The Narbha Institute
Analysis
The Narbha Institute is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in March 1968, 58 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 September 2023, The Narbha Institute reported income of $16.5m and spending of $17.3m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.4m to $16.5m (+96%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 89%. Over the whole period it spent 95% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Narbha Institute sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Florida West Coast Public Broadcasting Inc ($16.4m), Cedars Youth Services Inc ($16.5m) and Marcus Center for the Performing Arts Inc ($16.4m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.4m (8.0% of expenses). Other salaries and wages came to $718k. At year end it held assets of $74.5m against liabilities of $5.6m, net assets of $68.8m. It reported 14 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 83%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida West Coast Public Broadcasting Inc | Tampa | $16.4m |
| Cedars Youth Services Inc | Lincoln | $16.5m |
| Marcus Center for the Performing Arts Inc | Milwaukee | $16.4m |
| South Florida PBS Inc | Boynton Beach | $16.6m |