Indiana Heritage Arts Inc

Analysis

Indiana Heritage Arts Inc is a registered charity in United States, based in Nashville, IN. It received its IRS tax-exemption ruling in May 1982, 44 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, Indiana Heritage Arts Inc reported income of $106k and spending of $126k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $106k (-15%), an average of -15% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Heritage Arts Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Rise Up Community Arts Inc ($106k), Southern Oklahoma Community Arts Inc ($106k) and South Portland Historical Society ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 60% of the total. At year end it held assets of $194k against liabilities of $216, net assets of $194k.