International Trumpet Guild

Analysis

International Trumpet Guild is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, International Trumpet Guild reported income of $817k and spending of $842k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $278k to $817k (+194%), an average of +43% a year. The sharpest change came in the year to June 2020, when income rose by 226%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Trumpet Guild sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within MS. Charities of a similar size with the same main cause include Jefferson City Public Schools Foundation ($817k), Sagebrush Elementary School ($817k) and Faith Christian Educators ($817k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 56% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $31k (3.7% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.2m against liabilities of $265k, net assets of $899k. It reported 5 employees.