Ashland Productions Inc

Analysis

Ashland Productions Inc is a registered charity in United States, based in Maplewood, MN. It received its IRS tax-exemption ruling in March 2005, 21 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 August 2023, Ashland Productions Inc reported income of $673k and spending of $842k, spending 125% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $797k to $673k (-16%), an average of -4.1% a year. The sharpest change came in the year to August 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ashland Productions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Alliance for Market Solutions Inc ($673k), Manchester Music Festival Inc ($673k) and Heartland Performing Arts ($673k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $188k (22% of expenses). Other salaries and wages came to $116k. At year end it held assets of $500k against liabilities of $207k, net assets of $293k. It reported 5 employees.