St Marys Preservation Association

Analysis

St Marys Preservation Association is a registered charity in United States, based in Renville, MN. It received its IRS tax-exemption ruling in October 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Marys Preservation Association reported income of $67k and spending of $58k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $67k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Marys Preservation Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Monadnock Chorus ($67k), Kundalini University Foundation Inc ($67k) and Portland Civic Players Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.