Nonprofit · EIN 42-0937490
OCTAGON CENTER FOR THE ARTS
Tax-exempt · AMES, IA 50010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $310,524 | $253,784 | $56,740 | $658,620 | $11,029 | $647,591 |
| June 30, 2024 | 990 | $178,209 | $224,423 | -$46,214 | $609,491 | $17,642 | $591,849 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $142,088
- Membership dues
- $16,462
- Program service revenue
- $56,464
- Investment income
- $33,570
- Net rental income
- $39,766
- Net income from fundraising events
- $27,933
- Net income from sales of inventory
- $10,703
- Other revenue
- $78,402
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $47,000
- Other salaries and wages
- $48,746
- Salaries, compensation and benefits (total)
- $95,746
- Professional fundraising fees
- $0
- Occupancy
- $58,859
- Depreciation
- $11,209
- Program services (functional)
- $206,784
- Management and general (functional)
- $47,000
Balance sheet and other
- Total assets, start of year
- $609,491
- Total assets, end of year
- $658,620
- Total liabilities, end of year
- $11,029
- Net assets, end of year
- $647,591
- Land, buildings and equipment
- $147,668
- Net assets without donor restrictions
- $427,745
- Net assets with donor restrictions
- $219,846
- Gross receipts
- $441,323
- Employees
- 13
- Volunteers
- 90
- Year formed
- 1966
- State of legal domicile
- IA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER JOHNSON | EXECUTIVE DIRECTOR | 30 | $47,000 |
| Heather Lanning | President Trustee or director, Officer | 5 | $0 |
| Sean Thornton | Director Trustee or director, Officer | 5 | $0 |
| GALEN WILKE | Treasurer Trustee or director, Officer | 5 | $0 |
| RACHAEL RAIL | Secretary Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Heather Lanning | President Trustee or director, Officer | 5 | $0 |
| Sean Thornton | Director Trustee or director, Officer | 5 | $0 |
| EMILY HAGER | Treasurer Trustee or director, Officer | 5 | $0 |
| MARY RICHARDS | Secretary Trustee or director, Officer | 5 | $0 |
| HEATHER JOHNSON | EXECUTIVE DIRECTOR | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 427 DOUGLAS AVE, AMES, IA 50010-6213
- Principal officer (990 for 2024)
- Heather Lanning, 427 DOUGLAS AVENUE, AMES, IA 500106213
- Signed the 990
- Heather Johnson, Executive Director
- Phone
- (515) 232-5331
- Website
- WWW.OCTAGONARTS.ORG
- Return prepared by
- Weber Accounting Services LLC
Mission
AN ART CENTER THAT FOSTERS ACTIVE PARTICIPATION IN THE ARTS BY PROVIDING A PLACE WHERE THE ARTS ARE TAUGHT TO PEOPLE OF ALL AGES;TO GIVE SERIOUS PRACTICING ARTISTS A MEETING PLACE TO WORK TOGETHER,EXCHANGE IDEAS, AND DISCUSS COMMON INTERESTS;AND TO OFFER ACTIVITIES THAT WOULD STIMULATE AND APPRECIATE THE ARTS.
Program accomplishments
- EDUCATIONAL PROGRAMS,CLASSES,OUTREACH FOR CHILDREN AND ADULTS FOR AMES, IOWA AND SURROUNDING COMMUNITIES IN POTTERY, PHOTOGRAPHY, DANCE, VISUAL AND PERFORMANCE PROGRAMS NOT OFFERED ELSEWHERE.Expenses $179,920
- EXHIBITS, LOCAL AND INTERNATIONAL ARTISTS DISPLAYS GENERALLY FREE OF ADMISSION, SUPPLEMENT FOR EDUCATION, HANDICAP ACCESSIBLE.Expenses $26,864
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0937490
- 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
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A40Z)
- Assets (IRS master file)
- $658,620
- Income (IRS master file)
- $441,323
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $310,524 | $253,784 | $658,620 | XML |
| 990 | June 2024 | $178,209 | $224,423 | $609,491 | XML |
| 990 | June 2023 | $341,548 | $230,621 | $656,887 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 42-0937490).
Questions about OCTAGON CENTER FOR THE ARTS
- What is the EIN of OCTAGON CENTER FOR THE ARTS?
- The employer identification number (EIN) of OCTAGON CENTER FOR THE ARTS is 42-0937490.
- Is OCTAGON CENTER FOR THE ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to OCTAGON CENTER FOR THE ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCTAGON CENTER FOR THE ARTS 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 OCTAGON CENTER FOR THE ARTS 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 OCTAGON CENTER FOR THE ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OCTAGON CENTER FOR THE ARTS?
- The 990 for the year ended June 30, 2025 names Heather Lanning.
- Who are the officers and directors of OCTAGON CENTER FOR THE ARTS?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $47,000 (HEATHER JOHNSON, EXECUTIVE DIRECTOR).
- How much revenue does OCTAGON CENTER FOR THE ARTS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $310,524, expenses of $253,784 and total assets of $658,620 at year end.
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- HUMANITIES IOWA EIN 23-7374180 · last filed 990 for 2024
- CREATIVE ARTISTS STUDIOS OF AMES INC EIN 42-1512956 · last filed 990-EZ for 2025
- CROSSROADS PERCUSSION EIN 81-5195392 · last filed 990-EZ for 2025
All nonprofits in AMES · Iowa · Arts, culture and humanities