Boom Boom Club

Analysis

Boom Boom Club is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in December 2013, 13 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 December 2023, Boom Boom Club reported income of $74k and spending of $66k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $74k (+7.6%), an average of +7.6% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boom Boom Club sits at the 33rd 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 28th percentile within MI. Charities of a similar size with the same main cause include Charleston Pride Inc ($74k), Lincoln 4th of July Foundation ($74k) and Perquimans Arts League ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.