India Fine Arts Inc

Analysis

India Fine Arts Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2007, 19 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 September 2023, India Fine Arts Inc reported income of $170k and spending of $169k, spending 99% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $156k to $170k (+9.0%), an average of +9.0% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Fine Arts Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Black Theatre Network ($170k), Metropolitian Youth Symphony Orchestra Inc ($170k) and North Fork Breast Health Coalition Inc ($170k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 71% and program service revenue 12% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.