Hmong Cultural Center of Minnesota

Analysis

Hmong Cultural Center of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 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 December 2023, Hmong Cultural Center of Minnesota reported income of $556k and spending of $511k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $502k to $556k (+11%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hmong Cultural Center of Minnesota sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Castine Scientific Society ($556k), Carbon Removal Institute ($556k) and Artfest Fort Myers Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Other salaries and wages came to $279k. At year end it held assets of $369k against liabilities of $26k, net assets of $343k. It reported 5 employees.