Claremore Band Boosters Association Inc

Analysis

Claremore Band Boosters Association Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2024, Claremore Band Boosters Association Inc reported income of $119k and spending of $113k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $295k to $119k (-60%), an average of -17% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Claremore Band Boosters Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Northern California Jewish Sports Hall of Fame ($119k), Bridges to Prosperity Northern Illinois ($119k) and American Society of Marine Artists ($119k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.