Lincoln Municipal Band Association Inc

Analysis

Lincoln Municipal Band Association Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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 August 2023, Lincoln Municipal Band Association Inc reported income of $109k and spending of $108k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $102k to $109k (+6.9%), an average of +6.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Municipal Band Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NE. Charities of a similar size with the same main cause include Wildcat Wrestling Club Inc ($109k), Manchester Historical Society ($109k) and National Sorority of Phi Delta Kappa Inc ($109k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $267k against liabilities of $5,101, net assets of $262k.