The Mankato Childrens Chorus

Analysis

The Mankato Childrens Chorus is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Mankato Childrens Chorus reported income of $64k and spending of $53k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $38k to $64k (+70%), an average of +70% a year. The sharpest change came in the year to June 2024, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Mankato Childrens Chorus sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Friends of the Pulaski Theatre Ltd ($64k), Voices in Praise Inc ($64k) and South Platte Valley Historical Society Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 22% of the total. At year end it held assets of $50k against liabilities of $11k, net assets of $40k.