Skip to the page content
Your donations
Passes our checks

Asante Art Institute of Indianapolis Inc

EIN 35-2203194 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair56 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ASANTE ART INSTITUTE IS AN ORGANIZTION THAT USES THE TRADITIONS OF

Income
$297,818
Spending
$444,337
Spent on programs
54%
Reserves
8.1 months of spending
Largest source of income
donations and private grants, 64%
Employees
4
Volunteers
6
Highest pay
$25,000, director

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: 56 out of 100. Higher than 25% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.1 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 49% of income.

  • Income trend

    0 of 15

    Income fell 58% on the year before.

  • Spending floor

    8 of 15

    54% of spending went to programs and raising each dollar of donations cost 3 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

Strong: 91 out of 100. Higher than 79% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (3)
  1. $77,425 spent. PREP4LIFE-IS A CUSTOMIZABLE CURRICULUM DESIGNED TO INTRODUCE YOUNG ARTISTS 6-12 TO THE WORLD OF PERFORMANCE ART SUCH AS ACTING, SINGING MOVEMENT TO MUSIC AND STORYTELLING, THEY LEARN THE FUNDEMENTALS AND BUILD COMPETENCE AND CONFIDENCE. THEY WORK IN GROUPS AND LEARN HOW TO RESPECT THEMSELVES, THEIR FAMILY AND COMMUNITY. THEY DELEVOP THE NECESSARY SKILLS TO HELP THEM SUCCEED IN SCHOOL AND AT HOME. P4L IS A YEAR LONG INITIATEIVE. DURING THE IN SCHOOL MONTHS WE SERVE ABOUT 150 YOUTHS WHO MET FOR 2 HOURS A WEEK OVER THE COURSE OF 8-12 WKS AT THE END OF THE COURSE, THEY HAVE THE OPPORTUNITY TO DEMONSTRATE TO THEMSELVES AND OTHERS WHAT SKILLS THEY HAVE MASTERED
  2. $54,883 spent. PREP UPPER CLASS IS A CUSTOMABLE CIRRCULUM DESIGNED FOR YOUTH 12-18. IT INCORPORATES STORYTELLING, ACTING AND CONTENT CREATION IS A PRACTICAL AND HANDS ON SETTING. THE FOCUS IS ON WRITING, CREATING AND PERFORMANCES. CLASS SIZE IS 15 TO ALLOW FOR 1 ON 1 COACHING. STUDENTS ATTEND CLASS TWICE FOR 2HRS ACROSS 8-12 WEEKS
  3. $34,921 spent. SEEDS OF FREEDOM IS NOT JUST A PERFORMANCE PIECE, IT IS A PROFOUND JOUNRY THROUGH HISTORY. A CREATIVE EXPLORATION OF HOW BELIEF AND CONVICTION CAN CHANGE THE COURSE OF A NATION. THE PRODUCTION FEATURES SPOKEN WORD, DANCE, CALL AND RESPONSE AND MUSIC. SUCH AN ARTISTIC RETELLING OF AMERICAN HISTORY IS AN INVITATION FOR REFLECTION AND A PERSONAL RESPONSE TO THE CALL FOR UNITY IN HELPING THIS COUNTRY KEEP ITS PROMISE TO ITS PEOPLE OF LIBERTY & JUSTICE FOR ALL

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

  1. 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 October 13, 2026.

  2. 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 October 13, 2026.

  3. 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 October 13, 2026.

  4. 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 October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 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.