Strongsville Schools Instrumental Music Boosters

Analysis

Strongsville Schools Instrumental Music Boosters is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in March 1991, 35 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 June 2024, Strongsville Schools Instrumental Music Boosters reported income of $84k and spending of $69k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $110k to $84k (-24%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Strongsville Schools Instrumental Music Boosters 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 33rd percentile within OH. Charities of a similar size with the same main cause include Small Wonder Puppet Theatre Inc ($84k), Piedmont Center for the Arts Incorporated ($84k) and Arcadia Chinese Association ($84k).

At year end it held assets of $117k against liabilities of $0, net assets of $117k.