Great Bend Center for Music

Analysis

Great Bend Center for Music is a registered charity in United States, based in Union, WA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Great Bend Center for Music reported income of $202k and spending of $206k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $574k to $202k (-65%), an average of -65% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Bend Center for Music sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include St Elizabeth Gardens Inc ($202k), Michigan Institute for Contemporary Art ($202k) and Liverpool High Marching Band Booster Club Inc ($202k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $91k (44% of expenses). Other salaries and wages came to $30k. At year end it held assets of $255k against liabilities of $12k, net assets of $242k. It reported 7 employees.