Interact Center for the Visual and Performing Arts

Analysis

Interact Center for the Visual and Performing Arts is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Interact Center for the Visual and Performing Arts reported income of $2.0m and spending of $2.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $2.0m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interact Center for the Visual and Performing Arts sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Thrive International ($2.0m), Clothes to Kids of Denver ($2.0m) and Treasures for Hope ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $129k (5.7% of expenses). Other salaries and wages came to $1.1m. It paid $35k in professional fundraising fees. At year end it held assets of $768k against liabilities of $498k, net assets of $270k. It reported 37 employees.