Arts Partnership

Analysis

Arts Partnership is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arts Partnership reported income of $7.0m and spending of $5.6m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $7.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2020, when income rose by 42%. 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, Arts Partnership sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Prevention Institute ($7.0m), Marthas Vineyard Museum Inc ($7.0m) and Discalced Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $35.9m against liabilities of $437k, net assets of $35.5m.