Greater Des Moines Public Art Foundation
Greater Des Moines Public Art Foundation shows fluctuating revenues but consistent zero executive compensation.
EIN: 201282095 · Des Moines, IA · NTEE: A20 · Updated: 2026-03-28
Is Greater Des Moines Public Art Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Des Moines Public Art Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Des Moines Public Art Foundation
Greater Des Moines Public Art Foundation (EIN: 201282095) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A20. The organization reported total revenue of $4.0M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Des Moines Public Art Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater Des Moines Public Art 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Greater Des Moines Public Art Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with assets reaching $855,930 in 2023.
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 Greater Des Moines Public Art Foundation's IRS 990 filings:
- Significant year-over-year revenue and expense fluctuations, potentially indicating inconsistent funding or project-based financial cycles.
- Expenses exceeded revenue in multiple years (e.g., 2022, 2021, 2019, 2018), which could draw down reserves if not balanced by other periods.
Strengths
The following positive indicators were identified for Greater Des Moines Public Art Foundation:
- Consistent 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
- General growth in assets over the decade, indicating financial stability and capacity.
- Low liabilities in most years, suggesting responsible financial management.
Frequently Asked Questions about Greater Des Moines Public Art Foundation
Is Greater Des Moines Public Art Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Des Moines Public Art Foundation (EIN: 201282095) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Greater Des Moines Public Art Foundation spend its money?
Greater Des Moines Public Art Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Des Moines Public Art Foundation tax-deductible?
Greater Des Moines Public Art Foundation is registered as a tax-exempt nonprofit (EIN: 201282095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Greater Des Moines Public Art Foundation a good charity?
Based on the available data, the Greater Des Moines Public Art Foundation appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation, indicating a strong dedication to its mission and efficient use of funds. Its program spending is likely very high given this fact.
How stable is the organization's funding?
The organization's funding shows significant year-to-year fluctuations, with revenue ranging from $217,021 in 2022 to $1,209,813 in 2021. While assets have generally grown, this variability suggests a need for diverse and stable funding sources.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the past decade, increasing from $946,620 in 2014 to $855,930 in 2023, with some fluctuations. This indicates a growing financial base.
Filing History
IRS 990 filing history for Greater Des Moines Public Art Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Greater Des Moines Public Art Foundation's revenue has grown by 87.8%, moving from $256K to $482K. Total assets increased by 34.5% over the same period, from $637K to $856K. Total functional expenses fell by 33.5%, from $214K to $143K. In its most recent filing year (2023), Greater Des Moines Public Art Foundation reported a surplus of $339K, with revenue exceeding expenses. The organization holds $9K in liabilities against $856K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $847K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $482K | $143K | $856K | $9K | — | View 990 |
| 2022 | $217K | $320K | $592K | $126K | — | View 990 |
| 2021 | $1.2M | $1.3M | $823K | $254K | — | View 990 |
| 2020 | $395K | $309K | $641K | $0 | — | View 990 |
| 2019 | $331K | $385K | $555K | $415 | — | View 990 |
| 2018 | $816K | $1.6M | $612K | $3K | — | View 990 |
| 2017 | $437K | $393K | $1.4M | $3K | — | View 990 |
| 2016 | $555K | $244K | $1.3M | $17 | — | View 990 |
| 2015 | $268K | $177K | $1.0M | $0 | — | View 990 |
| 2014 | $297K | $187K | $947K | $35 | — | View 990 |
| 2013 | $799K | $600K | $836K | $0 | — | View 990 |
| 2012 | $256K | $214K | $637K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $482K, expenses of $143K, and assets of $856K (revenue +121.9% year-over-year).
- 2022: Revenue of $217K, expenses of $320K, and assets of $592K (revenue -82.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.3M, and assets of $823K (revenue +206.2% year-over-year).
- 2020: Revenue of $395K, expenses of $309K, and assets of $641K (revenue +19.4% year-over-year).
- 2019: Revenue of $331K, expenses of $385K, and assets of $555K (revenue -59.4% year-over-year).
- 2018: Revenue of $816K, expenses of $1.6M, and assets of $612K (revenue +86.7% year-over-year).
- 2017: Revenue of $437K, expenses of $393K, and assets of $1.4M (revenue -21.2% year-over-year).
- 2016: Revenue of $555K, expenses of $244K, and assets of $1.3M (revenue +107.1% year-over-year).
- 2015: Revenue of $268K, expenses of $177K, and assets of $1.0M (revenue -10.0% year-over-year).
- 2014: Revenue of $297K, expenses of $187K, and assets of $947K (revenue -62.8% year-over-year).
- 2013: Revenue of $799K, expenses of $600K, and assets of $836K (revenue +211.8% year-over-year).
- 2012: Revenue of $256K, expenses of $214K, and assets of $637K.
Data Sources and Methodology
This transparency report for Greater Des Moines Public Art 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.