Sioux Center Music Boosters Inc

Analysis

Sioux Center Music Boosters Inc is a registered charity in United States, based in Sioux Center, IA. It received its IRS tax-exemption ruling in August 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sioux Center Music Boosters Inc reported income of $187k and spending of $147k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $326k to $187k (-43%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sioux Center Music Boosters Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Femme House ($187k), Kithara Project Inc ($187k) and Pride Films and Plays ($187k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.