Madison Southern Band Boosters

Analysis

Madison Southern Band Boosters is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in October 2002, 24 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 2024, Madison Southern Band Boosters reported income of $109k and spending of $92k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $112k to $109k (-2.9%), an average of -1.0% a year. The sharpest change came in the year to June 2023, when income rose by 497%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Southern Band Boosters sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($109k), Campus School Parent Network ($109k) and Friends of Pacific Beach Elementary School ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.