International Trombone Association

Analysis

International Trombone Association is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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, International Trombone Association reported income of $428k and spending of $390k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $507k to $428k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Trombone Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Coalition of Institutionalized Aged and Disabled ($428k), Walnut Hills Early Education Arapahoe East ($428k) and The Cancer League Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $26k (6.8% of expenses). At year end it held assets of $675k against liabilities of $13k, net assets of $662k.