Montessori Training Center of Minnesota Inc

Analysis

Montessori Training Center of Minnesota Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Montessori Training Center of Minnesota Inc reported income of $2.0m and spending of $2.8m, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.0m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Training Center of Minnesota Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Capstone Christian Academy ($2.0m), Wye River Upper School Inc ($2.0m) and Burkard School ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $346k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $10.3m against liabilities of $1.3m, net assets of $9.1m. It reported 35 employees.