Twin Rivers Council for the Arts

Analysis

Twin Rivers Council for the Arts is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Twin Rivers Council for the Arts reported income of $199k and spending of $128k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $199k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 82% 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 Rivers Council for the Arts sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Friends of Santiam Pass Ski Lodge ($199k), Calaveras County Arts Council ($199k) and Massachusetts Educational Theater Guild Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $132k against liabilities of $2,126, net assets of $130k.