, for families, and for senior citizens. To educate the nation in the history and significance of the oldest African American festival in the United States. To relate and recognize the connection between the Underground Railroad and its contribution to the freedom and independence of African Americans.

What it reported doing in 2025

In 2025, Wilmington, Delaware hosted a two-day festival. We are commemorating the legacy of the Big Quarterly and the Peter Spencer's values for 211 years. The first day's programming was tailored to the needs of children and young people. Day two is the customary celebration, which includes food, vending, a children's area, and choirs from local and regional churches. We also had a health pavilion where doctors and community organizations offered free health-related services and information. All events are free and open to the public.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -10.5%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 16.6% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 11.2% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 20.6% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.