Grimmer Band Boosters

Analysis

Grimmer Band Boosters is a registered charity in United States, based in Schererville, IN. It received its IRS tax-exemption ruling in August 2023, 3 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, Grimmer Band Boosters reported income of $73k and spending of $78k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $41k to $73k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grimmer Band Boosters sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Hokka Nichi Bei Kai Japanese American Assn of Northern Calif ($73k), Sawdust Theatre ($73k) and Chax Press Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 9.1% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.