Des Moines Wine Festival Foundation

Des Moines Wine Festival Foundation maintains stable operations with no officer compensation, despite recent minor operating deficits.

EIN: 20627578 · Des Moines, IA · NTEE: A23 · Updated: 2026-03-28

$350KRevenue

$236KAssets

85/100Mission Score (Excellent)

A23

About Des Moines Wine Festival Foundation

Des Moines Wine Festival Foundation (EIN: 20627578) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A23. The organization reported total revenue of $350K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Des Moines Wine Festival Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Des Moines Wine Festival Foundation demonstrates consistent financial activity, with revenues and expenses generally in the range of $300,000 to $500,000 over the past decade. The organization's assets have fluctuated, peaking at $321,214 in 2021 and currently standing at $213,548 as of the 2023 filing. While the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($504,119 expenses vs. $452,388 revenue) and 2022 ($430,412 expenses vs. $418,293 revenue), these deficits appear manageable given its asset base and consistent revenue streams. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence regarding executive pay.

The foundation's financial health appears stable, albeit with some operational deficits in recent years. Its liabilities are consistently low, indicating good financial management and minimal debt burden. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The NTEE code A23 (Cultural & Artistic Events) suggests a focus on community engagement through events, which often have higher direct costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Des Moines Wine Festival Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Des Moines Wine Festival Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which is highly favorable for a nonprofit of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Des Moines Wine Festival Foundation's IRS 990 filings:

Expenses exceeded revenue in 2023 ($504,119 vs. $452,388) and 2022 ($430,412 vs. $418,293), indicating minor operating deficits in recent periods.

Strengths

The following positive indicators were identified for Des Moines Wine Festival Foundation:

Consistent 0% officer compensation across all filings, indicating efficient use of funds for mission-related activities.
Very low liabilities consistently reported, demonstrating strong financial management and minimal debt burden.
Consistent filing of IRS Form 990s over 13 periods, indicating a commitment to transparency and compliance.
Stable revenue streams over the past decade, generally ranging from $300,000 to $500,000.

Frequently Asked Questions about Des Moines Wine Festival Foundation

Is Des Moines Wine Festival Foundation a good charity?

Based on the provided financial data, the Des Moines Wine Festival Foundation appears to be a well-managed organization with consistent revenue and low liabilities. The absence of officer compensation is a significant positive indicator of efficient resource allocation. Its consistent filing history also suggests good governance and transparency.

How has the organization's financial health changed over time?

The organization has maintained a relatively stable financial position over the past decade, with revenues and expenses generally between $300,000 and $500,000. While assets have fluctuated, they have remained robust enough to cover liabilities, which have consistently been very low. There have been minor operating deficits in recent years (e.g., 2023 and 2022), but these are not severe enough to indicate significant financial distress.

What is the trend in the organization's assets?

The organization's assets have shown some fluctuation, peaking at $321,214 in 2021 and decreasing to $213,548 in 2023. Despite this recent decline, the asset base remains substantial relative to its annual expenses and very low liabilities, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Des Moines Wine Festival Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Des Moines Wine Festival Foundation's revenue has grown by 75.6%, moving from $258K to $452K. Total assets increased by 181.9% over the same period, from $76K to $214K. Total functional expenses rose by 118.7%, from $231K to $504K. In its most recent filing year (2023), Des Moines Wine Festival Foundation reported a deficit of $52K, with expenses exceeding revenue. The organization holds $4K in liabilities against $214K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $209K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$452K	$504K	$214K	$4K	—	—
2022	$418K	$430K	$258K	$7K	—	View 990
2021	$361K	$335K	$321K	$17K	—	View 990
2020	$291K	$303K	$273K	$18K	—	—
2019	$428K	$435K	$270K	$9K	—	View 990
2018	$389K	$390K	$277K	$7K	—	View 990
2017	$419K	$404K	$280K	$11K	—	View 990
2016	$381K	$347K	$259K	$9K	—	View 990
2015	$384K	$343K	$219K	$10K	—	View 990
2014	$347K	$317K	$174K	$1K	—	View 990
2013	$297K	$272K	$142K	$0	—	View 990
2012	$274K	$230K	$117K	$0	—	View 990
2011	$258K	$231K	$76K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $452K, expenses of $504K, and assets of $214K (revenue +8.2% year-over-year).
2022: Revenue of $418K, expenses of $430K, and assets of $258K (revenue +15.9% year-over-year).
2021: Revenue of $361K, expenses of $335K, and assets of $321K (revenue +24.0% year-over-year).
2020: Revenue of $291K, expenses of $303K, and assets of $273K (revenue -32.1% year-over-year).
2019: Revenue of $428K, expenses of $435K, and assets of $270K (revenue +10.1% year-over-year).
2018: Revenue of $389K, expenses of $390K, and assets of $277K (revenue -7.1% year-over-year).
2017: Revenue of $419K, expenses of $404K, and assets of $280K (revenue +9.8% year-over-year).
2016: Revenue of $381K, expenses of $347K, and assets of $259K (revenue -0.6% year-over-year).
2015: Revenue of $384K, expenses of $343K, and assets of $219K (revenue +10.5% year-over-year).
2014: Revenue of $347K, expenses of $317K, and assets of $174K (revenue +16.8% year-over-year).
2013: Revenue of $297K, expenses of $272K, and assets of $142K (revenue +8.5% year-over-year).
2012: Revenue of $274K, expenses of $230K, and assets of $117K (revenue +6.4% year-over-year).
2011: Revenue of $258K, expenses of $231K, and assets of $76K.

Data Sources and Methodology

This transparency report for Des Moines Wine Festival Foundation 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.