Colorado Bandmasters Association

Analysis

Colorado Bandmasters Association is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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, Colorado Bandmasters Association reported income of $474k and spending of $382k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $474k (+130%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 510%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Bandmasters Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Davie School Foundation Inc ($474k), International Society for the Study of Vulvovaginal Disease ($475k) and Lycoming County Historical Society ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. At year end it held assets of $451k against liabilities of $40k, net assets of $411k.