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Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

RegisteredEIN 41-1560696Richfield, MNArts, culture, heritage and science
Income$74k2023-12
Spending$82ksame year
Spent / received114%2-year average
Size in its cause32nd pctArts, culture, heritage and science
Exempt since1946Publicly supported organisat
Employees–latest return

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Richfield, MN. It received its IRS tax-exemption ruling in May 1946, 80 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, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer reported income of $74k and spending of $82k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $74k (-11%), an average of -11% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Jasper Project Inc ($74k), Extra Terrestrial Projects Inc ($74k) and Apalachicola Maritime Museum ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.

Income and spending

$0$24k$48k$73k$97k2022 Income: $83,4312022 Spending: $96,86820222023 Income: $74,1242023 Spending: $82,4342023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Other 16%

Similar-sized charities, same cause

CharityLocationIncome
Jasper Project IncChapin$74k
Extra Terrestrial Projects IncNew York$74k
Apalachicola Maritime MuseumEastpoint$74k
Alano Society IncDes Moines$74k