Twin Lakes Band Boosters

Analysis

Twin Lakes Band Boosters is a registered charity in United States, based in Monticello, IN. It received its IRS tax-exemption ruling in March 1995, 31 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 June 2024, Twin Lakes Band Boosters reported income of $69k and spending of $64k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $69k (+12%), an average of +12% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Lakes Band Boosters sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Sun Lakes Lions Foundation ($69k), Anacortes Arts Foundation ($69k) and Artists Collaborative Theatre Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.