Frenship Band Boosters

Analysis

Frenship Band Boosters is a registered charity in United States, based in Wolfforth, TX. It received its IRS tax-exemption ruling in May 2016, 10 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, Frenship Band Boosters reported income of $147k and spending of $127k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $159k to $147k (-8.1%), an average of -4.1% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frenship Band Boosters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Kings Art Center Foundation ($147k), Northeast Addison Television Incorporated ($147k) and Powrplnt Inc ($146k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 65% of the total. At year end it held assets of $263k against liabilities of $0, net assets of $263k.