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 Chanhassen, MN. 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 $105k and spending of $106k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $105k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 86% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Create Dunwoody ($105k), New American Philharmonic Symphony Orchestra Ballet and Opera Assoc ($105k) and Havre Beneath the Streets Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 55% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.