Institute For American Indian Studies
- Assets
- $3.6m
- Revenue
- $581.3k
- Investments
- $0.0
- Employees
- 24
- Location
- Washington, CT
- Founding
- 10/1971
- Data as of
- 12/2021
- EIN
- 23-7124597
Organization Overview
Institute For American Indian Studies is located in Washington, CT. The organization was established in 1971. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Institute For American Indian Studies employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For American Indian Studies is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Institute For American Indian Studies generated $581.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $701.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SHARE AND PROMOTE THE SPIRIT OF THE NORTHEAST'S FIRST PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE THE PUBLIC WITH AN UNDERSTANDING AND KNOWLEDGE OF AMERICAN INDIAN CULTURE THROUGH EDUCATIONAL PROGRAMS, MUSEUM EXHIBITS, AND ARCHAEOLOGICAL RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Swift Chairwoman | OfficerTrustee | $0 | |
Loen Brown Secretary | OfficerTrustee | $0 | |
Lynn Rosato Vice-Chair | OfficerTrustee | $0 | |
Susan Payne Treasurer | OfficerTrustee | $0 | |
Sharon Clapp Board Member | Trustee | $0 | |
Michael Caporizzo Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,857 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,220 |
| Total Program Service Revenue | $143,342 |
| Investment income | $30,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $171,421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,662 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $380,170 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $33,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,918 |
| Fees for services: Other | $6,322 |
| Advertising and promotion | $1,111 |
| Office expenses | $18,909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,461 |
| Travel | $3,089 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,928 |
| Insurance | $30,982 |
| All other expenses | $25,659 |
| Total functional expenses | $701,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,857 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,642 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $594,071 |
| Investments—publicly traded securities | $3,029,971 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,649,541 |
| Accounts payable and accrued expenses | $4,208 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $142,420 |
| Total liabilities | $146,628 |
| Net assets without donor restrictions | $1,854,413 |
| Net assets with donor restrictions | $1,648,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,649,541 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Institute For American Indian Studies has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Konstantin Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $200 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
The Maritime Aquarium At Norwalk Inc South Norwalk, CT | $19,089,489 | $11,308,442 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |