Saint Paul Conservatory for Performing Artists

Analysis

Saint Paul Conservatory for Performing Artists is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Saint Paul Conservatory for Performing Artists reported income of $4.9m and spending of $5.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $4.9m (-4.3%), an average of -1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Paul Conservatory for Performing Artists sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Latino Education Advancement Foundation ($4.9m), Nap Ford Community School Inc ($4.9m) and Five Smooth Stones Foundation ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $261k (4.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.6m against liabilities of $3.8m, net assets of $809k. It reported 117 employees.