Public Art Saint Paul

Analysis

Public Art Saint Paul is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in March 1988, 38 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, Public Art Saint Paul reported income of $645k and spending of $1.1m, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $645k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Art Saint Paul sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Bible Truth Publishers Inc ($645k), Center for Migration Studies of New York Inc ($645k) and Nichi Bei Foundation ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $114k (10% of expenses). Other salaries and wages came to $131k. At year end it held assets of $647k against liabilities of $22k, net assets of $625k. It reported 8 employees.