Oklahoma Bandmasters Association

Analysis

Oklahoma Bandmasters Association is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in October 2007, 19 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 July 2024, Oklahoma Bandmasters Association reported income of $259k and spending of $250k, spending 97% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $191k to $259k (+35%), an average of +7.9% a year. The sharpest change came in the year to July 2022, when income rose by 436%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma Bandmasters Association 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 60th percentile within OK. Charities of a similar size with the same main cause include Gaelic American Athletic Associatio N of Buffalo Ny Inc ($259k), American Ramallah Federation Education Fund ($259k) and Russian Center of San Francisco ($258k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $19k (7.6% of expenses). At year end it held assets of $157k against liabilities of $0, net assets of $157k.