Bloomington Chorale Inc

Analysis

Bloomington Chorale Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in May 2004, 22 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, Bloomington Chorale Inc reported income of $52k and spending of $37k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $52k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bloomington Chorale Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include American Chemical Society ($52k), Greater Richmond Bengali Association ($52k) and Thomas Jefferson Gardens of Greene County ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 45% of the total. At year end it held assets of $30k against liabilities of $60, net assets of $30k.