Higher Works Collaborative

Analysis

Higher Works Collaborative is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in April 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 September 2022, Higher Works Collaborative reported income of $372k and spending of $465k, spending 125% of what it took in. Across the 2 years on record, from September 2021 to September 2022, income grew from $293k to $372k (+27%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Higher Works Collaborative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Thousand Oaks Chinese School ($372k), Sol Treasures ($372k) and K Space Contemporary ($372k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Other salaries and wages came to $134k. At year end it held assets of $14k against liabilities of $3,271, net assets of $10k. It reported 6 employees.