Indo-american Arts Council Inc is a 501(c)(3) organization based in New York, New York, registered in 1999, with $366,933 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$367K
▲ 21.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$703K
Net assets
$202K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Indo-american Arts Council Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Indo-american Arts Council Inc: 3 mo reserves · -92% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Indo-american Arts Council Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Indo-american Arts Council Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $440K (FY2009) to $367K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-91.7%
Spent more than it raised in the latest fiscal year.
Total assets
$211K
Total liabilities
$9,500
Net assets
$202K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $366,933▲21.1% | $703,414▲12.6% | $201,517▲30.9% | $211,017▲29.1% | 990 |
| 2023 | $303,111▼61.5% | $624,512▼30.1% | $153,967▲115% | $163,467▲128% | 990 |
| 2022 | $787,241▲18.6% | $893,080▲286% | $71,724▼59.6% | $71,724▼59.6% | 990 |
| 2021 | $663,718▲330% | $231,265▲100% | $177,563▲170% | $177,563▲239% | 990 |
| 2020 | $154,244▲77.5% | $115,376▼21.8% | -$254,888▲13.2% | $52,414▲1959% | 990 |
| 2019 | $86,897▼63.8% | $147,629▼42.3% | -$293,756▼26.1% | $2,546▼72.1% | 990 |
| 2018 | $239,834▼11.8% | $255,941▼24.3% | -$233,027▼27.7% | $9,134▼89.2% | 990 |
| 2016 | $271,824▲8.9% | $338,026▲3.2% | -$182,458▼46.3% | $84,652▲272% | 990 |
| 2014 | $249,700▼29.4% | $327,564▼6.8% | -$124,741▼166% | $22,747▼41.7% | 990 |
| 2013 | $353,741 | $351,639 | -$46,876 | $39,041 | 990 |
| 2012 | $0 | — | $0▲100% | $0▼100% | 990EZ |
| 2011 | — | $361,907▼42.3% | -$89,278▲30.7% | $6,808▼79.8% | 990 |
| 2010 | — | $627,310▲53.6% | -$128,870▼81.3% | $33,760▲79.0% | 990 |
| 2009 | $440,134 | $408,521 | -$71,064 | $18,864 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Indo-american Arts Council Inc totaling $133K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $26,074 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $21,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $10,000 |
| National Philanthropic Tr | Public, societal benefit | 2017 | $10,000 |
| Raymond James Charitable Endowment Fund | General use | 2017 | $5,000 |
| National Philanthropic Tr | Culture & arts | 2016 | $10,000 |
| National Philanthropic Tr | Culture & arts | 2015 | $10,000 |
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Data for Indo-american Arts Council Inc (EIN 13-4015646) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.