Des Moines Heritage Center

Analysis

Des Moines Heritage Center is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in February 2020, 6 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Des Moines Heritage Center reported income of $447k and spending of $372k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $447k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 459%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Des Moines Heritage Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Ausable Club Preservation Foundation ($447k), Association of Adventist Forum ($447k) and Historic Wilmington Foun Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $3.8m against liabilities of $1.3m, net assets of $2.5m.