Lakeview Band and Orchestra Boosters

Analysis

Lakeview Band and Orchestra Boosters is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in September 2018, 8 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 May 2024, Lakeview Band and Orchestra Boosters reported income of $101k and spending of $86k, spending 85% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $46k to $101k (+120%), an average of +48% a year. The sharpest change came in the year to May 2023, when income rose by 73%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lakeview Band and Orchestra Boosters sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Faf Coalition ($101k), Media Reform SC Inc ($101k) and Lesbian Gay Bisexual Transgender Queer Religious Archives Network ($101k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 25% and program service revenue 25% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.