Civic Intelligence

Southwestern Association for Indian Arts Inc

EIN 85-0212504 • 501(c)3 • Santa Fe, NM

Profile

Bringing native arts to the world by inspiring artistic excellence, fostering education, and creating meaningful partnerships.

PO Box 969Santa Fe, NM 87504-0969

www.swaia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.55x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$110,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

5.0%

Faster asset growth than 56% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

23%

Faster revenue growth than 64% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$451,959

Up $21,543 (+5.0%) from 2023

Liabilities

Down

$248,108

Down $22,456 (-8.3%) from 2023

Net Assets

Up

$203,851

Up $43,999 (+28%) from 2023

Revenue

Up

$1,630,662

Up $309,458 (+23%) from 2023

Expenses

Up

$1,606,167

Up $138,005 (+9.4%) from 2023

Net Income

Up

$24,495

Up $171,453 (+117%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $548,705Liabilities 2010: $37,691Net Assets 2010: $511,0142010Assets 2011: $380,920Liabilities 2011: $39,739Net Assets 2011: $341,1812011Assets 2012: $480,613Liabilities 2012: $60,468Net Assets 2012: $420,1452012Assets 2013: $401,602Liabilities 2013: $38,761Net Assets 2013: $362,8412013Assets 2014: $477,705Liabilities 2014: $24,650Net Assets 2014: $453,0552014Assets 2015: $396,084Liabilities 2015: $39,814Net Assets 2015: $356,2702015Assets 2016: $488,006Liabilities 2016: $134,615Net Assets 2016: $353,3912016Assets 2017: $382,440Liabilities 2017: $117,411Net Assets 2017: $265,0292017Assets 2018: $470,805Liabilities 2018: $101,900Net Assets 2018: $368,9052018Assets 2019: $669,435Liabilities 2019: $74,098Net Assets 2019: $595,3372019Assets 2020: $557,615Liabilities 2020: $195,116Net Assets 2020: $362,4992020Assets 2021: $785,210Liabilities 2021: $141,200Net Assets 2021: $644,0102021Assets 2022: $616,442Liabilities 2022: $253,835Net Assets 2022: $362,6072022Assets 2023: $430,416Liabilities 2023: $270,564Net Assets 2023: $159,8522023Assets 2024: $451,959Liabilities 2024: $248,108Net Assets 2024: $203,8512024

Highlighted filing

2024

Assets$451,959
Liabilities$248,108
Net Assets$203,851

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,453,717Expenses 2010: $1,521,409Net Income 2010: -$67,6922010Revenue 2011: $1,243,202Expenses 2011: $1,414,623Net Income 2011: -$171,4212011Revenue 2012: $1,526,759Expenses 2012: $1,465,196Net Income 2012: $61,5632012Revenue 2013: $1,317,678Expenses 2013: $1,413,793Net Income 2013: -$96,1152013Revenue 2014: $1,328,007Expenses 2014: $1,245,334Net Income 2014: $82,6732014Revenue 2015: $1,175,759Expenses 2015: $1,266,609Net Income 2015: -$90,8502015Revenue 2016: $1,312,831Expenses 2016: $1,323,807Net Income 2016: -$10,9762016Revenue 2017: $1,098,741Expenses 2017: $1,203,584Net Income 2017: -$104,8432017Revenue 2018: $1,177,881Expenses 2018: $1,048,170Net Income 2018: $129,7112018Revenue 2019: $1,427,807Expenses 2019: $1,255,857Net Income 2019: $171,9502019Revenue 2020: $744,174Expenses 2020: $978,026Net Income 2020: -$233,8522020Revenue 2021: $1,802,877Expenses 2021: $1,521,366Net Income 2021: $281,5112021Revenue 2022: $1,480,066Expenses 2022: $1,712,827Net Income 2022: -$232,7612022Revenue 2023: $1,321,204Expenses 2023: $1,468,162Net Income 2023: -$146,9582023Revenue 2024: $1,630,662Expenses 2024: $1,606,167Net Income 2024: $24,4952024

