Minnesota Agricultural Interpretive Center

Analysis

Minnesota Agricultural Interpretive Center is a registered charity in United States, based in Waseca, MN. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Minnesota Agricultural Interpretive Center reported income of $699k and spending of $742k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $699k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minnesota Agricultural Interpretive Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Nonprofit Network ($699k), Larche Spokane ($699k) and Eli-American Friends of the Israel Associatn for Child Protection Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $71k (9.6% of expenses). Other salaries and wages came to $110k. At year end it held assets of $2.7m against liabilities of $368k, net assets of $2.3m. It reported 11 employees.