Arts, Culture & Humanities
(A23)
990 on File
ARMENIAN CULTURAL ASSOCIATION OF NEW YORK INC
Financial strength (30%)
82/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$361K
Total Revenue
$166K
Total Expenses
$10.8M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.6%
Fundraising Efficiency
N/A
Operating Reserve
777.09x
Liability-to-Asset
0.0%
Revenue Diversification
73.1%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M 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
|
88.6% | 82.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
777.1 mo | 9.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.1% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
63.1% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
163.7% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
54.0% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $361K | $166K | $10.8M | 88.6% | — |
| 2023 | $221K | $63K | $10.7M | 62.7% | 0 |
| 2022 | $355K | $90K | $8.4M | 81.5% | 0 |
| 2021 | $387K | $43K | N/A | — | 0 |
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