Iowa Public Radio Inc
Iowa Public Radio Inc shows strong financial growth and asset accumulation with no reported officer compensation.
EIN: 204227123 · Des Moines, IA · NTEE: A24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $9.3M |
| Program Spending | 90% |
| Net Assets | $12.9M |
| Transparency Score | 95/100 |
Is Iowa Public Radio Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iowa Public Radio Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iowa Public Radio Inc
Iowa Public Radio Inc (EIN: 204227123) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A24. The organization reported total revenue of $11.0M and total assets of $16.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Public Radio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Public Radio Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $9.3M |
| Surplus / Deficit | +$3.5M |
| Total Assets | $15.9M |
| Total Liabilities | $2.9M |
| Net Assets | $12.9M |
| Operating Margin | 27.3% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2023, Iowa Public Radio Inc reported a surplus of $3.5M with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Public Radio Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +28.6% | +31.4% |
| 2022 | +58.6% | +2.8% | +136.3% |
| 2021 | +1.4% | +1.7% | +25.6% |
| 2020 | +8.7% | +3.9% | +20.4% |
| 2019 | +5.8% | +7.2% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iowa Public Radio Inc with a Mission Score of 95 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, Iowa Public Radio Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing all funds towards program services.
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.
Strengths
The following positive indicators were identified for Iowa Public Radio Inc:
- Consistent and strong revenue growth, from $5.1M in 2014 to $12.8M in 2023.
- Significant asset accumulation, growing from $1.46M in 2014 to $15.86M in 2023.
- Remarkable 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
- Expenses consistently well below revenue, leading to healthy surpluses and asset building.
- Strong financial health and stability demonstrated by increasing assets and decreasing liabilities relative to assets over time.
Frequently Asked Questions about Iowa Public Radio Inc
Is Iowa Public Radio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Public Radio Inc (EIN: 204227123) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Iowa Public Radio Inc spend its money?
Iowa Public Radio Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iowa Public Radio Inc tax-deductible?
Iowa Public Radio Inc is registered as a tax-exempt nonprofit (EIN: 204227123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iowa Public Radio Inc's spending goes to programs?
Iowa Public Radio Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iowa Public Radio Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Iowa Public Radio Inc is above average for NTEE category A24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iowa Public Radio Inc located?
Iowa Public Radio Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 204227123. It is classified under NTEE code A24.
How many years of IRS 990 filings does Iowa Public Radio Inc have?
Iowa Public Radio Inc has 13 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 $11.0M in total revenue.
Is Iowa Public Radio Inc a good charity?
Based on the provided IRS 990 data, Iowa Public Radio Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and a remarkable commitment to its mission by reporting 0% officer compensation.
How has Iowa Public Radio Inc's revenue changed over time?
Iowa Public Radio Inc has experienced substantial revenue growth, increasing from $5,108,274 in 2014 to $12,797,138 in 2023, indicating a strong and growing donor base and financial support.
What is the organization's asset growth trend?
The organization's assets have grown significantly and consistently, from $1,459,618 in 2014 to $15,863,712 in 2023, demonstrating excellent financial management and capacity building.
Filing History
IRS 990 filing history for Iowa Public Radio Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Public Radio Inc's revenue has grown by 226.4%, moving from $3.9M to $12.8M. Total assets increased by 1623.3% over the same period, from $921K to $15.9M. Total functional expenses rose by 153.9%, from $3.7M to $9.3M. In its most recent filing year (2023), Iowa Public Radio Inc reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $15.9M in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $12.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $9.3M | $15.9M | $2.9M | — | — |
| 2022 | $12.3M | $7.2M | $12.1M | $2.6M | — | View 990 |
| 2021 | $7.7M | $7.0M | $5.1M | $626K | — | View 990 |
| 2020 | $7.6M | $6.9M | $4.1M | $569K | — | View 990 |
| 2019 | $7.0M | $6.7M | $3.4M | $550K | — | View 990 |
| 2018 | $6.6M | $6.2M | $2.9M | $480K | — | View 990 |
| 2017 | $6.4M | $5.9M | $2.5M | $467K | — | View 990 |
| 2016 | $5.6M | $5.2M | $2.0M | $472K | — | View 990 |
| 2015 | $5.2M | $4.8M | $1.7M | $575K | — | View 990 |
| 2014 | $5.1M | $4.8M | $1.5M | $723K | — | View 990 |
| 2013 | $4.4M | $4.7M | $1.5M | $1.2M | — | View 990 |
| 2012 | $4.8M | $4.5M | $1.7M | $947K | — | View 990 |
| 2011 | $3.9M | $3.7M | $921K | $519K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $9.3M, and assets of $15.9M (revenue +4.2% year-over-year).
- 2022: Revenue of $12.3M, expenses of $7.2M, and assets of $12.1M (revenue +58.6% year-over-year).
- 2021: Revenue of $7.7M, expenses of $7.0M, and assets of $5.1M (revenue +1.4% year-over-year).
- 2020: Revenue of $7.6M, expenses of $6.9M, and assets of $4.1M (revenue +8.7% year-over-year).
- 2019: Revenue of $7.0M, expenses of $6.7M, and assets of $3.4M (revenue +5.8% year-over-year).
- 2018: Revenue of $6.6M, expenses of $6.2M, and assets of $2.9M (revenue +3.3% year-over-year).
- 2017: Revenue of $6.4M, expenses of $5.9M, and assets of $2.5M (revenue +13.9% year-over-year).
- 2016: Revenue of $5.6M, expenses of $5.2M, and assets of $2.0M (revenue +8.3% year-over-year).
- 2015: Revenue of $5.2M, expenses of $4.8M, and assets of $1.7M (revenue +2.0% year-over-year).
- 2014: Revenue of $5.1M, expenses of $4.8M, and assets of $1.5M (revenue +17.3% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.7M, and assets of $1.5M (revenue -9.3% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.5M, and assets of $1.7M (revenue +22.4% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.7M, and assets of $921K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Public Radio Inc:
Data Sources and Methodology
This transparency report for Iowa Public Radio Inc 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.