Edmundson Art Foundation Inc is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1949, with $9,381,811 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$9.4M
▼ 12.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$12.4M
Net assets
$172.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Edmundson Art Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edmundson Art Foundation Inc: 167 mo reserves · -32% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Edmundson Art Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edmundson Art Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.4M (FY2013) to $9.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-31.8%
Spent more than it raised in the latest fiscal year.
Total assets
$175.7M
Total liabilities
$3.3M
Net assets
$172.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,381,811▼12.9% | $12,360,549▲22.2% | $172,451,955▲9.1% | $175,729,839▲10.0% | 990 |
| 2023 | $10,771,768▼6.1% | $10,115,267▲17.6% | $158,069,340▲10.3% | $159,753,152▲10.4% | 990 |
| 2022 | $11,467,360▼21.2% | $8,599,153▲22.2% | $143,349,592▼13.0% | $144,679,900▼12.7% | 990 |
| 2021 | $14,551,253▲179% | $7,037,567▲15.1% | $164,862,696▲34.7% | $165,716,069▲33.8% | 990 |
| 2020 | $5,221,950▼34.5% | $6,112,458▼31.1% | $122,381,315▼0.7% | $123,873,821▼0.2% | 990 |
| 2019 | $7,977,980▲1.9% | $8,867,009▲5.0% | $123,193,826▲1.8% | $124,117,602▲1.8% | 990 |
| 2018 | $7,831,738▲27.5% | $8,441,608▲26.1% | $121,004,157▼11.6% | $121,950,133▼12.1% | 990 |
| 2017 | $6,142,788▼25.5% | $6,694,555▼23.2% | $136,856,268▲11.0% | $138,719,519▲10.9% | 990 |
| 2016 | $8,248,056▲19.7% | $8,717,426▲40.8% | $123,274,270▲12.5% | $125,094,890▲13.6% | 990 |
| 2015 | $6,888,512▲25.0% | $6,191,879▼1.3% | $109,535,626▼7.7% | $110,084,812▼7.8% | 990 |
| 2014 | $5,511,201▼13.6% | $6,271,427▼9.9% | $118,619,137▲4.1% | $119,380,496▲4.0% | 990 |
| 2013 | $6,378,251 | $6,962,128▲15.9% | $113,980,105▲29.9% | $114,738,223▲29.6% | 990 |
| 2011 | — | $6,007,400 | $87,751,917 | $88,535,352 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
449 grants to Edmundson Art Foundation Inc totaling $7.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $242,344 |
| Prairie Meadows Race Track & Casino Inc | 2024 school tours | 2024 | $15,000 |
| The Community Foundation For Greater Atlanta Inc | Arts/culture/humanities | 2024 | $10,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 community art access | 2024 | $7,333 |
| Community Fdn of Greater Des Moines | Grant distribution to enable the association to exclusively fund or partially fund permanent acquisitions of art by the association and temporary exhibitions of art by the association at the des moines art center. | 2023 | $424,226 |
| American Endowment Foundation | Arts, culture | 2023 | $117,144 |
| Prairie Meadows Race Track & Casino Inc | Saarinen and i.m. pei galleries renovation | 2023 | $100,000 |
| Community Fdn of Greater Des Moines | Grant distribution: transforming the art center in the 21st century campaign | 2023 | $50,000 |
| Community Fdn of Greater Des Moines | Grant distribution: des moines art center | 2023 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $27,500 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $25,949 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $25,303 |
| Community Fdn of Greater Des Moines | Grant distribution: 2022 annual trustee commitment and 2022 gala commitment | 2023 | $22,500 |
| Community Fdn of Greater Des Moines | Scholarship to enable underprivileged students in the greater des moines metropolitan area to participate in regularly offered classes | 2023 | $21,033 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $20,000 |
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Data for Edmundson Art Foundation Inc (EIN 42-0680419) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.