Nonprofit screen
Screen a listAsian Arts Initiative
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.6Mrevenue
FY2025 · −49% in 3 yrs22staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−60.3%
Months of reserve1.0mo
Revenue growth (annualized)+3.1%
Middle half of peersMedianAsian Arts Initiative
Where the money goes FY2025 · $2.6M spent
Programs$1.8M68%Management and general$626k24%Fundraising$221k8%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$295k in FY2023, −$608k in FY2024 and −$993k in FY2025. Cash covers 1.0 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 7 of its 9 returns, 5% of revenue in FY2025. $591k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending46funders
$1.7Ma year, last 3 years
27%from its largest funder
Funder’17’18’19’20’21’22’23The Andrew W Mellon FoundationOn and off$300k$350k$150k$900kThe Ford FoundationSince FY2018$100k$100k$100k$450k$353k$150kThe University of the ArtsSince FY2018$324k$36k$129k$10k$382k$6kThe William Penn FoundationOn and off$200k$100k$300kIndependence Public Media of Philadelphia IncSince FY2021$75k$75k$75kSurdna Foundation IncStopped after FY2019$75k$75k$75k–Donor-advised giftsDonors not disclosed$48k$40k$58k$10k$100k$1.1M$230k27 other fundersUp to $100k a year each$56k$128k$42k$125k$107k$122k$178k
FundedThrough a donor-advised fundStopped