Aurora Center for the Arts

Analysis

Aurora Center for the Arts is a registered charity in United States, based in Fosston, MN. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, Aurora Center for the Arts reported income of $109k and spending of $80k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $109k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aurora Center for the Arts sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Stewardship of Life Institute ($109k), Friends of the Allen Public Library Incorporated ($109k) and Friends of the Jaycee Park LLC ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.