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 Coppell, TX. 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 $188k and spending of $440k, spending 234% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $512k to $188k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 165% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Ashland Folk Collective ($188k), Pianosonoma Music Festival Inc ($188k) and Arc Athens Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 65% of the total. At year end it held assets of $39k against liabilities of $230, net assets of $38k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.