Iowa Turfgrass Institute

Analysis

Iowa Turfgrass Institute is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover science and technology, 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 March 2023, Iowa Turfgrass Institute reported income of $300k and spending of $281k, spending 94% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $248k to $300k (+21%), an average of +6.6% a year. The sharpest change came in the year to March 2022, when income rose by 104%. Over the whole period it spent 98% 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 Turfgrass Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Lillith Lidseen Performing Artsassociation Inc ($300k), Serralves US Circle Inc ($300k) and Learnquest Inc ($300k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.6% and program service revenue 65% of the total. Other salaries and wages came to $18k. At year end it held assets of $393k against liabilities of $35k, net assets of $357k. It reported 3 employees.