Ufg Project

Analysis

Ufg Project is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 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, Ufg Project reported income of $62k and spending of $58k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $62k (+5.4%), an average of +5.4% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ufg Project sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Music From Salem Inc ($62k), Voices From Oklahoma Oral History Inc ($62k) and Oak Lawn Band Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.