Amistad Research Center

Analysis

Amistad Research Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1989, 37 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 2022, Amistad Research Center reported income of $1.0m and spending of $1.3m, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $750k to $1.0m (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amistad Research Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Four Freedoms Park Conservancy Inc ($1.0m), Umiyadham Inc ($1.0m) and Bakersfield Art Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $149k (12% of expenses). Other salaries and wages came to $487k. At year end it held assets of $5.6m against liabilities of $20k, net assets of $5.6m. It reported 21 employees.