Maroon Band Booster

Analysis

Maroon Band Booster is a registered charity in United States, based in Madisonville, KY. It received its IRS tax-exemption ruling in January 2007, 19 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 2024, Maroon Band Booster reported income of $113k and spending of $113k, spending 100% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $108k to $113k (+4.2%), an average of +2.1% a year. The sharpest change came in the year to May 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maroon Band Booster sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Petaluma Museum Association ($113k), Esm Music Booster Inc ($113k) and Houston Choral Society ($113k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 20% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.