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Texas · Nonprofit

FESTIVAL ON THE BRAZOS

FESTIVAL ON THE BRAZOS (Texas) receives grants from 3 organizations whose IRS filings report $316,251 to it, the largest being MARGARET CB & S SPENCER N BROWN FOUNDATION INC ($183,417). 2 of them have funded it in more than one year.

Revenue FY2025
$679k
Funders on record
3
Grants received
$316k
Net assets
$516k
2/3 repeat funderspeak grant-dependency 21%
01What it does

What Festival on the Brazos does

Mission

Festival on the Brazos is a non-profit volunteer organization that promotes the unique spirit of waco by sharing waco's history, providing educational scholarships, and creating community-minded connections.

As stated on its FY2025 Form 990.

Program

  1. Sponsors and organizes the historic Festival on the Brazos production

    $541,558 spentof which $16,000 as grants$483,575 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $541,558.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($428k) Expenses 100 ($419k) Net assets 100 ($293k)2018 Revenue 100 ($427k) Expenses 94 ($393k) Net assets 111 ($327k)2019 Revenue 107 ($456k) Expenses 109 ($457k) Net assets 111 ($326k)2020 Revenue 71 ($305k) Expenses 57 ($238k) Net assets 134 ($392k)2021 Revenue 67 ($285k) Expenses 127 ($532k) Net assets 50 ($145k)2022 Revenue 126 ($539k) Expenses 124 ($519k) Net assets 57 ($167k)2023 Revenue 139 ($595k) Expenses 125 ($523k) Net assets 81 ($239k)2024 Revenue 151 ($644k) Expenses 125 ($525k) Net assets 122 ($357k)2025 Revenue 159 ($679k) Expenses 135 ($564k) Net assets 176 ($516k)
'17'18'19'20'21'22'23'24'25
Revenue (159)Expenses (135)Net assets (176)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $392k to $145k (−63%).

$293k
$327k
$326k
$392k
$145k
$167k
$239k
$357k
$516k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

28% of FESTIVAL ON THE BRAZOS’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$8k
’17
$33k
’18
−$1k
’19
$66k
’20
−$247k
’21
$20k
’22
$71k
’23
$119k
’24
$115k
’25
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed12121213118131011
Joined·+3+1+3+2+3+5+0+4
No longer listed·31246033
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $11k → $86k.

From the IRS filings of FESTIVAL ON THE BRAZOS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FESTIVAL ON THE BRAZOS leans on a few funders — its largest provides 58% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

58%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 51% · 2018 50% · 2019 50% · 2020 100% · 2021 59% · 2022 78% · 2023 91% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FESTIVAL ON THE BRAZOS's grant income comes from Texas funders.

TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FESTIVAL ON THE BRAZOS runs a healthier operating margin than half of the 11,634 arts & culture nonprofits its size.

Operating margin17% · above the median
Months of reserve5.4mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like FESTIVAL ON THE BRAZOS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FESTIVAL ON THE BRAZOS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FESTIVAL ON THE BRAZOS?
FESTIVAL ON THE BRAZOS (Texas) receives grants from 3 organizations whose IRS filings report $316,251 to it, the largest being MARGARET CB & S SPENCER N BROWN FOUNDATION INC ($183,417). 2 of them have funded it in more than one year.
How many funders does FESTIVAL ON THE BRAZOS have?
IRS filings report 3 organizations giving $316,251 in grants to FESTIVAL ON THE BRAZOS, 2 of which have funded it in more than one year.
Who is the largest funder of FESTIVAL ON THE BRAZOS?
MARGARET CB & S SPENCER N BROWN FOUNDATION INC is the largest funder on record, with $183,417 in grants. The full list of funders is on this page.
How can an organization like FESTIVAL ON THE BRAZOS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing