Mizna

Analysis

Mizna is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2005, 21 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, Mizna reported income of $405k and spending of $461k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $405k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mizna sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Indian Cultural Heritage Foundation ($405k), Dorchester Center for the Arts Inc ($405k) and Black Art Speaks ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $86k (19% of expenses). Other salaries and wages came to $122k. At year end it held assets of $653k against liabilities of $11k, net assets of $642k. It reported 10 employees.