Washington · Nonprofit
VALLEYFEST
VALLEYFEST (Washington) receives grants from 3 organizations whose IRS filings report $54,958 to it, the largest being MODERN ELECTRIC WATER COMPANY ($20,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $162k
- Funders on record
- 3
- Grants received
- $55k
- Net assets
- $27k
What Valleyfest does
Mission
03. PART III. WHAT IS THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE? The Valleyfest mission is to produce community driven, safe, family oriented, visually dramatic festivals and events. Valleyfest showcases the talent that enriches the Spokane Valley Region and celebrates the visual and performing arts, education and recreation for the entire community to enjoy.
As stated on its FY2025 Form 990-EZ.
Programs
Miss Spokane Valley Leadership Program. Valleyfest launches its annual programming with the Miss Spokane Valley Leadership Program, open to freshman, sophomore, and junior high school students. The program offers career-focused workshops covering interview skills, marketing, networking, public speaking, and résumé development. Throughout their year of service, the selected royalty serve as ambassadors for Spokane Valley and Valleyfest, representing the community at events such as the Lilac Festival Torchlight Parade, Valleyfest Hearts of Gold Parade, and the Spokane Rotary Club/City of Spokane Valley Christmas Tree Lighting and much more. In addition, the Miss Spokane Valley event float has given Valleyfest the ability to participate in many other parades throughout the region in 2025. Miss Spokane Valley royalty act as ambassadors for the city of Spokane Valley as well as at Valleyfest. Part of the 2025 expenses for the Miss Spokane Valley event are costs associated with the float.
$4,431 spent4% of program spendingVALLEYFEST CYCLE CELEBRATION. This is a one-day event celebrating the 2003 Spokane Valley city incorporation. The event encourages young & experienced riders to participate in cycling. In 2025, over 200 riders participated in the 10-mile Family Ride, the 25-mile and the 50-mile rides.
$2,452 spent2% of program spendingVALLEYFEST EVENT. Valleyfest was founded in 1989 as a way to expose children to the benefits of art, science, nature, and recreation. Valleyfest has since evolved in a multi-faceted event showcasing the people and places that are the heart of Spokane Valley. The first event is the Miss Spokane Valley leadership event detailed in part iii, line 28 above. This event is followed in July by the Valleyfest sponsored "Cycle Celebration" described in part iii, line 29. "Cycle Celebration" encourages young and old to enjoy biking and celebrate the incorporation of Spokane Valley in 2003. Wrapping up in September, Valleyfest kicks off the 3-day community event with the "HEARTS OF GOLD" parade down the main street of Spokane Valley. The parade attracts as many as 10,000 spectators. The next day, Valleyfest, the premier community festival, invites visitors to Mirabeau Park & Centerplace Regional Event Center where adults and children have their pick of live entertainment on two stages with over 200 local, regional and national vendors on hand to provide our visitors with the opportunity to visit with other non-profit organizations, buy a local craft item or enjoy food from one of our many…
$96,864 spentof which $5,000 as grants93% of program spending
The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $103,747.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $42k to $27k (−35%).
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.
68% of VALLEYFEST’s revenue is contributions — about as donation-reliant as the typical peer (73% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 5 reported years ran a deficit.
Leadership and staff
Chief executive
Peggy Doering
Executive director
Board chair
Claud R Wilhite
Board president
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income fell $17k → $5k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of VALLEYFEST’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
VALLEYFEST leans on a few funders — its largest provides 36% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VALLEYFEST.
Largest funder’s share by year: 2021 100% · 2023 100% — broadly stable.
“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 VALLEYFEST's grant income comes from Washington funders.
Funder states come from each funder’s own filing. $17k 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.
Against its field
VALLEYFEST has grown faster than three-quarters of the 850 unclassified nonprofits its size.
this organization peer median middle 50% of peers· 850 unclassified nonprofits $100k–$1M, FY2025
Organizations like VALLEYFEST
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for VALLEYFEST: 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.
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 VALLEYFEST?
- VALLEYFEST (Washington) receives grants from 3 organizations whose IRS filings report $54,958 to it, the largest being MODERN ELECTRIC WATER COMPANY ($20,000). 1 of them have funded it in more than one year.
- How many funders does VALLEYFEST have?
- IRS filings report 3 organizations giving $54,958 in grants to VALLEYFEST, 1 of which have funded it in more than one year.
- Who is the largest funder of VALLEYFEST?
- MODERN ELECTRIC WATER COMPANY is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like VALLEYFEST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Valleyfest →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), 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