Des Moines Performing Arts
EIN: 510138181 · Des Moines, IA · NTEE: S200
| Metric | Value |
|---|---|
| Total Revenue | $39.1M |
| Total Expenses | $24.9M |
| Net Assets | $40.6M |
Is Des Moines Performing Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Des Moines Performing Arts
Des Moines Performing Arts (EIN: 510138181) is a nonprofit organization based in Des Moines, IA, classified under NTEE code S200. The organization reported total revenue of $39.1M and total assets of $51.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Des Moines Performing Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Des Moines Performing Arts is a large nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.3M |
| Total Expenses | $24.9M |
| Surplus / Deficit | $-2,567,628 |
| Total Assets | $51.4M |
| Total Liabilities | $10.7M |
| Net Assets | $40.6M |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 24.8 months |
Financial Health Grade: B
In 2024, Des Moines Performing Arts reported a deficit of $2.6M with expenses exceeding revenue, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Des Moines Performing Arts's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.2% | -11.4% | -3.3% |
| 2023 | -4.5% | +33.6% | -0.6% |
| 2022 | +461.0% | +230.2% | +19.7% |
| 2021 | -62.2% | -62.6% | -0.8% |
| 2020 | -52.6% | -40.0% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Des Moines Performing Arts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Des Moines Performing Arts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.9%.
Frequently Asked Questions about Des Moines Performing Arts
Is Des Moines Performing Arts a legitimate charity?
Des Moines Performing Arts (EIN: 510138181) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $39.1M. No red flags identified. Financial health grade: B.
How does Des Moines Performing Arts spend its money?
Des Moines Performing Arts reported $39.1M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Des Moines Performing Arts tax-deductible?
Des Moines Performing Arts is registered as a tax-exempt nonprofit (EIN: 510138181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Des Moines Performing Arts located?
Des Moines Performing Arts is headquartered in Des Moines, Iowa and files with the IRS under EIN 510138181. It is classified under NTEE code S200.
How many years of IRS 990 filings does Des Moines Performing Arts have?
Des Moines Performing Arts has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39.1M in total revenue.
Filing History
IRS 990 filing history for Des Moines Performing Arts showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Des Moines Performing Arts's revenue has grown by 35.8%, moving from $16.4M to $22.3M. Total assets increased by 97.4% over the same period, from $26.0M to $51.4M. Total functional expenses rose by 54.7%, from $16.1M to $24.9M. In its most recent filing year (2024), Des Moines Performing Arts reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $10.7M in liabilities against $51.4M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $40.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $22.3M | $24.9M | $51.4M | $10.7M | — | — |
| 2023 | $28.3M | $28.0M | $53.1M | $11.0M | — | View 990 |
| 2022 | $29.6M | $21.0M | $53.4M | $12.0M | — | View 990 |
| 2021 | $5.3M | $6.4M | $44.6M | $11.0M | — | View 990 |
| 2020 | $14.0M | $17.0M | $45.0M | $11.9M | — | View 990 |
| 2019 | $29.5M | $28.3M | $45.2M | $8.9M | — | View 990 |
| 2018 | $19.2M | $20.2M | $51.5M | $16.6M | — | View 990 |
| 2017 | $15.9M | $17.5M | $45.4M | $9.9M | — | View 990 |
| 2016 | $17.4M | $17.1M | $41.1M | $4.6M | — | View 990 |
| 2015 | $20.5M | $19.3M | $42.2M | $5.9M | — | View 990 |
| 2014 | $20.1M | $17.6M | $43.0M | $7.8M | — | View 990 |
| 2013 | $22.9M | $16.2M | $36.9M | $4.7M | — | View 990 |
| 2012 | $17.8M | $15.7M | $29.4M | $4.3M | — | View 990 |
| 2011 | $16.4M | $16.1M | $26.0M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $22.3M, expenses of $24.9M, and assets of $51.4M (revenue -21.2% year-over-year).
- 2023: Revenue of $28.3M, expenses of $28.0M, and assets of $53.1M (revenue -4.5% year-over-year).
- 2022: Revenue of $29.6M, expenses of $21.0M, and assets of $53.4M (revenue +461.0% year-over-year).
- 2021: Revenue of $5.3M, expenses of $6.4M, and assets of $44.6M (revenue -62.2% year-over-year).
- 2020: Revenue of $14.0M, expenses of $17.0M, and assets of $45.0M (revenue -52.6% year-over-year).
- 2019: Revenue of $29.5M, expenses of $28.3M, and assets of $45.2M (revenue +53.3% year-over-year).
- 2018: Revenue of $19.2M, expenses of $20.2M, and assets of $51.5M (revenue +20.7% year-over-year).
- 2017: Revenue of $15.9M, expenses of $17.5M, and assets of $45.4M (revenue -8.3% year-over-year).
- 2016: Revenue of $17.4M, expenses of $17.1M, and assets of $41.1M (revenue -15.1% year-over-year).
- 2015: Revenue of $20.5M, expenses of $19.3M, and assets of $42.2M (revenue +1.9% year-over-year).
- 2014: Revenue of $20.1M, expenses of $17.6M, and assets of $43.0M (revenue -12.1% year-over-year).
- 2013: Revenue of $22.9M, expenses of $16.2M, and assets of $36.9M (revenue +28.2% year-over-year).
- 2012: Revenue of $17.8M, expenses of $15.7M, and assets of $29.4M (revenue +8.7% year-over-year).
- 2011: Revenue of $16.4M, expenses of $16.1M, and assets of $26.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Des Moines Performing Arts:
Data Sources and Methodology
This transparency report for Des Moines Performing Arts is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.