Florida Marching Band Tournamentinc
Nonprofit profile at a glance
- EIN
- 204314751
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-EZ 2023, Form 990-N 2012
- Location
- Dunedin, FL, USA
- Phone
- 4074661016
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $222,286
- Expenses
- $233,535
- Assets
- $16,263
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CATHERINE KERSTEN (EXECUTIVE DIRECTOR)
Highest reported compensation
- ERIC LEVY (DIRECTOR OF EDUCATION): $7,125 total reported compensation
- JOSH GELMAN (DIRECTOR OF TABULATION): $5,000 total reported compensation
- SANDIE KERSTEN (DIRECTOR OF OPERATIONS): $1,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Florida Marching Band Championships exists to celebrate and advance the art of marching band performance across Florida by providing a premier competitive experience that promotes musical excellence, creativity, teamwork, integrity, and sportsmanship while inspiring student performers, educators, and communities to pursue the highest standards of achievement in the marching arts.
What it reported doing in 2025
The Florida Marching Band Championships proudly celebrated its 35th season of service to student musicians across Florida, continuing its longstanding tradition of excellence by providing a premier, professionally adjudicated competitive platform that fosters musical achievement, leadership development, and community pride within the marching arts.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 80
- Accountability: 69
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 84%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 6th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 109.8% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 47.5% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 84% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $196K in reported program spending
- Leadership: top reported pay $7K · 4 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.