Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Holland, MI. 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 & Encrgmnt of Barbershop Quartet Singing Amer reported income of $62k and spending of $60k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $15k to $62k (+304%), an average of +101% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 110% 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 & Encrgmnt of Barbershop Quartet Singing Amer sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Maine Sports Hall of Fame Inc ($62k), Edens Green Apple Inc ($62k) and Womens International Study Center ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 44% of the total. At year end it held assets of $94k against liabilities of $1,181, net assets of $93k.