Indigo Cultural Center

Analysis

Indigo Cultural Center is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2010, 16 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 June 2023, Indigo Cultural Center reported income of $822k and spending of $491k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $148k to $822k (+456%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 296%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indigo Cultural Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Friends of Flight 93 National Memorial Inc ($822k), Open Library Foundation ($822k) and Gala Choruses Inc ($822k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $318k (65% of expenses). Other salaries and wages came to $53k. At year end it held assets of $439k against liabilities of $434, net assets of $439k. It reported 3 employees.