Association of Concert Bands of America Inc

Analysis

Association of Concert Bands of America Inc is a registered charity in United States, based in Kenmore, NY. It received its IRS tax-exemption ruling in January 1979, 47 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Concert Bands of America Inc reported income of $139k and spending of $85k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $139k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Concert Bands of America Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Epiphany Space Inc ($139k), Virginia Satslab Inc ($139k) and Open Scene Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $393k against liabilities of $129k, net assets of $264k.