Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in May 1946, 80 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 December 2023, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer reported income of $81k and spending of $70k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $81k (-2.5%), an average of -2.5% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include United Lakes and Trail Riders Association ($81k), The Friends of Chamber Music of Reading Inc ($81k) and Footlight Players ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 63% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.