Nescatunga Arts Festival
How we got $1.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 55 years (since 1971)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
The Nescatunga Arts Festival is a two-day arts and crafts festival held in Alva, Oklahoma, with fine artists, crafters, food booths and entertainment. It is sponsored by the Nescatunga Arts and Humanities Council, Inc.
From the company's website. Industry: Performing Arts, Spectator Sports, and Related Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Nescatunga Arts Festival this business | $1.5M | — |
| J.R. Holder Wellness Center Alva | $793K | 0.2 mi |
| Goldbug Football Alva | $793K | 0.5 mi |
| Standing Ovations School of Dance Alva | $793K | 0.7 mi |
| CHEROKEE STRIP MUSEUM ASSOC. Alva · 2 employees | $222K | 0.8 mi |
| CHEROKEE STRIP MUSEUM ASSOCIATION Alva · 3 employees | $168K | 0.8 mi |
| Fit21 Bootcamp Alva | $793K | 0.9 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.0M |
| Multiple for this size and industry | 2.7× |
| Value range | $364K – $2.0M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Performing Arts, Spectator Sports, and Related Industries businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (26%). Treat these as a rough guide.
| Revenue range | $661K – $2.4M |
| EBITDA range | $169K – $610K |
| Industry (NAICS) | Performing Arts, Spectator Sports, and Related Industries (711) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“Two amateur artists, Hazel Dickson and Berenice Hinton had an idea years ago that developed into the Nescatunga Arts and Humanities Council.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nescatunga Arts Festival
Nescatunga Arts Festival is a performing arts, spectator sports, and related industries company in Alva, Oklahoma, in business since 1971. It is owned by Heather Penner (President). Its estimated annual revenue is about $1.5M, with roughly $386K of EBITDA. Its estimated business value is $1.0M (likely range $364K–$2.0M).
Common questions
- Who owns Nescatunga Arts Festival?
- Nescatunga Arts Festival is owned by Heather Penner (President), according to public sources such as the company's website or filings.
- How much revenue does Nescatunga Arts Festival make?
- SeeBITDA estimates Nescatunga Arts Festival's annual revenue at about $1.5M (likely between $661K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nescatunga Arts Festival worth?
- About $1.0M, roughly 2.7× its estimated EBITDA of $386K, typical for a performing arts, spectator sports, and related industries company its size. Likely range: $364K–$2.0M.
- When was Nescatunga Arts Festival founded?
- Nescatunga Arts Festival has been in business since 1971.
- Is Nescatunga Arts Festival for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 55 years (since 1971); no family successor named on its website.