Creative Adventure Lab Inc

Analysis

Creative Adventure Lab Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in May 2009, 17 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, Creative Adventure Lab Inc reported income of $862k and spending of $836k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $605k to $862k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Creative Adventure Lab Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Smithtown Performing Arts Counselinc ($862k), Gulf Coast Heritage Association Inc ($863k) and Latino Service Providers ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $101k (12% of expenses). Other salaries and wages came to $254k. At year end it held assets of $643k against liabilities of $518k, net assets of $125k. It reported 23 employees.