Collective Heritage Institute

Analysis

Collective Heritage Institute is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover social science, 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 March 2023, Collective Heritage Institute reported income of $3.3m and spending of $4.6m, spending 137% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $2.7m to $3.3m (+24%), an average of +7.4% a year. The sharpest change came in the year to March 2022, when income rose by 113%. 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, Collective Heritage Institute sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Flushing Council on Culture and the Arts Inc ($3.3m), American Friends of Covent Garden the Royal Opera the Royal Ballet ($3.4m) and Collage Dance Holding Company ($3.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $885k (19% of expenses). Other salaries and wages came to $950k. At year end it held assets of $3.0m against liabilities of $442k, net assets of $2.6m. It reported 20 employees.