Institute for American Indian Studies

Analysis

Institute for American Indian Studies is a registered charity in United States, based in Washington, CT. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for American Indian Studies reported income of $567k and spending of $743k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $567k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 156% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for American Indian Studies sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include West Windsor Arts Council Inc ($567k), Foundation for Anthropological Research and Environmental Studies ($567k) and Mansfield Cable Access Corp ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 35% of the total. Other salaries and wages came to $430k. At year end it held assets of $2.8m against liabilities of $216k, net assets of $2.6m. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.