Lake Orion Band Boosters

Analysis

Lake Orion Band Boosters is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in November 2009, 17 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 December 2023, Lake Orion Band Boosters reported income of $494k and spending of $395k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $360k to $494k (+37%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Orion Band Boosters sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Telluride Institute Inc ($494k), Golden Valley Community Broadcasters ($494k) and Lagrange Art Museum Inc ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 47% of the total. At year end it held assets of $340k against liabilities of $0, net assets of $340k.