Minnesota Percussion Association

Analysis

Minnesota Percussion Association is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in May 2023, 3 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, Minnesota Percussion Association reported income of $85k and spending of $76k, spending 90% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $9,940 to $85k (+755%), an average of +192% a year. The sharpest change came in the year to June 2023, when income rose by 340%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota Percussion Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Rockvale Writers Colony Inc ($85k), Aspect Foundation for Music and Arts ($85k) and Lexington Writers Room ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 65% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.