North Carolina Brass Band

Analysis

North Carolina Brass Band is a registered charity in United States, based in High Point, NC. 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 June 2023, North Carolina Brass Band reported income of $109k and spending of $100k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $109k (+123%), an average of +123% a year. The sharpest change came in the year to June 2023, when income rose by 123%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Brass Band sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Iman Media Group Inc ($109k), New Mexico Performing Arts Society ($109k) and Childs Play Touring Theatre ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $3,330 against liabilities of $0, net assets of $3,330.