William O Packard Test Tr FY2020 filing

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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, FY2020. 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.
74¢ of each $1 spent went to programs.
$35K 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

FY2020 · 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
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$35K
to officers and key staff · 25% of spending
Pay to officers and key staff is 25% of spending.
Part VII, Section A
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
$292K
Spent
$136K
To programs
74%
Net assets
$5.8M
By yearFY2020–FY2025
Revenue
$292K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$292K
FY2021$682K
FY2022−$42K
FY2023$74K
FY2024$609K
FY2025$455K
Expenses
$136K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$136K
FY2021$198K
FY2022$385K
FY2023$376K
FY2024$241K
FY2025$351K
Net assets
$5.8M
FY2020
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 FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

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

74 cents of each dollar spent went to programs.

Program services 74% · $100K Management & general 26% · $36K

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; $35K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Trustee
$34,566Pt 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 · $100K · in their own filed words · FY2020
01

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

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-6507930) · Dispute this line
$100Kprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Other incomeLn 4–11$221K
Investment incomeLn 3$70K
Money outPt IX
$136K
Ln 25
Programscol B$100K
Managementcol C$36K
Owns and owesPt X
$5.8M
net assets · Ln 32
Total assetsLn 16$5.8M
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$70K
Other incomeLn 4–11$221K
Gains on assetsLn 7$221K
Total revenueLn 12$292K
Assets in detailPt X, end of year
InvestmentsLn 11–13$5.8M
Total assetsLn 16$5.8M
LiabilitiesLn 26$0
Net assetsLn 32$5.8M
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 FY20End FY20
InvestmentsLn 11–13$5.6M$5.8M
Total assetsLn 16$5.6M$5.8M
LiabilitiesLn 26$0$0
Net assetsLn 32$5.6M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
Pay of officers and key staff (Part IX, line 5)Ln 5$35K$35K
Accounting feesLn 11c$1K$1K
Investment management feesLn 11f$250$250
All other expensesLn 24e$200$200
Total functional expensesLn 25$136K$100K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled 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
FY2020 ViewingFiled with the IRS May 10, 2021 $292K$136K$156K$5.8M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $291,580 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $417,323$291,580
I-11 Other revenue$0
I-12 Total revenuePrior year $417,323$291,580
I-13 Grants and similar amounts paidPrior year $275,000$100,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $35,301$34,566
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,503$1,450
I-18 Total expensesPrior year $311,804$136,016
I-19 Revenue less expensesPrior year $105,519$155,564
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 $291,580 across 3 lines filed
Lines not itemized here account for $19 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $70,385$70,385
VIII-7 Net gain or loss on sales of assetsExcluded from tax $221,176$221,176
VIII-12 Total revenueExcluded from tax $291,580$291,580
Part IX · Statement of functional expenses $136,016 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $100,000$100,000
IX-5 Pay of officers and key staff (Part IX, line 5)Management $34,566$34,566
IX-11c Accounting feesManagement $1,000$1,000
IX-11f Investment management feesManagement $250$250
IX-24e All other expensesManagement $200$200
IX-25 Total functional expensesPrograms $100,000 · Management $36,016 · Fundraising $0$136,016
Part X · Balance sheet $5,800,613 assets, 6 lines filed
X-12 Other securitiesStart of year $5,645,046$5,800,613
X-16 Total assetsStart of year $5,645,046$5,800,613
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principal$5,800,613
X-32 Total net assets or fund balancesStart of year $5,645,046$5,800,613
X-33 Total liabilities and net assetsStart of year $5,645,046$5,800,613
Part XI · Reconciliation of net assets $5,800,613 net assets at year end
XI-1 Total revenue$291,580
XI-2 Total expenses$136,016
XI-3 Revenue less expenses$155,564
XI-4 Net assets at start of year$5,645,046
XI-9 Other changes in net assets$3
XI-10 Net assets at end of year$5,800,613

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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