North End Cultural Center Inc

Analysis

North End Cultural Center Inc is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in November 2012, 14 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, North End Cultural Center Inc reported income of $72k and spending of $113k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $72k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North End Cultural Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Lake Union Civic Orchestra ($72k), National Railway Historical Society Pacific Northwest Chapter ($72k) and Ronen Foundation of America ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $1,033, net assets of $69k.