As the nation prepares to mark its 250th anniversary on Saturday, a new survey reveals a startling gap in civic knowledge: nearly half of Americans cannot identify what the Fourth of July actually celebrates.

The poll, conducted by the libertarian Cato Institute and released Thursday, found that only 53 percent of respondents correctly recognized the adoption of the Declaration of Independence as the historical event commemorated on July 4. Forty-six percent—including 61 percent of Gen Z respondents—admitted they did not know what the day honors.

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The survey also exposed broader weaknesses in understanding America’s founding. Fifty-eight percent of all respondents could not identify the main purpose of the U.S. Constitution, and 57 percent were unable to explain why the colonies declared independence from Great Britain to form a limited government. These findings come amid reports of declining patriotism among certain demographics.

Despite these knowledge gaps, an overwhelming 86 percent of those surveyed said they are grateful to be American. However, 60 percent believe the country has strayed from its founding principles, and 56 percent expressed concern that the United States could cease to be a free nation within the next 50 years. Those worried about the nation’s future cited corruption, concentration and abuse of power, and ignorance of foundational ideals as their primary fears.

Respondents ranked freedom of speech, voting rights, equal protection under law, freedom of religion, and the right to due process as their most valued protections. The survey’s release coincides with the official America 250 celebration in Washington, D.C., which will feature military flyovers, a political rally led by President Trump, and a record-breaking fireworks display on the National Mall.

The Cato Institute poll surveyed 2,253 Americans between June 25 and 26 and carries a margin of error of approximately 2 percentage points.