890705791RR0001 — 0190
Registered — Chicoutimi, QC — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 82/100
Financials: Revenue $33,922 · Expenditures $39,640
Festival de Musique du Royaume is a 31-year-old music festival organization in Chicoutimi, Quebec, that sits on $291,532 in assets but has seen revenue decline sharply, with a -5.62% CAGR and a -54.8% maximum single-year drop. Program spending at 50.4% is flagged as low, though the organization received qualified donee credit in the scoring engine.
Our Verdict: A long-established Quebec music festival with deep reserves and a large volunteer-led board, but revenue volatility and below-average program spending ratios suggest an organization navigating significant financial transitions. Donors should consider the festival's cultural contribution to the Saguenay region alongside its mixed financial metrics.