Key City Creative Center

Nonprofit profile at a glance

EIN
320538342
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Dubuque, IA, USA
Phone
5635647493
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$141,043
Expenses
$96,075
Assets
$137,364
Liabilities
$15,986

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ERIC ETHIER (PRESIDENT)
  • BRIAN GRAHAM (EXECUTIVE DIRECTOR)

People named in this filing

  • STEVE GRAHAM (MEMBER AT LARGE)
  • ERIC ETHIER (PRESIDENT)
  • BRIAN GRAHAM (EXECUTIVE DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of key city creative center is to provide tools and space for makers, artists, and entrepreneurs to freely collaborate, learn, create and inspire.

What it reported doing in 2024

Key city creative center provides a 24/7 makerspace, which includes tools and space for makers, artists, and entrepreneurs to freely collaborate, learn, create and inspire. During 2024, 262 persons benefited from this program.

Operating model

Revenue model
Membership-supported. 76% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.4%; rating input score 68
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 31.9%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.43; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 10.6% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 44% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 68.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $96K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Liabilities to assets ratio scored 23/100.