Center for Irish Music Inc

Analysis

Center for Irish Music Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Irish Music Inc reported income of $749k and spending of $558k, leaving 25% of income unspent that year. Across the 4 years on record, from July 2020 to June 2023, income grew from $431k to $749k (+74%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Irish Music Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include A Home 4 Wayne Inc ($749k), Holland Historical Trust ($749k) and Afghan American Community of Washington ($748k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $113k. At year end it held assets of $495k against liabilities of $71k, net assets of $424k. It reported 4 employees.