Minnesota Makers & Artists Guild

Analysis

Minnesota Makers & Artists Guild is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in July 2017, 9 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, Minnesota Makers & Artists Guild reported income of $126k and spending of $134k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $103k to $126k (+22%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 94% 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 Makers & Artists Guild sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Korean American Federation of Utah ($126k), Artist Connection Theatre Inc ($126k) and CDM Orchesis Dance Company ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 49% of the total. At year end it held assets of $33k against liabilities of $11k, net assets of $23k.