Iowa State Daily Publication

Analysis

Iowa State Daily Publication is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in April 2016, 10 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 2023, Iowa State Daily Publication reported income of $877k and spending of $891k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.4m to $877k (-39%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 96% 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 State Daily Publication sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Suzuki-Orff School for Young Musicians ($877k), Id Art Center Inc ($877k) and US Biennial Inc ($876k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $411k. At year end it held assets of $169k against liabilities of $125k, net assets of $43k. It reported 55 employees.