Maple Grove Arts Center
Analysis
Maple Grove Arts Center is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in April 2010, 16 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, Maple Grove Arts Center reported income of $146k and spending of $141k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $146k (+8.6%), an average of +8.6% a year. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maple Grove Arts Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Bangladeshi American Police Association ($146k), Conservatory of Central Illinois ($146k) and Bunbury Repertory Theatre Company ($146k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $33k against liabilities of $3,284, net assets of $29k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bangladeshi American Police Association | Levittown | $146k |
| Conservatory of Central Illinois | Champaign | $146k |
| Bunbury Repertory Theatre Company | Louisville | $146k |
| The Federation of Korean Associations USA | Alexandria | $146k |