German American Heritage Center

Analysis

German American Heritage Center is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in April 1995, 31 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, German American Heritage Center reported income of $339k and spending of $500k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $339k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, German American Heritage Center sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Natures Best Photography Fund Inc ($339k), Authentic Community Theatre Inc Janet Brooks Treasurer ($339k) and Public Space One ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 39% of the total. Other salaries and wages came to $155k. At year end it held assets of $4.3m against liabilities of $34k, net assets of $4.3m. It reported 5 employees.