American Indian Center Inc
Analysis
American Indian Center Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2024, 2 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 June 2021, American Indian Center Inc reported income of $511k and spending of $609k, spending 119% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income grew from $511k to $511k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 104% 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 Indian Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include American Festival Chorus and Orchestra ($511k), Yolo County Arts Council Inc ($511k) and Dracut Access Television Inc ($511k).
On its Form 990 for the period ending June 2021, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $211k. At year end it held assets of $1.6m against liabilities of $50k, net assets of $1.6m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.3%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Festival Chorus and Orchestra | Logan | $511k |
| Yolo County Arts Council Inc | Woodland | $511k |
| Dracut Access Television Inc | Dracut | $511k |
| Community Theatre League Inc | Williamsport | $512k |