Center of the American Experiment

Analysis

Center of the American Experiment is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Center of the American Experiment reported income of $4.7m and spending of $4.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.7m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Center of the American Experiment sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Memphis Leadership Foundation Inc ($4.7m), Kingdom House ($4.7m) and John Burton Advocates for Youth ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $183k (3.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.5m against liabilities of $611k, net assets of $879k. It reported 21 employees.