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Texas · Nonprofit

MAYFEST INC (DBA TRINITY COLLABORATIVE INC)

MAYFEST INC (DBA TRINITY COLLABORATIVE INC) (Texas) receives grants from 12 organizations whose IRS filings report $432,331 to it, the largest being VIRGINIA HOBBS CHARITABLE TRUST SIMMONS BANK TRUSTEE ($200,000). 8 of them have funded it in more than one year.

Revenue FY2025
$1.7M
Funders on record
12
Grants received
$432k
Net assets
$241k
8/12 repeat funderspeak grant-dependency 33%
01What it does

What Mayfest Inc (Dba Trinity Collaborative Inc) does

Mission

The purpose for which the corporation has been formed is to connect people for a better river, better parks, and a better community.

As stated on its FY2025 Form 990.

Program

  1. Mayfest produces a four-day outdoor community festival, which will celebrate its 55th year in 2027, as well as other events throughout the year. The festival celebrates the arts, the environment, cultural diversity, education and focuses efforts to connect people with the parks, the river, and each other. It provides support to the city of fort worth parks & community services by leading the way with park improvements that can be enjoyed by all, as well as addressing infrastructure needs; streams & valley, inc. By supporting efforts that bring the community together to connect with nature, trail development that allows users a safe place to exercise and enjoy a better quality of life, and other impactful improvements along the trinity river; and the junior league of fort worth, inc. By ensuring programs that educate a diverse group of children and youth on healthy choices, physical activity, educational support, exposure to the arts and cultural awareness.

    $1,448,009 spent$1,608,169 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,448,009.

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 ($1.6M) Expenses 100 ($1.7M) Net assets 100 ($524k)2019 Revenue 85 ($1.4M) Expenses 78 ($1.3M) Net assets 105 ($552k)2020 Revenue 17 ($271k) Expenses 27 ($456k) Net assets 70 ($367k)2021 Revenue 16 ($260k) Expenses 19 ($313k) Net assets 60 ($314k)2022 Revenue 110 ($1.8M) Expenses 92 ($1.5M) Net assets 105 ($549k)2023 Revenue 89 ($1.4M) Expenses 100 ($1.7M) Net assets 62 ($324k)2024 Revenue 92 ($1.5M) Expenses 98 ($1.6M) Net assets 35 ($182k)2025 Revenue 106 ($1.7M) Expenses 100 ($1.7M) Net assets 46 ($241k)
'17'19'20'21'22'23'24'25
Revenue (106)Expenses (100)Net assets (46)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 2023 to 2024, from $674k to $449k (−33%).

$747k
$566k
$401k
$469k
$677k
$674k
$449k
$567k
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

7% of MAYFEST INC (DBA TRINITY COLLABORATIVE INC)’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$47k
’17
$77k
’19
−$185k
’20
−$53k
’21
$235k
’22
−$221k
’23
−$142k
’24
$59k
’25
2.7
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.

Chief executive

Iris Bruton

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'19'20'21'22'23'24'25
Listed1822212120171615
Joined··+4+3+5+2+3+4
No longer listed··536545
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 2 funders, grant income fell $36k → $30k.

1 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $700 from one payer (the payer shares this organization's board, largest Streams & Valleys Inc). These are real filings, and they are not money MAYFEST INC (DBA TRINITY COLLABORATIVE INC) raised.

From the IRS filings of MAYFEST INC (DBA TRINITY COLLABORATIVE INC)’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

MAYFEST INC (DBA TRINITY COLLABORATIVE INC) leans on a few funders — its largest provides 46% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 42% · 2018 41% · 2019 58% · 2020 38% · 2021 29% · 2022 47% · 2023 100% — 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.

How long its funders stay

50% of MAYFEST INC (DBA TRINITY COLLABORATIVE INC)'s funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

74% of MAYFEST INC (DBA TRINITY COLLABORATIVE INC)'s grant income comes from Texas funders.

IL
NY
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. $31 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

MAYFEST INC (DBA TRINITY COLLABORATIVE INC) receives grants from 12 organizations whose IRS filings report $432k to it.

Operating margin3% · below the median
Months of reserve2.7mo · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding MAYFEST INC (DBA TRINITY COLLABORATIVE INC) receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11k on record.

State$11k
08
14
15
Top programs
  • Advertising$11k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MAYFEST INC (DBA TRINITY COLLABORATIVE INC)

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

87% of spending goes to programs.

Program 87%Management 13%Fundraising 1%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

92%

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 MAYFEST INC (DBA TRINITY COLLABORATIVE INC): 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MAYFEST INC (DBA TRINITY COLLABORATIVE INC)?
MAYFEST INC (DBA TRINITY COLLABORATIVE INC) (Texas) receives grants from 12 organizations whose IRS filings report $432,331 to it, the largest being VIRGINIA HOBBS CHARITABLE TRUST SIMMONS BANK TRUSTEE ($200,000). 8 of them have funded it in more than one year.
How many funders does MAYFEST INC (DBA TRINITY COLLABORATIVE INC) have?
IRS filings report 12 organizations giving $432,331 in grants to MAYFEST INC (DBA TRINITY COLLABORATIVE INC), 8 of which have funded it in more than one year.
Who is the largest funder of MAYFEST INC (DBA TRINITY COLLABORATIVE INC)?
VIRGINIA HOBBS CHARITABLE TRUST SIMMONS BANK TRUSTEE is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like MAYFEST INC (DBA TRINITY COLLABORATIVE INC) 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 12 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