Marshalltown Community Concert Association

Analysis

Marshalltown Community Concert Association is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in October 1980, 46 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 September 2024, Marshalltown Community Concert Association reported income of $74k and spending of $74k, spending 101% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $62k to $74k (+18%), an average of +8.7% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marshalltown Community Concert Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Historical Society of Newburgh Bay and the Highlands ($74k), Harmonic South String Orchestra Inc ($74k) and Chiaha Guild of Arts and Crafts Ltd ($74k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.