The Cowles Center

Analysis

The Cowles Center is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 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, The Cowles Center reported income of $3.4m and spending of $3.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.4m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Cowles Center sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include MCNC Endowment ($3.4m), Lake States Dairy Center Inc ($3.4m) and Project Row Houses ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Other salaries and wages came to $866k. At year end it held assets of $17.7m against liabilities of $412k, net assets of $17.3m. It reported 63 employees.