Coastal Communities Concert Band Foundation

Analysis

Coastal Communities Concert Band Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2003, 23 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, Coastal Communities Concert Band Foundation reported income of $93k and spending of $74k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $93k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coastal Communities Concert Band Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Dow Street Community Music School ($93k), Pontiacs Little Art Theatre ($93k) and Motor City Lyric Opera ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. At year end it held assets of $149k against liabilities of $1,324, net assets of $148k.