Association of Minnesota Public Educational Radio Stations Inc

Analysis

Association of Minnesota Public Educational Radio Stations Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Association of Minnesota Public Educational Radio Stations Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $490k to $1.7m (+246%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 106%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Minnesota Public Educational Radio Stations Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Cause Effective Inc ($1.7m), Northeast TX Habitat for Humanity Inc Serving Gregg Harrison & Upshu ($1.7m) and Anacapa School ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $204k (13% of expenses). Other salaries and wages came to $110k. At year end it held assets of $818k against liabilities of $358k, net assets of $459k. It reported 5 employees.