Tipp City Music Boosters Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 2% of its spending went to programs.
- Raising each dollar of donations cost 218 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The TCMB is a volunteer organization of parents and or legal guardians of current students in the 6th to 12th grade band and choir programs of Tipp City Exempted Village Schools Associate Member Alumni Members and or Honorary Life Members which includes the band choir color guard and other approved associated auxiliary groups; and whose purpose shall include: Assist with additional financial support for the music programs for items not provided by the school system. Priority shall be given to the purchase and maintenance of instruments uniforms robes and other related equipment. Provide moral support to the music programs and help to stimulate student and community interest in the appreciation and support of the THS music programs. Work in partnership with the music department directors staff THS Administration and the Tipp City Exempted Village School Board.
- Income
- $92,719
- Spending
- $136,297
- Spent on programs
- 2%
- Reserves
- 12.6 months of spending
- Largest source of income
- other income, 82%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 31% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 12.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 47% of income.
Spending floor
0 of 152% of spending went to programs and raising each dollar of donations cost 218 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 54 out of 100. Higher than 38% of charities in its peer group (education, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2,345 spent. Organized and operated fundraising events including concession stands and community fundraisers to generate funds supporting music program needs. Conducted approximately [#] events during the year.
- Provided financial support for band and music program expenses including instruments uniforms competition fees and travel costs. Supported approximately [#] students during the 2024 tax year.
- Supported student participation in performances competitions and events by funding transportation lodging and related expenses enhancing student musical education and experience.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.