Youth Chorale of Central Minnesota

Analysis

Youth Chorale of Central Minnesota is a registered charity in United States, based in St Cloud, 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 2023, Youth Chorale of Central Minnesota reported income of $191k and spending of $158k, spending 83% of its income. Across the 3 years on record, from June 2022 to July 2023, income grew from $105k to $191k (+83%), an average of +35% a year. The sharpest change came in the year to July 2023, when income rose by 18292%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Chorale of Central Minnesota sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Concrete Temple Theatre ($191k), Nebraska Coalition for Life Saving Cures ($192k) and Moore County Art Association Inc ($191k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 37% and program service revenue 16% of the total. At year end it held assets of $102k against liabilities of $2,102, net assets of $100k.