Institute of American Indian & Alaska Native Culture & Arts

Analysis

Institute of American Indian & Alaska Native Culture & Arts is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Institute of American Indian & Alaska Native Culture & Arts reported income of $30.1m and spending of $24.3m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.4m to $30.1m (+56%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute of American Indian & Alaska Native Culture & Arts sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Tree of Knowledge Learning Academy Inc ($30.1m), Larchmont Schools ($30.2m) and The Frederick Gunn School Incorporated ($30.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $437k (1.8% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $95.3m against liabilities of $22.8m, net assets of $72.5m. It reported 424 employees.