Twin Cities Catholic Chorale

Analysis

Twin Cities Catholic Chorale is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2007, 19 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 July 2024, Twin Cities Catholic Chorale reported income of $139k and spending of $161k, spending 116% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income fell from $205k to $139k (-32%), an average of -9.3% a year. The sharpest change came in the year to July 2021, when income dropped by 47%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Cities Catholic Chorale sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Voice of the City ($139k), The Heidelberg Project ($139k) and Evergreen Legacy Foundation ($139k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $24k. At year end it held assets of $455k against liabilities of $0, net assets of $455k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.