Institute of American Indian Arts Trust

Analysis

Institute of American Indian Arts Trust is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Institute of American Indian Arts Trust reported income of $6.4m and spending of $399k, leaving 94% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $941k to $6.4m (+577%), an average of +61% a year. The sharpest change came in the year to September 2021, when income rose by 376%. Over the whole period it spent 6.2% 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 Arts Trust sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include Citizens Leadership Academy ($6.4m), Young Womens College Prep Charter School of Rochester ($6.4m) and South Carolina School Boards Association ($6.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $36.4m against liabilities of $773k, net assets of $35.6m.