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National Exercise Trainers Association

RegisteredEIN 41-1319832Minneapolis, MNArts, culture, heritage and science
Income$933k2024-01
Spending$1.1msame year
Spent / received100%5-year average
Size in its cause85th pctArts, culture, heritage and science
Exempt since1981Suspense
Employees7latest return

Analysis

National Exercise Trainers Association is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1981, 45 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, National Exercise Trainers Association reported income of $933k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $1.6m to $933k (-40%), an average of -12% a year. The sharpest change came in the year to January 2024, when income dropped by 24%. 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, National Exercise Trainers Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Arts Connection ($933k), Calpulli Mexican Dance Company ($934k) and Play Production Company Inc ($933k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $174k (16% of expenses). Other salaries and wages came to $303k. At year end it held assets of $2.6m against liabilities of $380k, net assets of $2.2m. It reported 7 employees.

Income and spending

$0$391k$781k$1.2m$1.6m2020 Income: $1,562,6962020 Spending: $1,547,10620202021 Income: $1,350,3732021 Spending: $1,203,55620212022 Income: $1,160,9232022 Spending: $1,166,65320222023 Income: $1,220,4852023 Spending: $1,195,59820232024 Income: $933,3692024 Spending: $1,090,7152024
IncomeSpending

Where the income comes from

  • Program services 97%
  • Other 3.3%

Similar-sized charities, same cause

CharityLocationIncome
Arts ConnectionSan Bernardino$933k
Calpulli Mexican Dance CompanyEast Elmhurst$934k
Play Production Company IncNew York$933k
West Coast Christian Television IncLargo$934k