North Polk Fine Arts Boosters Inc

Analysis

North Polk Fine Arts Boosters Inc is a registered charity in United States, based in Alleman, IA. It received its IRS tax-exemption ruling in November 2018, 8 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 June 2023, North Polk Fine Arts Boosters Inc reported income of $65k and spending of $65k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $82k to $65k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 93% 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 Polk Fine Arts Boosters Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Indianola Music Boosters ($65k), Guardians of the Gap LLC ($65k) and House of Palestine Inc ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.