Geneva Music Boosters Inc

Analysis

Geneva Music Boosters Inc is a registered charity in United States, based in Geneva, OH. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Geneva Music Boosters Inc reported income of $166k and spending of $184k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $166k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 298%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneva Music Boosters Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include American Friends of Jacobs Ladder Inc ($166k), Institute for Meditation & Psychotherapy ($166k) and Ag & Hes Alumni Association Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 83% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.