Atlanta Freedom Marching Band

Analysis

Atlanta Freedom Marching Band is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2002, 24 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, Atlanta Freedom Marching Band reported income of $106k and spending of $59k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $106k (+7.6%), an average of +7.6% a year. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlanta Freedom Marching Band sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Orions Quest ($106k), 1882 Project Foundation ($106k) and California Society of the Sons of the American Reveloution ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 20% of the total. At year end it held assets of $465k against liabilities of $1,186, net assets of $463k.