Indigenous Creatives Collective

Analysis

Indigenous Creatives Collective is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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, Indigenous Creatives Collective reported income of $1.1m and spending of $383k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $324k to $1.1m (+231%), an average of +231% a year. The sharpest change came in the year to December 2023, when income rose by 231%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indigenous Creatives Collective sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Cherry Creek Schools Foundation ($1.1m), Columbus Community Clinical Oncology Program ($1.1m) and East Texas Veterans Community Council ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $73k (19% of expenses). Other salaries and wages came to $38k. At year end it held assets of $2.9m against liabilities of $1.9m, net assets of $974k. It reported 2 employees.