Key City Creative Center

Analysis

Key City Creative Center is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Key City Creative Center reported income of $154k and spending of $104k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $154k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Key City Creative Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Youth Excellence Performing Arts Workshop ($154k), Jewel Box Children S Theater Company ($154k) and Russell County Historical Commission ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $97k against liabilities of $21k, net assets of $76k.