Marcus High School Band Booster Organization

Analysis

Marcus High School Band Booster Organization is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Marcus High School Band Booster Organization reported income of $620k and spending of $673k, spending 109% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $548k to $620k (+13%), an average of +4.2% a year. The sharpest change came in the year to May 2022, when income rose by 198%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marcus High School Band Booster Organization sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Aurora Public Library Foundation Inc ($620k), Trinity Pacific Christian School ($620k) and Center for Race and Opportunity ($620k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.2% and program service revenue 48% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.