THE LOWELL FESTIVAL FOUNDATION

LOWELL, MA, 01852 (978) 275-1764 Est. 1974 EIN 04-2578293
A200 - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)
www.lowellsummermusic.org

Mission

THE ORGANIZATIONS PRIMARY PURPOSE IS TO ENCOURAGE CHARITABLE, CIVIC AND EDUCATIONAL ACTIVITIES BY BUSINESS AND INDIVIDUALS IN THE CITY OF LOWELL, MASSACHUSETTS THROUGH ENTERTAINMENT AND FESTIVAL ACTIVITIES.

Giving Portfolio

Total Grants
2
Total Giving
$241K
Recipients
2
Years Active
2018 - 2019
Avg grant: $120,701 Median: $120,701

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20191$116K $116K01
20181$126K $126K10

Top States

Massachusetts
2

Grantee Size Profile

$100K - $500K
2

Top Grantees

$241K

Grants Awarded · 2 grants

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Financials

Total Revenue
$1,642,760
Total Expenses
$1,678,284
Net Assets
$527,424
37 employees 1,812 volunteers
From latest filing (tax period ending 2025-04-30)

Financial Health

Operating Reserve
3.8 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 9.9%
Expenses ↓ 13.9%
Revenue Sources
Contributions 40.8% Earned revenue 55.1% Investment 0.1% Other 4.0%
Expense Breakdown
Program 83.4% Management 11.2% Fundraising 5.5%

Officers & Trustees (6)

Individual compensation is available on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
May 1, 2024 to Apr 30, 2025
$1,642,760 ↓$1,678,284$527,424
2023 990 - Public charity return
May 1, 2023 to Apr 30, 2024
$1,824,172 ↑$1,949,382$562,947
2022 990 - Public charity return
May 1, 2022 to Apr 30, 2023
$1,529,587 ↑$1,552,966$617,257
2020 990 - Public charity return
May 1, 2020 to Apr 30, 2021
$126,924 ↓$209,775$145,367
2019 990 - Public charity return
May 1, 2019 to Apr 30, 2020
$1,438,881 ↓$1,531,550$228,218
2018 990 - Public charity return
May 1, 2018 to Apr 30, 2019
$1,745,147 $1,867,300$320,887

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EIN: 04-2578293 · Source: IRS Form 990 e-file data