Lake Park Band Auxiliary

Analysis

Lake Park Band Auxiliary is a registered charity in United States, based in Roselle, IL. It received its IRS tax-exemption ruling in August 1973, 53 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 April 2024, Lake Park Band Auxiliary reported income of $100k and spending of $92k, spending 93% of its income. Across the 3 years on record, from April 2020 to April 2024, income fell from $100k to $100k (-0.4%), an average of -0.2% a year. The sharpest change came in the year to April 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Park Band Auxiliary sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Ensemble for the Romantic Century Inc ($100k), Original Schuhplatter V V Enzian Inc ($100k) and All Strings Attached ($100k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.