Harrison High School Instrumental Music Boosters Inc

Analysis

Harrison High School Instrumental Music Boosters Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 2023, 3 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 May 2023, Harrison High School Instrumental Music Boosters Inc reported income of $70k and spending of $43k, leaving 39% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income fell from $121k to $70k (-42%), an average of -17% a year. The sharpest change came in the year to May 2022, when income rose by 405%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harrison High School Instrumental Music Boosters Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Zambaleta ($70k), People Power Media ($70k) and Nlarts ($70k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.