International Cello Institute

Analysis

International Cello Institute is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, International Cello Institute reported income of $164k and spending of $153k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $164k (+147%), an average of +147% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Cello Institute sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Sonoran Sky Elementary School Parent Teacher Organization Inc ($164k), Plainfield Central High School Band Boosters ($164k) and Szkola Jezyka I Kultury Polskiej Im Zbigniewa Herberta ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.