Highlighted filing

2024

Revenue$1,630,662
Expenses$1,606,167
Net Income$24,495

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.25$0.20$1.63$1.61$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.27$0.16$1.32$1.47$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.25$0.36$1.48$1.71$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.14$0.64$1.80$1.52$0.28
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.20$0.36$0.74$0.98$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.07$0.60$1.43$1.26$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.10$0.37$1.18$1.05$0.13
2017Summary only. Only limited summary data is available for this year.$0.38$0.12$0.27$1.10$1.20$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.13$0.35$1.31$1.32$0.01
2015Summary only. Only limited summary data is available for this year.$0.40$0.04$0.36$1.18$1.27$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.45$1.33$1.25$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$1.32$1.41$0.10
2012Summary only. Only limited summary data is available for this year.$0.48$0.06$0.42$1.53$1.47$0.06
2011Summary only. Only limited summary data is available for this year.$0.38$0.04$0.34$1.24$1.41$0.17
2010Summary only. Only limited summary data is available for this year.$0.55$0.04$0.51$1.45$1.52$0.07
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,938,356
Mission and Program Overview

Mission

Bringing native arts to the world by inspiring artistic excellence, fostering education, and creating meaningful partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$368,366$311,690▼ $56,676
Cash and Non-Interest-Bearing Accounts$1$136,687▲ $136,686
Land, Buildings, and Equipment, Net$44,986$95,009▲ $50,023
Savings and Temporary Cash Investments$370,150$33,731▼ $336,419
Prepaid Expenses and Deferred Charges$1,707$22,056▲ $20,349
Accounts Receivable-$17,269-
Total Assets$785,210$616,442▼ $168,768
Liabilities
Accounts Payable and Accrued Expenses$132,397$229,089▲ $96,692
Other Liabilities$8,803$24,746▲ $15,943
Total Liabilities$141,200$253,835▲ $112,635
Net Assets / Fund Balance
Net Assets With Donor Restrictions$197,735$197,735→ $0
Net Assets Without Donor Restrictions$446,275$164,872▼ $281,403
Total Net Assets Fund Balance$644,010$362,607▼ $281,403
Total Liabilities and Net Assets / Fund Balance$785,210$616,442▼ $168,768

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$95,009$181,755$276,764

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$368,365-▼ $56,675-$311,690
2021$173,825$194,540▲ $2,556-$368,365
2020$173,825-▲ $54,482-$173,825
2019$173,825-▲ $17,624-$173,825
2018$173,825-▲ $16,481-$173,825
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jamie SchulzeExecutive DiFT$75,000$75,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$992,329
Program Service Revenue
$596,735
Investment Income
$0
Other Revenue
$-108,998
All Other Contributions
$354,519
Change in Net Assets
$-232,761

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art83$42,158Fair Market Value
Total Noncash Contributions83$42,158-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,271,343
Salaries, Compensation, and Employee Benefits$441,484
Total Fundraising Expense$103,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$303,979$51,914$20,287$376,180
Other Salaries and Wages$104,220$208,043$4,404$316,667
Information Technology$129,492$84,286-$213,778
Current Officers, Directors, Trustees, and Key Employees$55,000$15,000$5,000$75,000
All Other Expenses$16,420$38,687$4,057$59,164
Office Expenses$23,054$26,928$2,464$52,446
Occupancy$21,411$30,183-$51,594
Travel$46,037$364$4,628$51,029
Payroll Taxes$16,418$19,291$974$36,683
Other Expenses$18,677$11,243$61,097$29,920
Insurance-$25,682-$25,682
Other Employee Benefits-$13,134-$13,134
Advertising$11,256$472$604$12,332
Depreciation Depletion$51--$51
Total Functional Expenses$1,058,899$550,413$103,515$1,712,827
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$398,338
Fundraising Gross Income$279,352
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$451,241$240,366$148,030$92,336
Winter Indian M$58,986$38,986$4,240$34,746
Total Events$510,227$279,352$398,338$-118,986
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$24,746
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The draft of irs form 990 is reviewed by the staff and executive committee of the board of directors. Any changes are made by the tax preparation firm and the final draft is reviewed by the full board and approved during the business portion of the meeting.

