Indiana Humanities Council Inc

Analysis

Indiana Humanities Council Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 October 2023, Indiana Humanities Council Inc reported income of $3.3m and spending of $2.7m, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.1m to $3.3m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to October 2021, when income rose by 48%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Humanities Council Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include New Jersey Vietnam Veterans Memorial Foundation Inc ($3.3m), Cancer Services of Allen County Inc ($3.3m) and Anesthesia Patient Safety Foundation ($3.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 89% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $251k (9.2% of expenses). Other salaries and wages came to $851k. At year end it held assets of $10.5m against liabilities of $258k, net assets of $10.2m. It reported 16 employees.