NEWBO CITY MARKET
AI Summary
NEWBO CITY MARKET is an urban development nonprofit focused on fostering economic development by uplifting entrepreneurs and artists through an equitable business incubator, accessible public programming, and a community gathering space. Based on its 2024 filing, it operates at a $1.1M budget scale and generated $2.5M in total revenue, with major 2024 support from GREATER CEDAR RAPIDS COMMUNITY FOUNDATION ($699.2K), THE HALL-PERRINE FOUNDATION ($445K), and EWING MARION KAUFFMAN FOUNDATION.
Mission Statement
FOSTER ECONOMIC DEVELOPMENT BY UPLIFTING ENTREPRENEUERS AND ARTISTS THROUGH AN EQUITABLE BUSINESS INCUBATOR, ACCESSIBLE PUBLIC PROGRAMMING, AND A COMMUNITY GATHERING SPACE.
Cause Areas
1
Urban development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 21 funders
- 59 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is NEWBO CITY MARKET’s budget?
In 2024, NEWBO CITY MARKET reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does NEWBO CITY MARKET support?
NEWBO CITY MARKET supports work in Urban development.
Where does NEWBO CITY MARKET operate?
NEWBO CITY MARKET is headquartered in Cedar Rapids, IA.
Who funded NEWBO CITY MARKET recently?
In 2025, NEWBO CITY MARKET received grants from AMERICAN ONLINE GIVING FOUNDATION INC, THE HALL-PERRINE FOUNDATION, and EWING MARION KAUFFMAN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEWBO CITY MARKET received in 2024?
The largest grant to NEWBO CITY MARKET in 2024 exceeds $400 thousand.
What is NEWBO CITY MARKET’s reliance on government grants?
NEWBO CITY MARKET relied on government grants for less than 5% of their total revenue in 2024.