Trumbull High School Golden Eagle Marching Band Corporation

Analysis

Trumbull High School Golden Eagle Marching Band Corporation is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Trumbull High School Golden Eagle Marching Band Corporation reported income of $215k and spending of $219k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $598k to $215k (-64%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trumbull High School Golden Eagle Marching Band Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Ruckusroots Inc ($215k), Godfrey Daniels ($215k) and Staret the Directors Company Inc ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 51% of the total. At year end it held assets of $151k against liabilities of $523, net assets of $150k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.