Boom Squad Inc
- Assets
- $82.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 03/2007
- Data as of
- 12/2019
- EIN
- 56-2600053
Organization Overview
Boom Squad Inc is located in Evansville, IN. The organization was established in 2007. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boom Squad 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 12/2019, Boom Squad Inc generated $135.0k 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 (4.5%) each year. All expenses for the organization totaled $80.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
0
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,009 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,009 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,190 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,123 |
| Total expenses | $80,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,707 |
| Other assets | $0 |
| Total assets | $82,707 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,707 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boom Squad Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $10,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drum Corps International Inc Indianapolis, IN | $11,292,251 | $9,955,642 |
Music For All Inc Indianapolis, IN | $2,684,285 | $3,131,031 |
Trio Foundation St Louis, MO | $39,212,571 | $11,850,329 |
Midwest Clinic Woodridge, IL | $1,577,442 | $1,838,412 |
The Cavaliers Ap&e Inc Rosemont, IL | $1,260,732 | $1,797,473 |
Ensemble Espanol Chicago, IL | $890,186 | $1,461,025 |
Forward Performing Arts Inc Madison, WI | $1,131,638 | $1,464,298 |
Phantom Regiment Inc Loves Park, IL | $1,306,729 | $1,379,502 |
Accessible Contemporary Music Chicago, IL | $312,653 | $895,582 |
Eighth Blackbird Performing Arts Association Chicago, IL | $447,450 | $697,687 |
Spektral Quartet Nfp Chicago, IL | $198,758 | $544,758 |
Fifth House Ensemble Chicago, IL | $551,496 | $681,778 |