Choral Arts Ensemble of Rochester

Analysis

Choral Arts Ensemble of Rochester is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2024, Choral Arts Ensemble of Rochester reported income of $371k and spending of $366k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $281k to $371k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Choral Arts Ensemble of Rochester sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Hiddenite Center Inc ($371k), The National Society of the Colonial Dames of America in the S ($371k) and Association of American Rhodes Scholars ($371k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 35% of the total. Other salaries and wages came to $143k. At year end it held assets of $440k against liabilities of $29k, net assets of $411k. It reported 6 employees.