Walton Band Parents Association Inc

Analysis

Walton Band Parents Association Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in October 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Walton Band Parents Association Inc reported income of $367k and spending of $326k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $561k to $367k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walton Band Parents Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Pacific Northwest Quilt and Fiber Arts Museum ($367k), Northwoods Childrens Museum ($367k) and East Brother Light Station Inc ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 67% of the total. At year end it held assets of $510k against liabilities of $142k, net assets of $368k.