Minnesota International Chinese School

Analysis

Minnesota International Chinese School is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in October 2013, 13 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Minnesota International Chinese School reported income of $215k and spending of $148k, leaving 31% of income unspent that year. Across the 4 years on record, from January 2021 to January 2024, income grew from $212k to $215k (+1.1%), an average of +0.4% a year. The sharpest change came in the year to January 2024, when income rose by 52%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota International Chinese School sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Cavankerry Press Ltd ($215k), Riverside Community Players ($215k) and Memorial Day Flowers Foundation ($215k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $52k (35% of expenses). Other salaries and wages came to $28k. At year end it held assets of $203k against liabilities of $7,292, net assets of $196k. It reported 25 employees.