Iowa Barn Foundation

Analysis

Iowa Barn Foundation is a registered charity in United States, based in Nevada, IA. It received its IRS tax-exemption ruling in December 1997, 29 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, Iowa Barn Foundation reported income of $157k and spending of $146k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $117k to $157k (+33%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iowa Barn Foundation sits at the 54th percentile: it is larger than about 54% 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 Indian American Kerala Cultural and Civic Center ($157k), Youth Orchestra Association of Greater Columbus Inc ($157k) and Antique Wireless Association ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $318k against liabilities of $187k, net assets of $131k.