Michigan Competing Band Association Incorporated

Analysis

Michigan Competing Band Association Incorporated is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 January 2024, Michigan Competing Band Association Incorporated reported income of $408k and spending of $396k, spending 97% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $242k to $408k (+69%), an average of +14% a year. The sharpest change came in the year to January 2022, when income rose by 2736%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Michigan Competing Band Association Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include McYhl Inc ($408k), Evergreen Curling Club ($408k) and North County Gymnastics Inc ($408k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $69k (17% of expenses). At year end it held assets of $186k against liabilities of $4,359, net assets of $182k. It reported 2 employees.