Esperienza Italia

Analysis

Esperienza Italia is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Esperienza Italia reported income of $227k and spending of $189k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $227k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Esperienza Italia sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Michigan Legacy Art Park ($227k), Kenosha Common Markets Inc ($227k) and Kankakee County Historical Society ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.