Eiteljorg Museum of American Indians and Western Art Inc

Analysis

Eiteljorg Museum of American Indians and Western Art Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1985, 41 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, Eiteljorg Museum of American Indians and Western Art Inc reported income of $11.5m and spending of $10.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $11.5m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eiteljorg Museum of American Indians and Western Art Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Kansas City Ballet Association ($11.5m), McNay Art Museum ($11.5m) and Alaska Center for the Performing Arts Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $720k (6.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $87.9m against liabilities of $21.6m, net assets of $66.2m. It reported 74 employees.