Tipp City Music Boosters Inc
- Assets
- $71.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tipp City, OH
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 34-1604431
Organization Overview
Tipp City Music Boosters Inc is located in Tipp City, OH. The organization was established in 1989. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tipp City Music Boosters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tipp City Music Boosters Inc generated $75.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $60.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chaney President | 5 | $0 | |
Karen Kaibas Vice President | 5 | $0 | |
Abby Gorrell Treasurer | 5 | $0 | |
Ruthann George Assistant Treasurer | 5 | $0 | |
Christy Peters Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,312 |
| Total Program Service Revenue | $19,781 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,948 |
| Other Revenue | $0 |
| Total Revenue | $75,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,961 |
| Printing, publications, postage, and shipping | $733 |
| Other expenses | $55,959 |
| Total expenses | $60,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,927 |
| Other assets | $0 |
| Total assets | $71,927 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,927 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tipp City Music Boosters Inc has recieved totaling $121.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black River Public School Holland, MI | $14,770,961 | $10,244,626 |
Metro Early College High School Columbus, OH | $5,585,580 | $10,509,995 |
Unity Christian High School Association Hudsonville, MI | $27,373,298 | $9,427,523 |
Illiana Christian High School Dyer, IN | $32,567,700 | $9,618,452 |
Philadelphia Electrical And Technology Charter High School Philadelphia, PA | $4,555,301 | $10,620,189 |
Yellow Breeches Educational Center Carlisle, PA | $8,262,471 | $8,494,239 |
St Francis High School Inc Louisville, KY | $30,909,657 | $14,828,480 |
South Christian High School Byron Center, MI | $50,178,328 | $10,525,213 |
Urban Pathways 6-12 Charter School Pittsburgh, PA | $5,363,881 | $7,862,692 |
Saint Martin De Porres High School Cleveland, OH | $31,513,734 | $9,923,967 |
Lalumiere School Inc Laporte, IN | $14,231,314 | $6,974,684 |
Potters House Wyoming, MI | $16,493,354 | $9,367,499 |