Keane Sense of Rhythm Inc

Analysis

Keane Sense of Rhythm Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Keane Sense of Rhythm Inc reported income of $223k and spending of $197k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $223k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Keane Sense of Rhythm Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include James Toland Vocal Arts Inc ($223k), Icebreaker Mackinac Maritime Museum Inc ($223k) and Adirondack Public Observatory Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $83k (42% of expenses). Other salaries and wages came to $25k. At year end it held assets of $103k against liabilities of $1,640, net assets of $101k. It reported 7 employees.