The Arts Partnership of the Red River Valley

Analysis

The Arts Partnership of the Red River Valley is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 2024, The Arts Partnership of the Red River Valley reported income of $412k and spending of $400k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $463k to $412k (-11%), an average of -2.3% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arts Partnership of the Red River Valley sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ND. Charities of a similar size with the same main cause include Austin Shakespeare Festival Co Inc ($412k), Detv Foundation ($412k) and St Croix Valley Sart ($412k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 16% of the total. Other salaries and wages came to $130k. At year end it held assets of $315k against liabilities of $3,335, net assets of $312k. It reported 3 employees.