Kayenta Arts Foundation
Analysis
Kayenta Arts Foundation is a registered charity in United States, based in Ivins, UT. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2023, Kayenta Arts Foundation reported income of $734k and spending of $991k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $734k (-46%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 53%. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kayenta Arts Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include Wormfarm Institute Incorporated ($734k), Lancaster Symphony Orchestra ($734k) and Santa Cruz Valley Art Association Inc ($734k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $371k. At year end it held assets of $1.9m against liabilities of $13k, net assets of $1.9m. It reported 25 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 57%
- Program services 43%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wormfarm Institute Incorporated | Reedsburg | $734k |
| Lancaster Symphony Orchestra | Lancaster | $734k |
| Santa Cruz Valley Art Association Inc | Tubac | $734k |
| Smack Mellon Studios Inc | Brooklyn | $734k |