Mignolo

Analysis

Mignolo is a registered charity in United States, based in Metuchen, NJ. 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 (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, Mignolo reported income of $64k and spending of $77k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $49k to $64k (+31%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mignolo sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Bar Plan Foundation ($64k), Childrens Arts Network Inc ($64k) and Grace Theatre Workshop Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $17k against liabilities of $4,622, net assets of $12k.