Cavalcade of Bands Association Inc

Analysis

Cavalcade of Bands Association Inc is a registered charity in United States, based in New Cumberlnd, PA. It received its IRS tax-exemption ruling in February 2019, 7 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 June 2023, Cavalcade of Bands Association Inc reported income of $228k and spending of $203k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28k to $228k (+723%), an average of +69% a year. The sharpest change came in the year to June 2022, when income rose by 13153%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cavalcade of Bands Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Fox Valley Music Consortium ($228k), Indexical Inc ($228k) and South Carolina Pride Movement Inc ($228k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $67k against liabilities of $1,470, net assets of $65k.