Minneapolis Musical Theatre Inc Eduacational Non Profit Org

Analysis

Minneapolis Musical Theatre Inc Eduacational Non Profit Org is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in March 2000, 26 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, Minneapolis Musical Theatre Inc Eduacational Non Profit Org reported income of $51k and spending of $91k, spending 179% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $64k to $51k (-21%), an average of -21% a year. The sharpest change came in the year to July 2023, when income dropped by 21%. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minneapolis Musical Theatre Inc Eduacational Non Profit Org sits at the 22nd percentile: it is larger than about 22% 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 Waseca Sleigh and Cutter Festival Association Inc ($51k), Adventures in Preservation ($51k) and 4heads Inc ($51k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $9,904 against liabilities of $0, net assets of $9,904.