Maquoketa Art Experience Ltd

Analysis

Maquoketa Art Experience Ltd is a registered charity in United States, based in Maquoketa, IA. It received its IRS tax-exemption ruling in June 2011, 15 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, Maquoketa Art Experience Ltd reported income of $104k and spending of $87k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $104k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. 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, Maquoketa Art Experience Ltd sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Builders Association Inc ($104k), Riversong Music Festival ($104k) and Apa Musical Theater Guild Fund ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 7.3% of the total. At year end it held assets of $219k against liabilities of $892, net assets of $218k.