Band Preservation Inc

Analysis

Band Preservation Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, Band Preservation Inc reported income of $95k and spending of $51k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $95k (-14%), an average of -14% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Band Preservation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Meriden Antique Engine and Threshers Association Inc ($95k), Music in the Center Inc ($95k) and Chelsea Symphony Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $114k against liabilities of $4,800, net assets of $109k.