Boonville Band Sponsors Club Inc
Analysis
Boonville Band Sponsors Club Inc is a registered charity in United States, based in Boonville, IN. It received its IRS tax-exemption ruling in July 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 May 2024, Boonville Band Sponsors Club Inc reported income of $122k and spending of $120k, spending 99% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $119k to $122k (+2.8%), an average of +2.8% a year. 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, Boonville Band Sponsors Club Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Collierville Arts Council Inc ($122k), Orion Center Inc ($122k) and Hancock-French Woods Arts Alliance Inc ($122k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 19% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 19%
- Other 65%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Collierville Arts Council Inc | Collierville | $122k |
| Orion Center Inc | Springfield | $122k |
| Hancock-French Woods Arts Alliance Inc | Hancock | $122k |
| Galbreath Family Charities Inc | Winamac | $122k |