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Iowa · Nonprofit

ARENACO

ARENACO (Iowa) receives grants from 6 organizations whose IRS filings report $2,786,500 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($1,025,000). 3 of them have funded it in more than one year.

Revenue FY2025
$5.9M
Funders on record
6
Grants received
$2.8M
Net assets
$19M
3/6 repeat fundersgrants exceed reported revenue in one year
01What it does

What Arenaco does

Mission

To support and operate for the benefit of the city of coralville, iowa; to lessen the burdens imposed upon the governments of the city of coralville through the corporation's programs and activities; to promote economic development and growth within the city of coralville; and to promote the social welfare of the residents of the city of coralville

As stated on its FY2025 Form 990.

Program

  1. Operation of the xtreamarena powered by mediacom, greenstate family fieldhouse and the rink at coral ridge. The 5,100 fixed seat xtream arena (6,600 concert capacity) serves as host home for university of iowa volleyball and the iowa heartlanders echl hockey tenant. The 30,000 sq. Ft 5-court fieldhouse enables this community to become a signature attractor of both amateur and professional sporting events. Since 1998, the rink at coral ridge has given guests of all ages the chance to experience a variety of on-ice activities. Over 100 events were held at the arena and fieldhouse during the year for combined usage of over 175 days. The ice rink is open daily for public skating admissions.

    $5,561,098 spent$3,124,572 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $5,561,098.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($60k) Expenses 100 ($12k) Net assets 100 ($48k)2019 Revenue 40434 ($24M) Expenses 1325 ($158k) Net assets 50286 ($24M)2020 Revenue 927 ($554k) Expenses 6291 ($750k) Net assets 49876 ($24M)2021 Revenue 27110 ($16M) Expenses 54215 ($6.5M) Net assets 90382 ($43M)2022 Revenue 7086 ($4.2M) Expenses 71555 ($8.5M) Net assets 81391 ($39M)2023 Revenue 6677 ($4.0M) Expenses 51754 ($6.2M) Net assets 46814 ($22M)2024 Revenue 6924 ($4.1M) Expenses 48656 ($5.8M) Net assets 43331 ($21M)2025 Revenue 9916 ($5.9M) Expenses 62873 ($7.5M) Net assets 40041 ($19M)
'18'19'20'21'22'23'24'25
Revenue (9916)Expenses (62873)Net assets (40041)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $48k to $38M (+79975%).

$48k
$38M
$46M
$72M
$69M
$67M
$75M
$72M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 91% · 2020 38% · 2021 88% · 2022 38% · 2023 8% · 2024 7% · 2025 35%. Grants only. Government contracts and fees sit inside program revenue.

47% of ARENACO’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 2,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$48k
’18
$24M
’19
−$196k
’20
$9.7M
’21
−$4.3M
’22
−$2.2M
’23
−$1.7M
’24
−$1.6M
’25
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2019202020212022202320242025
Listed7777777
Joined·+0+0+1+0+0+0
No longer listed·001000
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 2 funders, grant income fell $1.1M → $103k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ARENACO’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ARENACO leans on a few funders — its largest provides 37% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ARENACO.

37%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2018 95% · 2019 95% · 2020 80% · 2021 80% · 2022 80% · 2023 97% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ARENACO's grant income comes from Iowa funders.

IA

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ARENACO has grown faster than three-quarters of the 1,623 recreation & sports nonprofits its size.

Operating margin−27% · bottom quartile
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)93% · top quartile

this organization peer median middle 50% of peers· 1,623 recreation & sports nonprofits $1M–$10M, FY2025

Organizations like ARENACO

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for ARENACO: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARENACO?
ARENACO (Iowa) receives grants from 6 organizations whose IRS filings report $2,786,500 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($1,025,000). 3 of them have funded it in more than one year.
How many funders does ARENACO have?
IRS filings report 6 organizations giving $2,786,500 in grants to ARENACO, 3 of which have funded it in more than one year.
Who is the largest funder of ARENACO?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $1,025,000 in grants. The full list of funders is on this page.
How can an organization like ARENACO find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Arenaco →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing