Black Label Movement

Analysis

Black Label Movement is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 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 June 2023, Black Label Movement reported income of $214k and spending of $171k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $167k to $214k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Label Movement sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Parke Players Inc ($214k), Geneva Music Festival Inc ($214k) and Seal Inc ($214k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.