Louisville Male High School Band Association

Analysis

Louisville Male High School Band Association is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Louisville Male High School Band Association reported income of $167k and spending of $171k, spending 103% of its income. Across the 4 years on record, from May 2019 to May 2023, income fell from $195k to $167k (-14%), an average of -5.0% a year. The sharpest change came in the year to May 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisville Male High School Band Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include World Is Our Classroom Inc ($167k), Norris Elementary Parent Teacher Club ($167k) and Jags Athletic Booster Club ($167k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.4% and program service revenue 64% of the total. Other salaries and wages came to $20k. At year end it held assets of $187k against liabilities of $0, net assets of $187k.