Skip to main content

Nonprofit · EIN 23-7093581

FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER

Tax-exempt · WATERLOO, IA 50701

Financials

$51K$49K2021$31K$28K2022$59K$22K2023$62K$73K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$62,492$73,266-$10,774$260,359$3,462$256,897
June 30, 2024990-EZ$58,927$21,596$37,331$264,059–$264,059
June 30, 2023990-EZ$30,679$27,634$3,045$226,392–$226,392
June 30, 2022990-EZ$50,773$49,267$1,506$221,777–$221,777
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$43,427
Investment income
$1,022
Net gain from sales of assets
$990
Net income from fundraising events
$15,634
Other revenue
$1,419

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,839
Other expenses
$68,427
Program services (functional)
$62,956

Balance sheet and other

Total assets, start of year
$264,060
Total assets, end of year
$260,359
Total liabilities, end of year
$3,462
Net assets, end of year
$256,897
Cash, savings and investments
$260,359
Gross receipts
$74,668

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE SIMONPRESIDENT0.5$0
GINA WHIPPLESECRETARY0.5$0
ANNE ALVARADOTREASURER0.5$0
MIKE ADRIANDIRECTOR0.5$0
DAWN CONRADIDIRECTOR0.5$0
LORI DALEDIRECTOR0.5$0
SARAH GORSUCHDIRECTOR0.5$0
ELIZ GUYERDIRECTOR0.5$0
JYM GUYERDIRECTOR0.5$0
TERRY RICEDIRECTOR0.5$0
TERI RULE-SHEEHANDIRECTOR0.5$0
CINDY WELLSDIRECTOR0.5$0
MIRANDA CANFIELDDIRECTOR0.5$0
NICHOLAS HEDRICKDIRECTOR0.5$0
990-EZ for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensation
MICHELLE SIMONPRESIDENT0.5$0
JANINE AMBROSEVICE PRESIDE0.5$0
GINA WHIPPLESECRETARY0.5$0
ANNE ALVARADOTREASURER0.5$0
MIKE ADRIANDIRECTOR0.5$0
JOANNIE HOFFEYDIRECTOR0.5$0
DAWN CONRADIDIRECTOR0.5$0
LORI DALEDIRECTOR0.5$0
SARAH GORSUCHDIRECTOR0.5$0
ELIZ GUYERDIRECTOR0.5$0
JYM GUYERDIRECTOR0.5$0
CHAWNE PAIGEDIRECTOR0.5$0
JOEL MABONDIRECTOR0.5$0
TERRY RICEDIRECTOR0.5$0
TERI RULE-SHEEHANDIRECTOR0.5$0
CINDY WELLSDIRECTOR0.5$0
JOANNA WAGGONER-NORQUESTDIRECTOR0.5$0
MIRANDA CANFIELDDIRECTOR0.5$0
NICHOLAS HEDRICKDIRECTOR0.5$0
990-EZ for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
MIKE ADRIANDIRECTOR0.1$0
JOANNIE HOFFEYDIRECTOR0.1$0
DAWN CONRADIDIRECTOR0.1$0
LORI DALEDIRECTOR0.1$0
ANNE ALVARADOTREASURER0.1$0
DONALD FARISDIRECTOR0.1$0
SARAH GORSUCHDIRECTOR0.1$0
ELIZ GUYERDIRECTOR0.1$0
JANINE AMBROSEVICE PRESIDE0.1$0
JYM GUYERDIRECTOR0.1$0
MICHELLE SIMONPRESIDENT0.1$0
CHAWNE PAIGEDIRECTOR0.1$0
JOEL MABONDIRECTOR0.1$0
TERRY RICEDIRECTOR0.1$0
TERI RULE-SHEEHANDIRECTOR0.1$0
GINA WHIPPLESECRETARY0.1$0
CINDY WELLSDIRECTOR0.1$0
990-EZ for the year ended June 30, 2022: 17 people
NameTitleHours / weekCompensation
ANNE ALVARADODIRECTOR0.1$0
MIKE ADRIANDIRECTOR0.1$0
JOANNIE HOFFEYDIRECTOR0.1$0
DAWN CONRADIDIRECTOR0.1$0
MIRANDA CANFIELDDIRECTOR0.1$0
LORI DALETREASURER0.1$0
DONALD FARISDIRECTOR0.1$0
SARAH GORSUCHDIRECTOR0.1$0
ELIZ GUYERDIRECTOR0.1$0
JANINE AMBROSEVICE PRESIDE0.1$0
JOHANNA KRAMER-WESTONDIRECTOR0.1$0
MICHELLE SIMONPRESIDENT0.1$0
JOEL MABONDIRECTOR0.1$0
TERRY RICEDIRECTOR0.1$0
TERI RULE-SHEEHANDIRECTOR0.1$0
CINDY WELLSDIRECTOR0.1$0
GINA WHIPPLESECRETARY0.1$0

Address and contacts

Address (IRS master file)
225 COMMERCIAL ST, WATERLOO, IA 50701-1313
In care of
% PAULETTE HAWKENSON
Mailing address (990-N for 2017)
225 COMMERCIAL STREET, WATERLOO IA 50701
Principal officer (990-N for 2017)
KENT SHANKLE, 225 COMMERCIAL STREET, WATERLOO IA 50701
Signed the 990-EZ
MICHELLE SIMON, PRESIDENT
Phone
(319) 291-4490
Return prepared by
HOGAN - HANSEN PC

Mission

TO SUPPORT THE WATERLOO CENTER FOR THE ARTS IN FURTHERING ITS MISSION TO PROMOTE THE ARTS IN THE CEDAR VALLEY.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • TO SUPPORT THE WATERLOO CENTER FOR THE ARTS IN FURTHERING ITS MISSION TO PROMOTE THE ARTS IN THE CEDAR VALLEY.
    Expenses $62,956

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
23-7093581
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$260,359
Income (IRS master file)
$74,668

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$62,492$73,266$260,359XML
990-EZJune 2024$58,927$21,596$264,059XML
990-EZJune 2023$30,679$27,634$226,392XML
990-EZJune 2022$50,773$49,267$221,777XML
990-EZJune 2021–––IRS
990-N for 2017
Officer: KENT SHANKLE
June 30, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7093581).

Questions about FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER

What is the EIN of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER?
The employer identification number (EIN) of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER is 23-7093581.
Is FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER?
The 990-N for 2017 names KENT SHANKLE.
Who are the officers and directors of FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER?
The 990-EZ for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE CENTER WATERLOO RECREATION AND ARTS CENTER have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $62,492, expenses of $73,266 and total assets of $260,359 at year end.

Other nonprofits in WATERLOO

All nonprofits in WATERLOO · Iowa