Southwestern Association for Indian Arts Inc

Analysis

Southwestern Association for Indian Arts Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 1971, 55 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, Southwestern Association for Indian Arts Inc reported income of $1.3m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwestern Association for Indian Arts Inc 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 82nd percentile within NM. Charities of a similar size with the same main cause include Geeks Without Frontiers ($1.3m), Pensacola Opera Inc ($1.3m) and Museum Kampa- the Jan and Meda Mladek Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $110k (7.5% of expenses). Other salaries and wages came to $262k. At year end it held assets of $430k against liabilities of $271k, net assets of $160k. It reported 32 employees.