Form 990, Page 6, Part VI, Line 12C

The governance committee revisits the policy with the board annually and the policy is provided in the board orientation for all new members. Key contractors and staff are notified in their contract/employee policy upon hire/contract-signing and verbally reminded if need or concern arises. Responsibility for review of conflicts rests with the directors for staff, contractors, and volunteers who are not board members, and with board of directors and board members. Should a conflict arise, the individual with such conflict will not be allowed to vote on the transaction involved.

Form 990, Page 6, Part VI, Line 15A

Executive director compensation, as well as compensation for the managment level immediately below the director position, are reviewed using comparative local pay data for like positions. A competitive compensation package is then decided upon, and the package presented to the executive committee of the board and voted upon.

Form 990, Page 6, Part VI, Line 19

Available upon written request.

Filing and Contact Details

Filer

Filer Name
Southwestern Association for Indian
EIN
85-0212504
Phone
5059835220
Address
PO BOX 969, SANTA FE, NM 87504-0969

Signing Officer

Name
Jamie Schulze
Title
Executive Director
Phone
5059835220
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Schulze
Legal Domicile
Nm
Voting Board Members
10
Independent Board Members
10
Employees
38
Volunteers
175

Preparer

Firm
Michael L Moore CPA LLC
Address
PO BOX 67731, ALBUQUERQUE, NM 87193-7731
Preparer
Michael L Moore
Phone
5053229090
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Swaia fellowship and awards programs help native artists to refine and promote excellence in their art while also promoting native cultural beliefs that influence their work. The awards program grants ribbons and cash prizes in over 100 categories of art, with the "best of show" prize being highly coveted and instrumental in forwarding careers of receipients. In 2022, more than 1100 artist entries were received for the competition with nearly 100,000 in award monies. The fellowship award program gives small grants to seven adults and two youth native artists who have been selected through an application and jury process. The fellowship award recipients also receive educational opportunities to study with established swaia artists, promotion in swaia ads, magazine articles and press stories, and special honoring ceremonies.

Form 990, Part IX, Line 11G

303,979 51,914 20,287

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

1. Messengers of healing winds foundation endowment 2. William randolph hearst foundation fellowship endowment 3. Helen naha memorial award funds 4. Peter dechert indian arts award fund 5. John moore's endowment

Schedule D, Page 3, Part X

Accounting standards prescribe a comprehensive model for how an organization should measure, recognize, present and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. Management has determined that there are no material uncertain income tax positions.

Raw XML AppendixShowing 400 of 526 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0SWAIA FELLOWSHIP AND AWARDS PROGRAMS HELP NATIVE ARTISTS TO REFINE AND PROMOTE EXCELLENCE IN THEIR ART WHILE ALSO PROMOTING NATIVE CULTURAL BELIEFS THAT INFLUENCE THEIR WORK. THE AWARDS PROGRAM GRANTS RIBBONS AND CASH PRIZES IN OVER 100 CATEGORIES OF ART, WITH THE "BEST OF SHOW" PRIZE BEING HIGHLY COVETED AND INSTRUMENTAL IN FORWARDING CAREERS OF RECEIPIENTS. IN 2022, MORE THAN 1100 ARTIST ENTRIES WERE RECEIVED FOR THE COMPETITION WITH NEARLY 100,000 IN AWARD MONIES. THE FELLOWSHIP AWARD PROGRAM GIVES SMALL GRANTS TO SEVEN ADULTS AND TWO YOUTH NATIVE ARTISTS WHO HAVE BEEN SELECTED THROUGH AN APPLICATION AND JURY PROCESS. THE FELLOWSHIP AWARD RECIPIENTS ALSO RECEIVE EDUCATIONAL OPPORTUNITIES TO STUDY WITH ESTABLISHED SWAIA ARTISTS, PROMOTION IN SWAIA ADS, MAGAZINE ARTICLES AND PRESS STORIES, AND SPECIAL HONORING CEREMONIES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING STANDARDS PRESCRIBE A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS.
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