Iowa Arts in Education

Analysis

Iowa Arts in Education is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in February 2014, 12 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, Iowa Arts in Education reported income of $382k and spending of $402k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $382k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 94% 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 Arts in Education sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Watertown Cable Access Corporation ($382k), Arizona Local Post ($382k) and Sonoma Arts Live ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $173k. At year end it held assets of $183k against liabilities of $0, net assets of $183k. It reported 9 employees.