Dawson-Boyd Arts Association

Analysis

Dawson-Boyd Arts Association is a registered charity in United States, based in Dawson, MN. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dawson-Boyd Arts Association reported income of $93k and spending of $96k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $93k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dawson-Boyd Arts Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Main Stage ($93k), New Hartford Historical Society Inc ($93k) and Apoyonline Association for Heritage Preservation of the Americas ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 41% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.