Drum Corps in Alabama Inc

Analysis

Drum Corps in Alabama Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in April 2016, 10 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, Drum Corps in Alabama Inc reported income of $58k and spending of $178k, spending 307% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $81k to $58k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Drum Corps in Alabama Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within AL. Charities of a similar size with the same main cause include Nat 28 ($58k), Society for Creative Anachronism Inc ($58k) and Preservation Kentucky Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.