Crossroads Percussion

Analysis

Crossroads Percussion is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Crossroads Percussion reported income of $111k and spending of $110k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $111k (+6.7%), an average of +6.7% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crossroads Percussion sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Turner Farmhouse Foundation ($111k), Kregel Windmill Factory Museum ($111k) and Heartlight Ministries ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 5.8% of the total. At year end it held assets of $68k against liabilities of $56k, net assets of $12k.