Munster Band Backers

Analysis

Munster Band Backers is a registered charity in United States, based in Munster, IN. It received its IRS tax-exemption ruling in January 2004, 22 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 2023, Munster Band Backers reported income of $144k and spending of $121k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $135k to $144k (+6.6%), an average of +6.6% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Munster Band Backers sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Trevor Lee Chesson Memorial Marsh Fest ($144k), Mongolian School of Colorado ($144k) and Mahanoy City Public Library Association ($144k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 7.5% of the total. At year end it held assets of $37k against liabilities of $167, net assets of $37k.