Sound Board

Analysis

Sound Board is a registered charity in United States, based in Geismar, LA. It received its IRS tax-exemption ruling in April 2016, 10 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, Sound Board reported income of $141k and spending of $139k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $148k to $141k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to May 2022, when income rose by 165%. 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, Sound Board 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 46th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Monroe Area Council for the Arts ($141k), Lewisville Lake Symphony Association Inc ($141k) and Acting for Young People Inc ($141k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 20% of the total. At year end it held assets of $9,929 against liabilities of $0, net assets of $9,929.