Iowa European Cultural Connection

Analysis

Iowa European Cultural Connection is a registered charity in United States, based in Pleasant Hill, IA. It received its IRS tax-exemption ruling in January 2015, 11 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, Iowa European Cultural Connection reported income of $310k and spending of $254k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $32k to $310k (+872%), an average of +77% a year. The sharpest change came in the year to June 2022, when income rose by 333%. Over the whole period it spent 87% 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 European Cultural Connection sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Living Tongues Institute for Endangered Languages ($310k), The Community Music School of the Piedmont Inc ($310k) and Harvester Arts ($310k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.