Thunderbird Foundation for the Arts

Analysis

Thunderbird Foundation for the Arts is a registered charity in United States, based in Mount Carmel, UT. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Thunderbird Foundation for the Arts reported income of $100k and spending of $91k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $100k (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 151%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thunderbird Foundation for the Arts sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within UT. Charities of a similar size with the same main cause include 1901 Church ($100k), Seward County Historical Society ($100k) and Impact Guild Inc ($100k).

At year end it held assets of $660k against liabilities of $147k, net assets of $513k.