Awood Center

Analysis

Awood Center is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in February 2020, 6 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, Awood Center reported income of $892k and spending of $569k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $721k to $892k (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Awood Center sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Minnesota Music Educators Association ($891k), Love Now Media Inc ($892k) and Casa 0101 Inc ($891k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $133k (23% of expenses). Other salaries and wages came to $201k. It paid $2,576 in professional fundraising fees. At year end it held assets of $997k against liabilities of $17k, net assets of $980k. It reported 6 employees.