Indigo Arts Alliance

Analysis

Indigo Arts Alliance is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 2019, 7 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, Indigo Arts Alliance reported income of $1.3m and spending of $965k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $543k to $1.3m (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 305%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indigo Arts Alliance sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Texas Art Education Inc ($1.3m), Schiele Museum of Natural History and Planetarium Inc ($1.3m) and Mars Hill Broadcasting Co Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $100k (10% of expenses). Other salaries and wages came to $251k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 4 employees.