Napo Inc

Analysis

Napo Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1998, 28 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 2023, Napo Inc reported income of $268k and spending of $350k, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $365k to $268k (-27%), an average of -7.5% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Napo Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Singing Sensations Youth Choir ($268k), Indigenous Cultures Institute ($268k) and Ely Folk School ($268k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $648k against liabilities of $9,958, net assets of $638k.