Indo-American Arts Council Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 19% of its spending went to programs.
- Raising each dollar of donations cost 147 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
PROMOTING AND BUILDING THE AWARENESS, CREATION, PRODUCTION, EXHIBITION,PUBLICATION AND PERFORMANCE OF INDIAN AND CROSS CULTURAL ART FORMS IN NORTH AMERICA.
- Income
- $366,933
- Spending
- $703,414
- Spent on programs
- 19%
- Reserves
- 3.4 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 0
- Volunteers
- 30
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 23% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.4 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 92% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
0 of 1519% of spending went to programs and raising each dollar of donations cost 147 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 64% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $130,288 spent. IAAC HAS WORKED TO CREATE A BILATERAL DIALOGUE WITH ARTISTS OF ALL DISCIPLINES BETWEEN THE UNITED STATES AND INDIA. BY ORGANIZING A WIDE RANGE OF PERFORMING, VISUAL AND LITERARY ARTS EVENTS, WE HAVE CREATED A HEIGHTENED AWARENESS OF THE IMPORTANT WORK CREATED BY CONTEMPORARY INDIAN ARTISTS AMONG A DIVERSE RANGE OF AMERICAN AUDIENCES. THE IAAC SUPPORTS AND SHOWCASES ALL ARTISTIC DISCIPLINES IN THE CLASSICAL, FUSION, FOLK AND INNOVATIVE FORMS INFLUENCED BY THE ARTS OF INDIA. WE WORK COOPERATIVELY WITH COLLEAGUES AROUND THE UNITED STATES TO BROADEN OUR COLLECTIVE AUDIENCES AND TO CREATE A NETWORK FOR SHARED INFORMATION AND RESOURCES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.