Creative Artists Studios of Ames Inc

Analysis

Creative Artists Studios of Ames Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in July 2002, 24 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 June 2024, Creative Artists Studios of Ames Inc reported income of $94k and spending of $78k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $94k (+42%), an average of +42% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Creative Artists Studios of Ames Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include St Dunstans Guild of Cranbrook Inc ($94k), American Hop Museum ($94k) and Acting Troupe of Lambert Booster Club ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 86% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.