Cantus

Analysis

Cantus is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1999, 27 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 July 2023, Cantus reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $924k to $1.3m (+43%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cantus sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Oregon Repertory Singers ($1.3m), Sembramedia ($1.3m) and Brain Injury Center ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $228k (18% of expenses). Other salaries and wages came to $443k. At year end it held assets of $1.2m against liabilities of $275k, net assets of $888k. It reported 12 employees.