Southwood Band Booster Club

Analysis

Southwood Band Booster Club is a registered charity in United States, based in Shreveport, LA. 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 (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, Southwood Band Booster Club reported income of $126k and spending of $236k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $126k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income rose by 178%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwood Band Booster Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Magnes Museum Foundation ($126k), Multicultural Association of Southern Oregon ($126k) and Orangeburg County Fine Arts Center ($126k).

Compensation of current officers, directors and key employees was $43k (18% of expenses). At year end it held assets of $792k against liabilities of $0, net assets of $792k. It reported 14 employees.