Longhorn Alumni Band Charitable Fund
- Assets
- $25.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 05/1989
- Data as of
- 06/2020
- EIN
- 74-2518718
Organization Overview
Longhorn Alumni Band Charitable Fund is located in Austin, TX. The organization was established in 1989. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Longhorn Alumni Band Charitable Fund 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 06/2020, Longhorn Alumni Band Charitable Fund generated $19.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.1%) each year. All expenses for the organization totaled $5.4k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (34.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
AWARD SCHOLARSHIPS TO EXISTING MEMBERS OF THE UNIVERSITY OF TEXAS LONGHORN BAND. SCHOLARSHIPS ARE AWARDED ON THE BASIS OF SCHOLASTIC ACHIEVEMENT AND FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Wilson Trustee | 0 | $0 | |
Kent Kostka Trustee | 0 | $0 | |
Cathy Sorsby Trustee | 0 | $0 | |
Jo Lyn Peters Treasurer | 2 | $0 | |
Bill Phillips Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,672 |
| 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 | $19,672 |
| Statement of Expenses | |
|---|---|
| Total expenses | $5,389 |
| Balance Sheet | |
|---|---|
| Total assets | $24,953 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadership Education Foundation College Station, TX | $3,972,064 | $10,009,970 |
Communities In Schools Of Greater Tarrant County Inc Fort Worth, TX | $6,563,272 | $10,310,134 |
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Texas Tech Alumni Association Lubbock, TX | $17,376,523 | $4,664,357 |
Delta Delta Delta Foundation Dallas, TX | $24,531,824 | $3,988,064 |
Arkansas Alumni Association Inc Fayetteville, AR | $14,561,052 | $2,077,157 |
Iitmaana Spring, TX | $661,366 | $1,712,067 |
University Of Tx At San Antonio San Antonio, TX | $4,217,745 | $1,664,150 |
Baylor Line Foundation Waco, TX | $10,875,077 | $1,008,940 |
Bit Sindri Alumni Association Of North America Inc Albuquerque, NM | $219,822 | $1,141,830 |
Texas Aggie Corps Of Cadets Association Bryan, TX | $5,084,832 | $1,751,782 |