WESTFIELD HIGH SCHOOL BAND BOOSTERORGANIZATION
Mission Statement
“The Westfield High School Band is one of America’s truly great programs,” Hermann wrote. “The marching band of over 200 members has been an audience favorite year after year. I believe with all sincerity that the Westfield High School Band is a most deserving ensemble for the honor of being selected as a Rose Bowl Band.” As a result of their work, on Jan. 1, 2014, students will march in front of a live audience of about 1 million people, be seen by a U.S. television audience of about 50 million and a worldwide audience of about 100 million in 220 countries. The parade is broadcast in 25 languages, according to parade organizers.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.4% | 87.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.3 mo | 19.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.5% | 85.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
13.4% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-33.6% | 0.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.7% | 10.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $39K | $39K | $72K | 81.4% | — |
| 2023 | $34K | $59K | $73K | 84.9% | — |
| 2022 | $73K | $27K | N/A | — | 1 |
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