Fresh Air Inc

Analysis

Fresh Air Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1974, 52 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, Fresh Air Inc reported income of $795k and spending of $687k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $795k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fresh Air Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Brown County Playhouse Management ($795k), Nature Institute Inc ($795k) and Balboa Art Conservation Center ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $78k (11% of expenses). Other salaries and wages came to $159k. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m. It reported 4 employees.