Nowthen Historical Power Association Inc

Analysis

Nowthen Historical Power Association Inc is a registered charity in United States, based in Rogers, MN. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, Nowthen Historical Power Association Inc reported income of $167k and spending of $123k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $167k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 448%. 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, Nowthen Historical Power Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Laporte County Historical Society Inc ($167k), Jamaica Plain Arts and Civic Center Inc ($167k) and Redondo Ballet ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 90% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.