Pottawattamie Arts Culture & Entertainment

Analysis

Pottawattamie Arts Culture & Entertainment is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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, Pottawattamie Arts Culture & Entertainment reported income of $2.0m and spending of $2.7m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $2.0m (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pottawattamie Arts Culture & Entertainment sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Sheltered Workshop Insurance of Mo ($2.0m), Bucks County Rescue Squad ($2.0m) and North Country Community College Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $110k (4.1% of expenses). Other salaries and wages came to $592k. At year end it held assets of $18.2m against liabilities of $94k, net assets of $18.1m. It reported 33 employees.