Avon Hills Folk School

Analysis

Avon Hills Folk School is a registered charity in United States, based in Avon, MN. It received its IRS tax-exemption ruling in September 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, Avon Hills Folk School reported income of $186k and spending of $143k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2022 to December 2023, income grew from $98k to $186k (+89%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 207%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avon Hills Folk School sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Historic Fallsington Incorporated ($186k), Music to the Ears Foundation ($186k) and News Foundation of Greater Fayetteville ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $89k against liabilities of $7,137, net assets of $82k.