Mission
FOSTER ECONOMIC DEVELOPMENT BY UPLIFTING ENTREPRENEUERS AND ARTISTS THROUGH AN EQUITABLE BUSINESS INCUBATOR, ACCESSIBLE PUBLIC PROGRAMMING, AND A COMMUNITY GATHERING SPACE.
Public Charity
NEWBO CITY MARKET
Based in CEDAR RAPIDS, IA, NEWBO CITY MARKET operates as a Public Charity. The organization reported $2.5M in revenue, $1.1M in expenses, $4.1M in total assets for fiscal year 2024. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $681K.
EIN: 270600567
CEDAR RAPIDS, IA
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$2.5M
Total Expenses$1.1M
Total Assets$4.1M
Grant Records28
Funding Total$681K
Filing Years2019–2024
Where $100 goes at Newbo City Market
How Newbo City Market divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$75
Programs
the work itself
$20
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $75 for programs
$31
Economic development
$26
Community engagement
$18
Neighborhood revitalization
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$25,300
Next Level Local Capital Campaign
$16,667
Meet Me at the Market
$5,000
MENTAL HEALTH EQUITY INCUBATION PROGRAM
$72,500
STORAGE UNIT PROJECT, NEWBO CITY MARKET 2025 OPERATIONAL SUPPORT, COMPREHENSIVE ENTREPRENEURSHIP EQUITY, GENERAL SUPPORT
$52,028
Showing up to 5 of 28 total records — full history available with membership.
Officers & Directors
DIRECTOR
Armitage Anne
DIRECTOR
Banta Tom
DIRECTOR
Bynoe Warren
DIRECTOR
Durin Peter
DIRECTOR
Hanna Kim
DIRECTOR
Jones Diana
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.5M | $1.1M | $4.1M |
| 2023 | $1.1M | $1.1M | $2.8M |
| 2022 | $1.4M | $1.2M | $2.9M |
| 2020 | $593K | $900K | $2.4M |
| 2019 | $828K | $1.2M | $2.5M |
Between 2019 and 2024, reported annual revenue grew from $828K to $2.5M (+201%), with total assets most recently reported at $4.1M.
Interactive year-over-year charts and full filing details available with membership.