El Segundo Concert Band

Analysis

El Segundo Concert Band is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in June 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, El Segundo Concert Band reported income of $146k and spending of $156k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $146k (+4.7%), an average of +4.7% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, El Segundo Concert Band sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Songs of Solomon an Inspirational Ensemble ($146k), Barron Collier High School Band Boosters Inc ($146k) and Grundy County Historical Society ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.