Mount Juliet Band Boosters Club Inc

Analysis

Mount Juliet Band Boosters Club Inc is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in April 2019, 7 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 May 2024, Mount Juliet Band Boosters Club Inc reported income of $257k and spending of $254k, spending 99% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $390k to $257k (-34%), an average of -8.0% a year. The sharpest change came in the year to May 2022, when income rose by 68%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Juliet Band Boosters Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Kent Plantation House Incorporated ($257k), Central Philadelphia Development Corporation ($257k) and Wadsworth-Sulgrave Historic Preservation Foundation ($257k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 58% and program service revenue 20% of the total. At year end it held assets of $120k against liabilities of $17k, net assets of $102k.