Main Street School of Performing Arts Abc

Analysis

Main Street School of Performing Arts Abc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Main Street School of Performing Arts Abc reported income of $735k and spending of $721k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $669k to $735k (+9.9%), an average of +2.4% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street School of Performing Arts Abc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Asociacion Para LA Educacion Integral Inc ($735k), Center for Hearing and Speech Foundation ($735k) and Association of Zinfandel Advocates and Producers ($735k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $8.3m against liabilities of $9.9m, net assets of -$1.6m.