Big Stone Advancing Arts

Analysis

Big Stone Advancing Arts is a registered charity in United States, based in Minnetrista, MN. It received its IRS tax-exemption ruling in November 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 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 December 2023, Big Stone Advancing Arts reported income of $164k and spending of $102k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $164k (+10%), an average of +10% a year. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Big Stone Advancing Arts sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Royal Conservatory of Music Foundation ($164k), Los Indios de San Gabriel Inc ($164k) and Fanm Saj ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.