The Govenaires Performing Arts Association

Analysis

The Govenaires Performing Arts Association is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, The Govenaires Performing Arts Association reported income of $169k and spending of $155k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $169k (+8.0%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Govenaires Performing Arts Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include LA Verne Girls Softball Association ($168k), Altoona Area Youth Ice Hockey Association Inc ($169k) and Chico Nuts Baseball Club ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 40 employees.