Metropolitan Regional Arts Council

Analysis

Metropolitan Regional Arts Council is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2024, Metropolitan Regional Arts Council reported income of $6.1m and spending of $5.9m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.2m to $6.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Regional Arts Council sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Nashville International Center for Empowerment ($6.1m), Channel 5 Public Broadcasting Inc ($6.1m) and Chicago Humanities Festival ($6.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $155k (2.6% of expenses). Other salaries and wages came to $441k. At year end it held assets of $730k against liabilities of $85k, net assets of $645k. It reported 10 employees.