Patrons of the Arts & Activities

Analysis

Patrons of the Arts & Activities is a registered charity in United States, based in Savage, MN. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Patrons of the Arts & Activities reported income of $124k and spending of $175k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $124k (-14%), an average of -14% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patrons of the Arts & Activities sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Rachel Carson Elem Ptsa ($124k), SPHS Music Boosters Inc ($124k) and Socalpocis Inc a California Nonprofit Public Benefit Corporati ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 21% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.