Compas Inc

Analysis

Compas Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1974, 52 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Compas Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Compas Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Renaissance Performing Arts Association Inc ($1.7m), Bay Area Cultural Connections ($1.7m) and Quad City Arts Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $132k (8.4% of expenses). Other salaries and wages came to $405k. At year end it held assets of $878k against liabilities of $240k, net assets of $638k. It reported 13 employees.