Alliance Francaise of the Twin Cities

Analysis

Alliance Francaise of the Twin Cities is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1976, 50 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 June 2023, Alliance Francaise of the Twin Cities reported income of $1.1m and spending of $1.2m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.1m (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance Francaise of the Twin Cities sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Piikanii Lodge Health Institute ($1.1m), Star Educational Media Network Inc ($1.1m) and Walter Anderson Museum of Art Incorporated ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $109k (8.7% of expenses). Other salaries and wages came to $479k. At year end it held assets of $3.9m against liabilities of $1.1m, net assets of $2.8m. It reported 48 employees.