Society for Preservation & Encourmt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encourmt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Sodus, NY. It received its IRS tax-exemption ruling in May 1946, 80 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer reported income of $55k and spending of $48k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $55k (+8.2%), an average of +8.2% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Aquarius Aquarium Institute ($55k), M S Community Stars of Performing Arts and Academics Inc ($55k) and Broadview Heights Spotlights ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 40% of the total. At year end it held assets of $252k against liabilities of $5,176, net assets of $247k.