Dakota Prairie Regional Center for the Arts

Analysis

Dakota Prairie Regional Center for the Arts is a registered charity in United States, based in New Rockford, ND. It received its IRS tax-exemption ruling in April 1992, 34 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 December 2023, Dakota Prairie Regional Center for the Arts reported income of $193k and spending of $159k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $193k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dakota Prairie Regional Center for the Arts sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ND. Charities of a similar size with the same main cause include Fenimore Chamber Orchestra Inc ($193k), Transformative Culture Project Inc ($193k) and Distrikt ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Other salaries and wages came to $47k. At year end it held assets of $651k against liabilities of $232k, net assets of $419k. It reported 2 employees.