Civic Intelligence

Florida Marching Band Tournament Inc

EIN 20-4314751 • 501(c)3 • Dunedin, FL

Profile

To provide support to music education programs in the state of Florida through marching events and an end-of-year championships for student performers.

1228 Inverness DrDunedin, FL 34698

www.fmbcstate.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

36th percentile

-5.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-77%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$16,263

Down $54,251 (-77%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$16,263

Down $54,251 (-77%) from 2024

Operations
Liabilities / Revenue61st percentileNet Margin36th percentile

Revenue

Up

$222,286

Up $46,200 (+26%) from 2024

Expenses

Up

$233,535

Up $113,857 (+95%) from 2024

Net Income

Down

-$11,249

Down $67,657 (-120%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2023: $3,685Net Assets 2023: $3,6852023Assets 2024: $70,514Liabilities 2024: $0Net Assets 2024: $70,5142024Assets 2025: $16,263Liabilities 2025: $0Net Assets 2025: $16,2632025

Highlighted filing

2025

Assets$16,263
Liabilities$0
Net Assets$16,263
Open 2025 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2023: $73,035Expenses 2023: $101,367Net Income 2023: -$28,3322023Revenue 2024: $176,086Expenses 2024: $119,678Net Income 2024: $56,4082024Revenue 2025: $222,286Expenses 2025: $233,535Net Income 2025: -$11,2492025

Highlighted filing

2025

Revenue$222,286
Expenses$233,535
Net Income-$11,249
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,263
Liabilities
$0
Net assets
$16,263
Revenue
$222,286
Expenses
$233,535
Net income
-$11,249
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$2.22$2.34$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.76$1.20$0.56
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.73$1.01$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 17, 2026
Return Version
2025v4.0
Gross Receipts
$222,286
Mission and Program 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$35,000--
Cash and Non-Interest-Bearing Accounts$35,514$16,263▼ $19,251
Rtn Earn Endowment Incm Other Fnds$70,514$16,263▼ $54,251
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$70,514$16,263▼ $54,251
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$70,514$16,263▼ $54,251
Total Liabilities and Net Assets / Fund Balance$70,514$16,263▼ $54,251
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Eric LevyDirector of Education-$7,125$7,125
Josh GelmanDirector of TabulationPT$5,000$5,000
Sandie KerstenDirector of Operations-$1,600$1,600

Board Members and Trustees

NameTitle
Catherine KerstenExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$222,286
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-11,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$165,070
Salaries, Compensation, and Employee Benefits$68,465
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$85,524--$85,524
Other Salaries and Wages$50,870--$50,870
Travel$25,224$1,296-$26,520
All Other Expenses$16,953$4,722-$21,675
Current Officers, Directors, Trustees, and Key Employees-$14,125-$14,125
Advertising$10,776--$10,776
Insurance$4,155$2,096-$6,251
Information Technology$1,956$2,268-$4,224
Office Expenses-$3,576-$3,576
Other Employee Benefits$734$2,736-$3,470
Conferences and Meetings-$3,437-$3,437
Fees for Services Accounting-$1,600-$1,600
Fees for Services Other-$1,487-$1,487
Total Functional Expenses$196,192$37,343$0$233,535
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$35,000--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Sandie kersten is the daughter of catherine kersten. She serves as the director of operations and is on the board of directors.”

Form 990, Part VI, Section B, Line 11B

“We will share it at the next board meeting.”

Form 990, Part VI, Section C, Line 19

“We are working on an update to our governing documents which will be uploaded asap”

Filing and Contact Details

Filer

Filer Name
Florida Marching Band Tournamentinc
EIN
20-4314751
Phone
4074661016
Address
1228 INVERNESS DR, DUNEDIN, FL 34698
Doing Business As
Florida Marching Band Championships

Signing Officer

Name
Catherine Kersten
Title
Executive Director
Phone
4074661016
Signed
2026-02-17

Organization Details

Principal Officer
Catherine Kersten
Formed
2018
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“BALANCE”

Raw XML Appendix336 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SANDIE KERSTEN IS THE DAUGHTER OF CATHERINE KERSTEN. SHE SERVES AS THE DIRECTOR OF OPERATIONS AND IS ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE WILL SHARE IT AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WE ARE WORKING ON AN UPDATE TO OUR GOVERNING DOCUMENTS WHICH WILL BE UPLOADED ASAP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BALANCE
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt070514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016263
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01296
IRS990/TravelGrp/ProgramServicesAmt025224
IRS990/TravelGrp/TotalAmt026520
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01228 INVERNESS DR
IRS990/USAddress/CityNm0DUNEDIN
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034698
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FMBCSTATE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Catherine Kersten
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04074661016
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA MARCHING BAND TOURNAMENTINC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0204314751
ReturnHeader/Filer/PhoneNum04074661016
ReturnHeader/Filer/USAddress/AddressLine1Txt01228 INVERNESS DR
ReturnHeader/Filer/USAddress/CityNm0DUNEDIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034698
ReturnHeader/ReturnTs02026-02-17T15:42:12-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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