Dakota Ridge Instrumental Music Boosters Organization

Analysis

Dakota Ridge Instrumental Music Boosters Organization is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in October 2014, 12 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 June 2023, Dakota Ridge Instrumental Music Boosters Organization reported income of $108k and spending of $134k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $148k to $108k (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dakota Ridge Instrumental Music Boosters Organization 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 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include San Marcos High School Music Boosters ($108k), New England Municpal Clerks Institute & Acdemy ($108k) and Friends of the Brentwood Public Library Inc ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 25% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.

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.