Thief River Falls Concert Association

Analysis

Thief River Falls Concert Association is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in December 1973, 53 years ago. 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, Thief River Falls Concert Association reported income of $106k and spending of $60k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $106k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thief River Falls Concert Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Institute of Classical Architecture and Art Inc ($106k), Boardman Soccer Association Inc ($106k) and Laurel Hill Fire Department Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 34% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.