Minster Band Boosters

Analysis

Minster Band Boosters is a registered charity in United States, based in Minster, OH. It received its IRS tax-exemption ruling in October 2007, 19 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 2024, Minster Band Boosters reported income of $61k and spending of $26k, leaving 57% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $53k to $61k (+14%), an average of +14% a year. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minster Band Boosters sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Angels Anonymous ($61k), PTA New Jersey Congress of Parents & Teachers ($61k) and Kiwanis Club of Cloverdale Foundation ($61k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.3% and program service revenue 25% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.