William O Packard Test Tr

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Trust created in 1933, with Keybank as Trustee, to support the Warren Ohio Packard Music Hall and Band. Net income from the trust fund shall be used to establish and perpetually maintain a park band to be known as the "Packard Band", to provide for the organization and maintenance of a band which shall be a credit to the City of Warren ,and play for the edification and entertainment of the people of Warren, OH. Said band shall play not less than one free popular concert in each month. Under the Ohio Institutional Trust Funds Act of 1999, the beneficiaries have chosen to receive the maximum of income based on the greater of 5% of AFV or traditional income.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-6507930) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$39K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $64K a year · 18% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 11% of spending
Pay to officers and key staff is 11% of spending.
Part VII, Section A
6.8 mo
of spending, in cash
Plus $5.8M in investments, Pt X · Ln 11–13
6.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 1 voting members
None of 1 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$455K
-25% vs prior year
Spent
$351K
To programs
88%
Net assets
$6.0M
By yearFY2020–FY2025
Revenue
$455K
FY2025▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$292K
FY2021$682K
FY2022−$42K
FY2023$74K
FY2024$609K
FY2025$455K
Expenses
$351K
FY2025▲ +45%
Tap a bar for its year
Expenses by fiscal year
FY2020$136K
FY2021$198K
FY2022$385K
FY2023$376K
FY2024$241K
FY2025$351K
Net assets
$6.0M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.8M
FY2021$6.3M
FY2022$5.9M
FY2023$5.6M
FY2024$5.9M
FY2025$6.0M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $310K Management & general 12% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $39K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Trustee
$39,266Pt VII · Sec A

Keybank NA’s $39K as Trustee is at the 34th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2022FY2021FY2020
Keybank NA$39,266$43,131$36,426$34,566

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See William O Packard Test Tr executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds maintain a free public band for entertainment and education in Warren, Ohio.

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1 program · $310K · in their own filed words · FY2025
01

Income remitted to The Packard Band, for general support and maintenance of this organization.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-6507930) · Dispute this line
$310Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 7 grants · $1.9M · 2020–2025
W D Packard BandFY2025$310,000
W D Packard BandFY2024$240,000
W D Packard BandFY2023$375,000
W D Packard BandFY2023$375,000
W D Packard BandFY2022$340,000
W D Packard BandFY2021$160,000
Individual RecipientFY2020$100,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$455K
Ln 12
Other incomeLn 4–11$386K
Investment incomeLn 3$69K
Money outPt IX
$351K
Ln 25
Programscol B$310K
Managementcol C$41K
Owns and owesPt X
$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$199K
Total assetsLn 16$6.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$69K
Other incomeLn 4–11$386K
Gains on assetsLn 7$213K
Total revenueLn 12$455K
Assets in detailPt X, end of year
SavingsLn 2$199K
Cash and savings togetherLn 1–2$199K
InvestmentsLn 11–13$5.8M
Total assetsLn 16$6.0M
LiabilitiesLn 26$0
Net assetsLn 32$6.0M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$177K$199K
InvestmentsLn 11–13$5.7M$5.8M
Total assetsLn 16$5.9M$6.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$5.9M$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$310K$310K
Pay of officers and key staff (Part IX, line 5)Ln 5$39K$39K
Legal feesLn 11b$534$534
Accounting feesLn 11c$1K$1K
All other expensesLn 24e$200$200
Total functional expensesLn 25$351K$310K$41K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 7, 2026 $455K$351K$104K$6.0M 990 PDF
FY2024Filed with the IRS Nov 2, 2025 $609K$241K$368K$5.9M 990 PDF
FY2023Filed with the IRS Sep 23, 2025 $74K$376K−$302K$5.6M 990 PDF
FY2022Filed with the IRS Oct 9, 2023 −$42K$385K−$427K$5.9M 990 PDF
FY2021Filed with the IRS Oct 6, 2022 $682K$198K$485K$6.3M 990 PDF
FY2020Filed with the IRS May 10, 2021 $292K$136K$156K$5.8M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $455,254 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $581,836$282,661
I-11 Other revenuePrior year $27,325$172,593
I-12 Total revenuePrior year $609,161$455,254
I-13 Grants and similar amounts paidPrior year $240,000$310,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$39,266
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,497$1,784
I-18 Total expensesPrior year $241,497$351,050
I-19 Revenue less expensesPrior year $367,664$104,204
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $455,254 across 3 lines filed
Lines not itemized here account for $172,593 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $69,428$69,428
VIII-7 Net gain or loss on sales of assetsExcluded from tax $213,233$213,233
VIII-12 Total revenueExcluded from tax $455,254$455,254
Part IX · Statement of functional expenses $351,050 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $310,000$310,000
IX-5 Pay of officers and key staff (Part IX, line 5)Management $39,266$39,266
IX-11b Legal feesManagement $534$534
IX-11c Accounting feesManagement $1,050$1,050
IX-24e All other expensesManagement $200$200
IX-25 Total functional expensesPrograms $310,000 · Management $41,050 · Fundraising $0$351,050
Part X · Balance sheet $6,006,320 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $177,023$199,309
X-12 Other securitiesStart of year $5,725,234$5,807,011
X-16 Total assetsStart of year $5,902,257$6,006,320
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $5,902,257$6,006,320
X-32 Total net assets or fund balancesStart of year $5,902,257$6,006,320
X-33 Total liabilities and net assetsStart of year $5,902,257$6,006,320
Part XI · Reconciliation of net assets $6,006,320 net assets at year end
XI-1 Total revenue$455,254
XI-2 Total expenses$351,050
XI-3 Revenue less expenses$104,204
XI-4 Net assets at start of year$5,902,257
XI-9 Other changes in net assets−$141
XI-10 Net assets at end of year$6,006,320

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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