Minnesota A-A-E

Analysis

Minnesota A-A-E is a registered charity in United States, based in Two Harbors, MN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover science and technology, 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 A-A-E reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $922k to $1.3m (+46%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 92% 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 A-A-E sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Hawaii Youth Symphony Association ($1.3m), Santa Barbara Trust for Historic Preservation ($1.3m) and Rocky Mountain Student Media Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.