Bugle Boy Foundation

Analysis

Bugle Boy Foundation is a registered charity in United States, based in LA Grange, TX. It received its IRS tax-exemption ruling in April 2009, 17 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, Bugle Boy Foundation reported income of $363k and spending of $342k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $363k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bugle Boy Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Shakespeare on the Sound Inc ($363k), American Theater Group Inc ($363k) and Nam Kue School ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. Other salaries and wages came to $152k. At year end it held assets of $536k against liabilities of $20k, net assets of $516k. It reported 8 employees.