Naples Concert Band Inc

Analysis

Naples Concert Band Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2024, Naples Concert Band Inc reported income of $89k and spending of $107k, spending 119% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $118k to $89k (-24%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Naples Concert Band Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include B F Skinner Foundation ($89k), Cancer Council of Ellis County Inc ($90k) and Civic Improvement Association ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $459k against liabilities of $0, net assets of $459k.