Indus Arts Council

Analysis

Indus Arts Council is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2014, 12 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, Indus Arts Council reported income of $64k and spending of $63k, spending 99% of its income. Across the 3 years on record, from December 2018 to December 2023, income fell from $253k to $64k (-75%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indus Arts Council sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Ancestral Wisdom Bridge Foundation ($64k), Nuestras Raices ($64k) and Birmingham Black Radio Museum ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $6,308 against liabilities of $5,068, net assets of $1,240.