Des Moines Gay Mens Chorus

Analysis

Des Moines Gay Mens Chorus is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2024, Des Moines Gay Mens Chorus reported income of $212k and spending of $251k, spending 118% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $168k to $212k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Des Moines Gay Mens Chorus sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include Empire Files Inc ($212k), Friends of Hauberg Civic Center ($212k) and Native Skywatchers Incorporated ($212k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 26% of the total. At year end it held assets of $112k against liabilities of $32k, net assets of $81k.