Canby Music Boosters

Analysis

Canby Music Boosters is a registered charity in United States, based in Canby, OR. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2023, Canby Music Boosters reported income of $55k and spending of $51k, spending 93% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $218 to $55k (+25100%), an average of +1488% a year. The sharpest change came in the year to June 2022, when income rose by 13466%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Canby Music Boosters sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within OR. Charities of a similar size with the same main cause include Dominion Stage Inc ($55k), North Shore Historical Museum ($55k) and Police Emerald Society Bagpipe Band Nassau County Chapetr Ltd ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.