Napo Inc

Analysis

Napo Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Napo Inc reported income of $1.4m and spending of $1.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $1.4m (-24%), an average of -6.6% a year. The sharpest change came in the year to September 2020, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Napo Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Taki Concordia Conducting Fellowship Inc ($1.4m), The Oscar Hammerstein Museum and Theatre Education Center ($1.4m) and Jewish Book Council ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $1.3m against liabilities of $578k, net assets of $700k.