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Iowa · Nonprofit

HOYT SHERMAN PLACE FOUNDATION

HOYT SHERMAN PLACE FOUNDATION (Iowa) receives grants from 25 organizations whose IRS filings report $6,661,724 to it, the largest being COMMUNITY FDN OF GREATER DES MOINES F/K/A GREATER DES MOINES COMMUNITY FDN ($2,892,207). 18 of them have funded it in more than one year.

$6.1M
Revenue FY2025
25
Funders on record
$6.7M
Grants received
$56M
Net assets
18/25 repeat funderspeak grant-dependency 60%

Against its field

HOYT SHERMAN PLACE FOUNDATION has grown faster than half of the 2,883 arts & culture nonprofits its size.

Operating margin−3% · below the median
Months of reserve2.6mo · below the median
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 2,883 arts & culture nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($1.5M) Net assets 100 ($16M)2018 Revenue 82 ($1.7M) Expenses 109 ($1.6M) Net assets 101 ($17M)2019 Revenue 232 ($4.8M) Expenses 121 ($1.8M) Net assets 121 ($20M)2020 Revenue 129 ($2.7M) Expenses 126 ($1.9M) Net assets 125 ($21M)2021 Revenue 131 ($2.7M) Expenses 93 ($1.4M) Net assets 134 ($22M)2022 Revenue 208 ($4.3M) Expenses 316 ($4.8M) Net assets 131 ($21M)2023 Revenue 234 ($4.9M) Expenses 337 ($5.1M) Net assets 132 ($22M)2024 Revenue 313 ($6.5M) Expenses 428 ($6.5M) Net assets 339 ($55M)2025 Revenue 295 ($6.1M) Expenses 422 ($6.4M) Net assets 340 ($56M)
'17'18'19'20'21'22'23'24'25
Revenue (295)Expenses (422)Net assets (340)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

11% of HOYT SHERMAN PLACE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 5,374 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$572k
17
$68k
18
$3.0M
19
$782k
20
$1.3M
21
$442k
22
$221k
23
$43k
24
$214k
25
2.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 13 funders, grant income rose $610k → $747k.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF)44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Des Moines Women's Club). These are real filings, and they are not money HOYT SHERMAN PLACE FOUNDATION raised.

From the IRS filings of HOYT SHERMAN PLACE FOUNDATION’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

HOYT SHERMAN PLACE FOUNDATION leans on a few funders — its largest provides 43% of grant income and the top three 82%; half comes from just 2 funders.

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

86% 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 HOYT SHERMAN PLACE FOUNDATION.

43%
largest funder
82%
top three
~4
effective funders

Largest funder’s share by year: 2017 68% · 2018 33% · 2019 43% · 2020 74% · 2021 28% · 2022 31% · 2023 36%diversifying over time.

“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.

How long its funders stay

33% of HOYT SHERMAN PLACE FOUNDATION's funders are still giving 3 years after their first grant; 72% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of HOYT SHERMAN PLACE FOUNDATION's grant income comes from Iowa funders.

WI
NY
IA
NE

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

17
18
19
20
21
22
23
Iowa out of state home

Funder states come from each funder’s own filing. $2.9M arriving through sponsors registered in 5 states 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 25 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding HOYT SHERMAN PLACE FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $26k on record.

Federal$26k
grants $0contracts $26k
Top agencies
  • Department of Veterans Affairs$26k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HOYT SHERMAN PLACE FOUNDATION

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

In Iowa

Nationally

04Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 15%Fundraising 6%

Governance

24
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

64%

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

Footprint & structure

Part of a family of 1 related entity

  • Des Moines Women's Club · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOYT SHERMAN PLACE FOUNDATION: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOYT SHERMAN PLACE FOUNDATION?
HOYT SHERMAN PLACE FOUNDATION (Iowa) receives grants from 25 organizations whose IRS filings report $6,661,724 to it, the largest being COMMUNITY FDN OF GREATER DES MOINES F/K/A GREATER DES MOINES COMMUNITY FDN ($2,892,207). 18 of them have funded it in more than one year.
How many funders does HOYT SHERMAN PLACE FOUNDATION have?
IRS filings report 25 organizations giving $6,661,724 in grants to HOYT SHERMAN PLACE FOUNDATION, 18 of which have funded it in more than one year.
Who is the largest funder of HOYT SHERMAN PLACE FOUNDATION?
COMMUNITY FDN OF GREATER DES MOINES F/K/A GREATER DES MOINES COMMUNITY FDN is the largest funder on record, with $2,892,207 in grants. The full list of funders is on this page.
How can an organization like HOYT SHERMAN PLACE FOUNDATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 25funders 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 August 27, 2026. What this page cannot tell you · view filing