Arts, Culture & Humanities
(A230)
IRS Verified
DX Registered
990 on File
ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The ACAA assists and sponsors cultural and educational events and programs, supports academic research of Armenian interest, provides grants to Armenian authors and artists, helps fund internship programs, and provides scholarships to students and educators of Armenian issues.
Financial Overview — FY 2024
$1.7M
Total Revenue
$1.6M
Total Expenses
$6.7M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
53.3%
Fundraising Efficiency
N/A
Operating Reserve
50.12x
Liability-to-Asset
2.1%
Revenue Diversification
58.3%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
53.3% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.2% | 14.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
25.5% | 5.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
50.1 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.1% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.3% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
30.8% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.4% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.7% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.7M | $1.6M | $6.7M | 53.3% | 5 |
| 2023 | $1.3M | $1.4M | $6.5M | 50.4% | 0 |
| 2022 | $1.6M | $1.7M | $6.0M | 40.6% | 4 |
| 2021 | $1.1M | $1.0M | $6.8M | 73.3% | 3 |
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