Arts Center of Saint Peter Inc

Analysis

Arts Center of Saint Peter Inc is a registered charity in United States, based in Saint Peter, MN. It received its IRS tax-exemption ruling in January 1980, 46 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 December 2023, Arts Center of Saint Peter Inc reported income of $136k and spending of $212k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $136k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Center of Saint Peter Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include St Clements Hundred Inc ($136k), York County Honors Choirs ($136k) and Institute for Young Dramatic Voices Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 25% of the total. Other salaries and wages came to $88k. At year end it held assets of $552k against liabilities of $0, net assets of $552k. It reported 7 employees.