American Ideas Institute

Analysis

American Ideas Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Ideas Institute reported income of $1.2m and spending of $2.4m, spending 205% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.2m (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Ideas Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Leonard Wood Institute Inc ($1.2m), 52nd Street Project Inc ($1.2m) and Podium Society Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Other salaries and wages came to $985k. At year end it held assets of $332k against liabilities of $25k, net assets of $306k. It reported 15 employees.