Minnesota Falun Dafa Association
Analysis
Minnesota Falun Dafa Association is a registered charity in United States, based in Circle Pines, MN. It received its IRS tax-exemption ruling in October 2011, 15 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 2024, Minnesota Falun Dafa Association reported income of $680k and spending of $815k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $881k to $680k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income rose by 105112%. Over the whole period it spent 87% 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 Falun Dafa Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Cascades Theatrical Company ($680k), Louisville Academy of Music Inc ($680k) and Sam Beauford Woodshop ($680k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 97%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cascades Theatrical Company | Bend | $680k |
| Louisville Academy of Music Inc | Louisville | $680k |
| Sam Beauford Woodshop | Adrian | $680k |
| Cumberland Valley School of Music | Chambersburg | $680k |