Minnesota Horse Exposition Inc

Analysis

Minnesota Horse Exposition Inc is a registered charity in United States, based in Savage, MN. It received its IRS tax-exemption ruling in June 1991, 35 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 May 2023, Minnesota Horse Exposition Inc reported income of $768k and spending of $784k, spending 102% of its income. Across the 4 years on record, from May 2019 to May 2023, income grew from $617k to $768k (+24%), an average of +7.6% a year. The sharpest change came in the year to May 2020, when income dropped by 100%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Horse Exposition Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include By Degrees Foundation ($768k), Society for Applied Anthropology ($768k) and St Helens Senior Center ($768k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $493k against liabilities of $346k, net assets of $148k.