Field Institute of Taos

Analysis

Field Institute of Taos is a registered charity in United States, based in El Prado, NM. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Field Institute of Taos reported income of $465k and spending of $528k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $465k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Field Institute of Taos sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include Little League Baseball Inc ($465k), Winooski Valley Park District ($466k) and Spokane Lilac Festival Association Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Other salaries and wages came to $337k. At year end it held assets of $642k against liabilities of $9,094, net assets of $633k. It reported 40 employees.