Olentangy Music Boosters Association

Analysis

Olentangy Music Boosters Association is a registered charity in United States, based in Lewis Center, OH. It received its IRS tax-exemption ruling in July 2000, 26 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 June 2023, Olentangy Music Boosters Association reported income of $341k and spending of $374k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $146k to $341k (+134%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olentangy Music Boosters Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Louise H Batz Patient Safety Foundation ($341k), Creative Play Childrens Learning Centerinc ($341k) and Discovery Leadership ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 79% of the total. At year end it held assets of $132k against liabilities of $28k, net assets of $105k.