Mesabi Community Orchestra

Analysis

Mesabi Community Orchestra is a registered charity in United States, based in Virginia, MN. It received its IRS tax-exemption ruling in November 2001, 25 years ago. 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 June 2023, Mesabi Community Orchestra reported income of $159k and spending of $137k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $108k to $159k (+47%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mesabi Community Orchestra sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Emyrge Inc ($159k), Petoskey Childrens Nursery Inc ($159k) and Camas County Senior Citizens Inc ($159k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $113k against liabilities of $1,436, net assets of $112k.