Institute Of American Indian Arts Foundation
EIN: 320377684 · Santa Fe, NM
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $5.9M |
| Net Assets | $1.6M |
Is Institute Of American Indian Arts Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of American Indian Arts Foundation
Institute Of American Indian Arts Foundation (EIN: 320377684) is a nonprofit organization based in Santa Fe, NM. The organization reported total revenue of $2.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of American Indian Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of American Indian Arts Foundation is a mid-size nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.9M |
| Surplus / Deficit | +$238K |
| Total Assets | $2.1M |
| Total Liabilities | $465K |
| Net Assets | $1.6M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 22.4% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Institute Of American Indian Arts Foundation reported a surplus of $238K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 22.4% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Institute Of American Indian Arts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.8% | +34.7% | +38.7% |
| 2022 | +12.8% | +14.5% | +108.9% |
| 2021 | +355.3% | +310.2% | +103.0% |
| 2020 | -33.1% | -28.5% | -40.3% |
| 2019 | -14.7% | -18.2% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of American Indian Arts Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute Of American Indian Arts Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $238K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.4%.
Frequently Asked Questions about Institute Of American Indian Arts Foundation
Is Institute Of American Indian Arts Foundation a legitimate charity?
Institute Of American Indian Arts Foundation (EIN: 320377684) is a registered tax-exempt nonprofit based in New Mexico. It has 11 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: A.
How does Institute Of American Indian Arts Foundation spend its money?
Institute Of American Indian Arts Foundation reported $2.4M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute Of American Indian Arts Foundation tax-deductible?
Institute Of American Indian Arts Foundation is registered as a tax-exempt nonprofit (EIN: 320377684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of American Indian Arts Foundation located?
Institute Of American Indian Arts Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 320377684.
How many years of IRS 990 filings does Institute Of American Indian Arts Foundation have?
Institute Of American Indian Arts Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
Filing History
IRS 990 filing history for Institute Of American Indian Arts Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Institute Of American Indian Arts Foundation's revenue has grown by 435.8%, moving from $1.1M to $6.1M. Total assets increased by 718.3% over the same period, from $254K to $2.1M. Total functional expenses rose by 580.3%, from $866K to $5.9M. In its most recent filing year (2023), Institute Of American Indian Arts Foundation reported a surplus of $238K, with revenue exceeding expenses. The organization holds $465K in liabilities against $2.1M in assets (debt-to-asset ratio: 22.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.9M | $2.1M | $465K | — | View 990 |
| 2022 | $4.6M | $4.4M | $1.5M | $973K | — | View 990 |
| 2021 | $4.1M | $3.8M | $718K | $433K | — | View 990 |
| 2020 | $899K | $931K | $353K | $341K | — | — |
| 2019 | $1.3M | $1.3M | $592K | $547K | — | View 990 |
| 2018 | $1.6M | $1.6M | $449K | $445K | — | View 990 |
| 2017 | $1.8M | $1.8M | $464K | $444K | — | View 990 |
| 2016 | $871K | $872K | $356K | $338K | — | View 990 |
| 2015 | $1.0M | $1.0M | $191K | $172K | — | View 990 |
| 2014 | $2.0M | $2.2M | $330K | $310K | — | View 990 |
| 2013 | $1.1M | $866K | $254K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.9M, and assets of $2.1M (revenue +32.8% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.4M, and assets of $1.5M (revenue +12.8% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.8M, and assets of $718K (revenue +355.3% year-over-year).
- 2020: Revenue of $899K, expenses of $931K, and assets of $353K (revenue -33.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $592K (revenue -14.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $449K (revenue -13.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $464K (revenue +109.9% year-over-year).
- 2016: Revenue of $871K, expenses of $872K, and assets of $356K (revenue -13.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $191K (revenue -49.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.2M, and assets of $330K (revenue +75.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $866K, and assets of $254K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of American Indian Arts Foundation:
Data Sources and Methodology
This transparency report for Institute Of American Indian Arts Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.