ANNA K MEREDITH ENDOWMENT TRUST

EIN: 421180480 501(c)(3) Arts, Culture & Humanities

DES MOINES, IA

Total Revenue
$5,700,960
Total Expenses
$2,979,335
Total Assets
$59,330,077
Net Assets
$59,330,077
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
IA
Principal Officer
BANKERS TRUST
Phone
5152452800
Tax Period
2025-01-01 to 2025-12-31

ANNA K MEREDITH ENDOWMENT TRUST, founded in 1981, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.7M in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 48% operating margin.

Mission

FUNDING FOR EDMUNDSON ART FOUNDATION

Program Service Accomplishments

Program 1
Expenses: $2,470,854

ANNA K. MEREDITH DIED OCTOBER 4, 1981. UNDER THE TERMS OF HER WILL, 50,000 SHARES OF MEREDITH CORPORATION STOCK WERE DISTRIBUTED TO ANNA K. MEREDITH ENDOWMENT TRUST. ALL THE INCOME OF THE TRUST IS...

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ANNA K. MEREDITH DIED OCTOBER 4, 1981. UNDER THE TERMS OF HER WILL, 50,000 SHARES OF MEREDITH CORPORATION STOCK WERE DISTRIBUTED TO ANNA K. MEREDITH ENDOWMENT TRUST. ALL THE INCOME OF THE TRUST IS PAID TO THE EDMUNDSON ART FOUNDATION, INC. OF DES MOINES, IOWA, AN ORGANIZATION WHICH IS DESCRIBED IN CODE SECTION 501(C)(3). THE EDMUNDSON ART FOUNDATION RECEIVED $2,470,854 DURING THE TAX YEAR FROM THE ANNA K. MEREDITH ENDOWMENT TRUST. THE EDMUNDSON ART FOUNDATION IS NOT RELATED TO THE TRUST CREATOR OR HER FAMILY. FUNDS DISBURSED TO THE EDMUNDSON ART FOUNDATION ARE TO BE USED AS THE FOUNDATION DEEMS BEST IN THE FURTHER ADVANCEMENT OF THE APPRECIATION OF ART.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $5,642,408
Other Revenue $58,552
TOTAL REVENUE $5,700,960

Expense Breakdown

Grants Paid $2,470,854
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,470,854
Other Expenses $508,481
TOTAL EXPENSES $2,979,335

Year-over-Year Comparison

2025 2024 Change
Revenue $5,700,960 $3,928,215 +0.5%
Expenses $2,979,335 $2,381,216 +0.3%
Net Income $2,721,625 $1,546,999 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG SHADUR TRUSTEE 1.00
Director
$0 $0 $0
DIANNA M MEREDITH FRAZIER TRUSTEE 1.00
Director
$0 $0 $0
JAMES W HUBBELL III TRUSTEE 1.00
Director
$0 $0 $0
ET MEREDITH IV ET MEREDITH IV PRESIDENT 1.00
Director
$0 $0 $0
N/A TRUSTEE 1.00
$502,686 $0 $502,686
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,700,960 $2,979,335 $59,330,077 $2,721,625
2024 $3,928,215 $2,381,216 $56,608,451 $1,546,999
2023 $1,583,863 $2,346,664 $55,061,452 $-762,801
2022 $2,487,379 $1,933,031 $55,824,249 $554,348
2021 $36,939,022 $1,400,679 $55,269,901 $35,538,343
2020 $1,232,783 $1,958,634 $19,731,558 $-725,851
2019 $2,691,252 $2,055,499 $20,457,409 $635,753
2018 $2,689,716 $2,075,315 $19,821,656 $614,401
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