Kalamazoo Concert Band Association

Analysis

Kalamazoo Concert Band Association is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 1964, 62 years ago. 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 April 2024, Kalamazoo Concert Band Association reported income of $111k and spending of $164k, spending 148% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income fell from $166k to $111k (-33%), an average of -33% a year. The sharpest change came in the year to April 2024, when income dropped by 33%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kalamazoo Concert Band Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Eastwood Educational Foundation ($111k), South Peninsula Hospital Foundation Inc ($111k) and South Granville Booster Club ($111k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 87% and program service revenue 6.2% of the total. At year end it held assets of $186k against liabilities of $21k, net assets of $165k.