Capital Regiment Drum and Bugle Corps

Analysis

Capital Regiment Drum and Bugle Corps is a registered charity in United States, based in Reynoldsburg, OH. It received its IRS tax-exemption ruling in October 1992, 34 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 September 2023, Capital Regiment Drum and Bugle Corps reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $203k to $82k (-59%), an average of -20% a year. The sharpest change came in the year to September 2021, when income rose by 246%. 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, Capital Regiment Drum and Bugle Corps sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Opera House Players ($82k), Kollaboration ($82k) and Windmore Foundation for the Arts Inc ($82k).

Compensation of current officers, directors and key employees was $19k (22% of expenses). At year end it held assets of $182k against liabilities of $188, net assets of $182k. It reported 1 employees.