NonprofitsWilliam O Packard Test Tr

Arts & Culture

William O Packard Test Tr

BROOKLYN, OH

Total revenue

$609K

Total expenses

$241K

Net assets

$5.9M

Grants received

EIN

346507930

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$582K
Other revenue$27K
Total revenue$609K

Expenses

Grants paid$240K
Salaries & benefits
Fundraising
Other expenses$1K
Total expenses$241K
Total assets$5.9M
Net assets$5.9M

People

1 listed

NameRoleCompensation

KEYBANK NA

TRUSTEE

Board

1 hrs/wk

Details

EIN346507930
NTEE codeA6CI
Subsection03
Ruling date1959-08
Formed1933
Employees0
WILLIAM O PACKARD TEST TR — Mission, Financials & Grants Received | Grantivo