Iowa City Unesco City Of Literature
EIN: 271303892 · Iowa City, IA · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $230K |
| Total Expenses | $259K |
| Net Assets | $209K |
Is Iowa City Unesco City Of Literature Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa City Unesco City Of Literature
Iowa City Unesco City Of Literature (EIN: 271303892) is a nonprofit organization based in Iowa City, IA, classified under NTEE code B60. The organization reported total revenue of $230K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa City Unesco City Of Literature's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa City Unesco City Of Literature is a small nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $259K |
| Surplus / Deficit | $-15,142 |
| Total Assets | $250K |
| Total Liabilities | $40K |
| Net Assets | $209K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2024, Iowa City Unesco City Of Literature reported a deficit of $15K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Iowa City Unesco City Of Literature's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.2% | +16.5% | -14.5% |
| 2023 | -8.1% | +15.8% | +6.4% |
| 2022 | +21.4% | -8.9% | +27.6% |
| 2021 | -9.5% | -8.3% | +2.3% |
| 2020 | -3.1% | -4.4% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa City Unesco City Of Literature 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 Iowa City Unesco City Of Literature 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 $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Frequently Asked Questions about Iowa City Unesco City Of Literature
Is Iowa City Unesco City Of Literature a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa City Unesco City Of Literature (EIN: 271303892) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa City Unesco City Of Literature spend its money?
Detailed spending breakdown data is not yet available for Iowa City Unesco City Of Literature. Check back for updated IRS 990 analysis.
Are donations to Iowa City Unesco City Of Literature tax-deductible?
Iowa City Unesco City Of Literature is registered as a tax-exempt nonprofit (EIN: 271303892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa City Unesco City Of Literature located?
Iowa City Unesco City Of Literature is headquartered in Iowa City, Iowa and files with the IRS under EIN 271303892. It is classified under NTEE code B60.
How many years of IRS 990 filings does Iowa City Unesco City Of Literature have?
Iowa City Unesco City Of Literature 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 $230K in total revenue.
Filing History
IRS 990 filing history for Iowa City Unesco City Of Literature showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Iowa City Unesco City Of Literature's revenue has declined by 5.5%, moving from $258K to $244K. Total assets increased by 173% over the same period, from $91K to $250K. Total functional expenses rose by 0.3%, from $258K to $259K. In its most recent filing year (2024), Iowa City Unesco City Of Literature reported a deficit of $15K, with expenses exceeding revenue. The organization holds $40K in liabilities against $250K in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $244K | $259K | $250K | $40K | — | — |
| 2023 | $232K | $222K | $292K | $49K | — | View 990 |
| 2022 | $253K | $192K | $274K | $41K | — | View 990 |
| 2021 | $208K | $211K | $215K | $42K | — | View 990 |
| 2020 | $230K | $230K | $210K | $35K | — | View 990 |
| 2019 | $237K | $240K | $204K | $28K | — | View 990 |
| 2018 | $278K | $273K | $205K | $27K | — | View 990 |
| 2017 | $246K | $243K | $194K | $19K | — | View 990 |
| 2016 | $267K | $240K | $182K | $11K | — | View 990 |
| 2015 | $222K | $225K | $149K | $4K | — | View 990 |
| 2014 | $224K | $190K | $157K | $10K | — | View 990 |
| 2013 | $203K | $161K | $116K | $3K | — | View 990 |
| 2012 | $219K | $236K | $73K | $3K | — | View 990 |
| 2011 | $258K | $258K | $91K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $244K, expenses of $259K, and assets of $250K (revenue +5.2% year-over-year).
- 2023: Revenue of $232K, expenses of $222K, and assets of $292K (revenue -8.1% year-over-year).
- 2022: Revenue of $253K, expenses of $192K, and assets of $274K (revenue +21.4% year-over-year).
- 2021: Revenue of $208K, expenses of $211K, and assets of $215K (revenue -9.5% year-over-year).
- 2020: Revenue of $230K, expenses of $230K, and assets of $210K (revenue -3.1% year-over-year).
- 2019: Revenue of $237K, expenses of $240K, and assets of $204K (revenue -14.7% year-over-year).
- 2018: Revenue of $278K, expenses of $273K, and assets of $205K (revenue +13.0% year-over-year).
- 2017: Revenue of $246K, expenses of $243K, and assets of $194K (revenue -7.7% year-over-year).
- 2016: Revenue of $267K, expenses of $240K, and assets of $182K (revenue +19.9% year-over-year).
- 2015: Revenue of $222K, expenses of $225K, and assets of $149K (revenue -0.7% year-over-year).
- 2014: Revenue of $224K, expenses of $190K, and assets of $157K (revenue +10.5% year-over-year).
- 2013: Revenue of $203K, expenses of $161K, and assets of $116K (revenue -7.5% year-over-year).
- 2012: Revenue of $219K, expenses of $236K, and assets of $73K (revenue -15.2% year-over-year).
- 2011: Revenue of $258K, expenses of $258K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa City Unesco City Of Literature:
Data Sources and Methodology
This transparency report for Iowa City Unesco City Of Literature 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.