Bach Society of Minnesota
Analysis
Bach Society of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1966, 60 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 July 2023, Bach Society of Minnesota reported income of $281k and spending of $285k, spending 101% of its income. Across the 3 years on record, from July 2019 to July 2023, income fell from $287k to $281k (-2.1%), an average of -1.1% a year. Over the whole period it spent 88% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bach Society of Minnesota sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Boundless Theatre Company Inc ($281k), Arawaka Inc ($281k) and Meteor Films Inc ($281k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $58k (20% of expenses). It paid $4,125 in professional fundraising fees. At year end it held assets of $111k against liabilities of $1,411, net assets of $110k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 23%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boundless Theatre Company Inc | Sunnyside | $281k |
| Arawaka Inc | Ribera | $281k |
| Meteor Films Inc | New York | $281k |
| Huntsville Symphony Orchestra Guild Inc | Huntsville | $281k |