Academy at Minds in Motion

Analysis

Academy at Minds in Motion is a registered charity in United States, based in Springboro, OH. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy at Minds in Motion reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy at Minds in Motion sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Temple Christian School Inc ($2.6m), Amite School Corporation ($2.6m) and Edible Schoolyard New York ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $80k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $17k, net assets of $2.1m. It reported 54 employees.