Central Dakota Enterprises Inc

Analysis

Central Dakota Enterprises Inc is a registered charity in United States, based in Mandan, ND. It received its IRS tax-exemption ruling in October 1981, 45 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 August 2024, Central Dakota Enterprises Inc reported income of $496k and spending of $500k, spending 101% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $440k to $496k (+13%), an average of +2.4% a year. The sharpest change came in the year to August 2020, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Dakota Enterprises Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ND. Charities of a similar size with the same main cause include Naples Performing Arts Center Inc ($496k), Coos Art Museum ($496k) and K C Clay Guild ($496k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $117k (23% of expenses). Other salaries and wages came to $98k. It paid $11k in professional fundraising fees. At year end it held assets of $588k against liabilities of $8,023, net assets of $580k. It reported 6 employees.