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Indiana · Nonprofit

THE AMER RESEARCH INST OF THE SOUTH

THE AMER RESEARCH INST OF THE SOUTH (Indiana) receives grants from 4 organizations whose IRS filings report $845,549 to it, the largest being Council of American Overseas Research Centers ($837,323). 2 of them have funded it in more than one year.

Revenue FY2025
$338k
Funders on record
4
Grants received
$846k
Net assets
$254k
2/4 repeat funderspeak grant-dependency 82%
01What it does

What The Amer Research Inst of the South does

Mission

The american research institute of the south caucasus (arisc) encourages and supports scholarly study of the south caucasus states (armenia, azerbaijan, and georgia) across all disciplines of the humanities, sciences, and social sciences. Arisc's mission is to promote and encourage american research in the region and to foster intellectual inquiry across boundaries within the south caucasus as well as between the south caucasus and its neighbors.

As stated on its FY2025 Form 990.

Program

  1. In 2024-25, arisc began the fiscal year with the intention of running ten competitive funding opportunities, but was only able to successfully run four funding opportunities, awarding four fellows to conduct research projects about the south caucasus and one south caucasus scholar to travel to the us to present their research at a conference. Arisc ran the multi- day workshop, teaching the south caucasus for experts, inviting six regional scholars to workshop best practices and resources for teaching about the region. Arisc also successfully closed out another seven fellowships from the prior fiscal year. Arisc co-sponsored a panel at the association for slavic, east european, and eurasian studies annual convention. Arisc has received and responded to 138 requests for assistance by scholars with the logistics of their research. Thirty-four virtual and in-person lectures and events have been organized or co-organized in the south caucasus. Arisc has a branch in armenia and in georgia and a representative in azerbaijan. Our representatives abroad have collected information on language learning programs, archives and museums, and lists of scholars in the south caucasus for those…

    $109,415 spentof which $35,130 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $109,415.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($61k) Expenses 100 ($58k) Net assets 100 ($39k)2021 Revenue 182 ($112k) Expenses 215 ($124k) Net assets 48 ($19k)2022 Revenue 466 ($286k) Expenses 464 ($269k) Net assets 92 ($36k)2023 Revenue 505 ($310k) Expenses 481 ($279k) Net assets 171 ($67k)2024 Revenue 365 ($224k) Expenses 364 ($211k) Net assets 204 ($80k)2025 Revenue 551 ($338k) Expenses 284 ($165k) Net assets 648 ($254k)
201920212022202320242025
Revenue (551)Expenses (284)Net assets (648)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $80k to $254k (+217%).

$39k
$19k
$37k
$69k
$80k
$254k
201920212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 24% · 2023 25% · 2024 25% · 2025 18%. Grants only. Government contracts and fees sit inside program revenue.

100% of THE AMER RESEARCH INST OF THE SOUTH’s revenue is contributions — more donation-reliant than the typical peer (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$3k
’19
−$13k
’21
$17k
’22
$31k
’23
$13k
’24
$174k
’25
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2022202320242025
Listed4444
Joined·+0+0+1
No longer listed·001
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $7k → $217k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE AMER RESEARCH INST OF THE SOUTH’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE AMER RESEARCH INST OF THE SOUTH leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE AMER RESEARCH INST OF THE SOUTH.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THE AMER RESEARCH INST OF THE SOUTH draws 100% of its grant income from funders outside Indiana, across 3 states in all.

CT
MD
DC

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $226 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE AMER RESEARCH INST OF THE SOUTH runs a healthier operating margin than three-quarters of the 2,468 international nonprofits its size.

Operating margin51% · top quartile
Months of reserve18.5mo · top quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 2,468 international nonprofits $100k–$1M, FY2025

Government funding THE AMER RESEARCH INST OF THE SOUTH receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $313k on record.

Federal$313k
grants $313kcontracts $0
20
21
22
23
24
Top agencies
  • Department of Education$313k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE AMER RESEARCH INST OF THE SOUTH

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

66% of spending goes to programs.

Program 66%Management 33%Fundraising 1%

Governance

24
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE AMER RESEARCH INST OF THE SOUTH: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE AMER RESEARCH INST OF THE SOUTH?
THE AMER RESEARCH INST OF THE SOUTH (Indiana) receives grants from 4 organizations whose IRS filings report $845,549 to it, the largest being Council of American Overseas Research Centers ($837,323). 2 of them have funded it in more than one year.
How many funders does THE AMER RESEARCH INST OF THE SOUTH have?
IRS filings report 4 organizations giving $845,549 in grants to THE AMER RESEARCH INST OF THE SOUTH, 2 of which have funded it in more than one year.
Who is the largest funder of THE AMER RESEARCH INST OF THE SOUTH?
Council of American Overseas Research Centers is the largest funder on record, with $837,323 in grants. The full list of funders is on this page.
How can an organization like THE AMER RESEARCH INST OF THE SOUTH find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Amer Research Inst of the South →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing