Mississippi Bandmasters Association Inc

Analysis

Mississippi Bandmasters Association Inc is a registered charity in United States, based in Brandon, MS. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Mississippi Bandmasters Association Inc reported income of $289k and spending of $281k, spending 97% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $252k to $289k (+15%), an average of +4.7% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mississippi Bandmasters Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include Willington Public Library ($289k), Friends of the Marble Falls Library ($289k) and Rockaway Borough Education Foundation ($289k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.