Nonprofit · EIN 32-0377684
INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION
Tax-exempt · SANTA FE, NM 87508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,202,051 | $2,188,573 | $13,478 | $2,486,896 | $1,011,800 | $1,475,096 |
| September 30, 2024 | 990 | $2,278,972 | $2,432,455 | -$153,483 | $2,222,049 | $760,431 | $1,461,618 |
| September 30, 2023 | 990 | $6,128,636 | $5,891,135 | $237,501 | $2,080,077 | $464,976 | $1,615,101 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,287,033
- Program service revenue
- $0
- Investment income
- $3,345
- Net income from fundraising events
- -$88,327
- Other revenue
- -$88,327
Expenses
- Grants and similar amounts paid
- $2,041,706
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $27,646
- Travel
- $906
- Program services (functional)
- $2,041,706
- Management and general (functional)
- $101,355
- Fundraising (functional)
- $45,512
Balance sheet and other
- Total assets, start of year
- $2,222,049
- Total assets, end of year
- $2,486,896
- Total liabilities, end of year
- $1,011,800
- Net assets, end of year
- $1,475,096
- Net assets without donor restrictions
- $1,475,096
- Gross receipts
- $2,469,803
- Employees
- 0
- Volunteers
- 60
- Year formed
- 2010
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZETTE SHERMAN | EXECUTIVE DIRECTOR THROUGH 3425 Officer | 40 | $0 | $101,539 |
| PAUL HULTIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GAIL SHAWE BERNSTEIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NICHOLAS CARLOZZI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JILL COOPER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID YOUNG | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHERYL DEMMERT FAIRBANKS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CONNIE TSOSIE GAUSSOIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ELLEN BOOZER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MONTE YELLOW BIRD Jr | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER IVES | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LORRAINE GALA LEWIS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL PETTIT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EDWARD GALE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KARA CLEM | EXECUTIVE DIRECTOR Officer | 40 | $0 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZETTE SHERMAN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $99,459 |
| ELLEN BOOZER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LORRAINE GALA LEWIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICHAEL PETTIT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EDWARD GALE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MONTE YELLOW BIRD Jr | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHERYL DEMMERT FAIRBANKS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER IVES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK BAHTI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID RETTIG | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GAIL SHAWE BERNSTEIN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| STOCKTON COLT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CONNIE TSOSIE GAUSSOIN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LEA ANN KNIGHT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZETTE SHERMAN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $97,817 |
| JANE FRANK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CONNIE TSOSIE GAUSSOIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LORRAINE GALA LEWIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EDWARD GALE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MONTE YELLOW BIRD Jr | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICHAEL PETTIT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHERYL DEMMERT FAIRBANKS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK BAHTI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEAN MCINTOSH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID RETTIG | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER IVES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STOCKTON COLT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| GAIL SHAWE BERNSTEIN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LEA ANN KNIGHT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 83 A VAN NU PO, SANTA FE, NM 87508-1300
- In care of
- % MICHAEL PETTIT
- Mailing address (990-N for 2012)
- 83 Avan Nu Po Road, Santa Fe NM 87508
- Principal officer (990 for 2024)
- KARA CLEM, 83 AVAN NU PO ROAD, SANTA FE, NM 87508
- Principal officer (990-N for 2012)
- Mark Bahti, 83 Avan Nu Po Road, Santa Fe NM 87508
- Signed the 990
- MICHAEL PETTIT, CHAIR
- Phone
- (505) 424-5730
- Return prepared by
- Jaramillo Accounting Group LLC
Mission
TO SUPPORT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE INSTITUTE OF AMERICAN AND ALASKA NATIVE CULTURE AND ARTS DEVELOPMENT, ALSO KNOWN AS INSTITUTE OF AMERICAN INDIAN ARTS.
Program accomplishments
- PROVIDE SUPPORT FOR THE INSTITUTE OF AMERICAN INDIAN AND ALASKA NATIVE CULTURE AND ARTS DEVELOPMENT, ALSO KNOWN AS INSTITUTE OF AMERICAN INDIAN ARTS.Expenses $2,041,706 · grants $2,041,706
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 32-0377684
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,486,896
- Income (IRS master file)
- $2,469,803
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,202,051 | $2,188,573 | $2,486,896 | XML |
| 990 | September 2024 | $2,278,972 | $2,432,455 | $2,222,049 | XML |
| 990 | September 2023 | $6,128,636 | $5,891,135 | $2,080,077 | XML |
| 990 | September 2022 | $4,615,471 | $4,373,565 | $1,499,180 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Mark Bahti | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0377684).
Questions about INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION
- What is the EIN of INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION?
- The employer identification number (EIN) of INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION is 32-0377684.
- Is INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION?
- The 990 for the year ended September 30, 2025 names KARA CLEM.
- Who are the officers and directors of INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE OF AMERICAN INDIAN ARTS FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,202,051, expenses of $2,188,573 and total assets of $2,486,896 at year end.
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