Flourish Placemaking Collective

Analysis

Flourish Placemaking Collective is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Flourish Placemaking Collective reported income of $362k and spending of $282k, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $237k to $362k (+53%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 83%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flourish Placemaking Collective sits at the 81st percentile: it is larger than about 80% 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 South Placer Heritage Foundation Inc ($362k), Cincinnati Golden Gloves for Youth TT ($362k) and Fox Valley Swim Team Incorporated ($362k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $118k. At year end it held assets of $847k against liabilities of $127k, net assets of $720k. It reported 4 employees.