Minnesota Air National Guard Historical Foundation Inc

Analysis

Minnesota Air National Guard Historical Foundation Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 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, Minnesota Air National Guard Historical Foundation Inc reported income of $65k and spending of $73k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $65k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota Air National Guard Historical Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Friends of East County Arts ($65k), Denvers Art District on Santa Fe a Colorado Nonprofit Corporation ($65k) and Shady Rock School ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 3.3% of the total. At year end it held assets of $679k against liabilities of $0, net assets of $679k.