Copper Street Brass Quintet Non Profit
Analysis
Copper Street Brass Quintet Non Profit is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Copper Street Brass Quintet Non Profit reported income of $250k and spending of $252k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $278k to $250k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Copper Street Brass Quintet Non Profit sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Theatre Off Jackson ($250k), Towle Performing Arts Company ($250k) and Cedar Falls Community Theatre Inc ($250k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $148k (59% of expenses). Other salaries and wages came to $46k. At year end it held assets of $180k against liabilities of $0, net assets of $180k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 68%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Theatre Off Jackson | Seattle | $250k |
| Towle Performing Arts Company | Hammond | $250k |
| Cedar Falls Community Theatre Inc | Cedar Falls | $250k |
| Aiken Performing Arts Group Inc | Aiken | $250k |