Sequim City Band

Analysis

Sequim City Band is a registered charity in United States, based in Sequim, WA. It received its IRS tax-exemption ruling in June 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sequim City Band reported income of $904k and spending of $874k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $344k to $904k (+163%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sequim City Band sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Historic Palace Inc ($904k), Bakersfield Civic Light Opera Association ($904k) and Atlanta Dogwood Festival Inc ($903k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $1,307 in professional fundraising fees. At year end it held assets of -$2,987 against liabilities of -$30k, net assets of $27k.