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Finnish Cultural Institute In New York

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Cultural, Ethnic Awareness (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$657k (2023)

Expenses
$665k (2023)

Total Assets
$46.7k (2023)

Total Liabilities
$26.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$656,556
Expenses
$665,136
Net Income
-$8,580
Net Assets
$20,300
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $656,556
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $561,096
84.4%
Compensation of Officers* $104,040
15.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $46,673
Total Liabilities $26,373
Net Assets $20,300
Compensation
Key Employees and Officers Compensation Other
Kati Laakso (Executive Dir.) $104,040 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$535,315
Expenses
$532,873
Net Income
$2,442
Net Assets
$49,770
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $535,315
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $463,513
87.0%
Compensation of Officers* $69,360
13.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $91,306
Total Liabilities $41,536
Net Assets $49,770
Compensation
Key Employees and Officers Compensation Other
Kati Laakso (Executive Dir.) $69,360 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$416,625
Expenses
$415,509
Net Income
$1,116
Net Assets
-$9,594
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $416,625
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $415,102
99.9%
Compensation of Officers* $39,636
9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $104,246
Total Liabilities $113,840
Net Assets -$9,594
Compensation
Key Employees and Officers Compensation Other
Kaarina Gould (Executive Dir.) $39,636 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$461,525
Expenses
$478,562
Net Income
-$17,037
Net Assets
-$10,710
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $461,525
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $478,142
99.9%
Compensation of Officers* $90,885
19.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $129,182
Total Liabilities $139,892
Net Assets -$10,710
Compensation
Key Employees and Officers Compensation Other
Kaarina Gould (Executive Dir.) $90,885 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$663,614
Expenses
$655,477
Net Income
$8,137
Net Assets
$6,327
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $663,614
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $654,733
99.9%
Compensation of Officers* $97,380
14.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $61,307
Total Liabilities $54,980
Net Assets $6,327
Compensation
Key Employees and Officers Compensation Other
Kaarina Gould (Executive Dir.) $97,380 $0
Ilari Laamanen (Project Manager) $56,484 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$706,999
Expenses
$707,467
Net Income
-$468
Net Assets
-$1,810
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $706,999
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $706,400
99.8%
Compensation of Officers* $95,316
13.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $97,111
Total Liabilities $98,921
Net Assets -$1,810
Compensation
Key Employees and Officers Compensation Other
Kaarina Gould (Executive Dir.) $95,316 $0
Ilari Laamanen (Project Manager) $57,009 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$543,978
Expenses
$610,495
Net Income
-$66,517
Net Assets
-$1,342
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $543,978
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $605,400
99.2%
Compensation of Officers* $85,352
14.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $23,658
Total Liabilities $25,000
Net Assets -$1,342
Compensation
Key Employees and Officers Compensation Other
Kaarina Gould (Executive Dir.) $85,352 $0
Ilari Laamanen (Project Manager) $56,952 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$519,260
Expenses
$574,231
Net Income
-$54,971
Net Assets
$65,175
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $519,253
100.0%
Interest Revenue $7
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $565,841
98.5%
Compensation of Officers* $65,546
11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $90,175
Total Liabilities $25,000
Net Assets $65,175
Compensation
Key Employees and Officers Compensation Other
Ilari Laamanen (Project Manager) $54,853 $0
Leena Maija Rossi (Executive Dir.) $46,444 $0
Kaarina Gould (Executive Dir.) $19,102 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$487,272
Expenses
$607,163
Net Income
-$119,891
Net Assets
$120,146
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $487,253
100.0%
Interest Revenue $19
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $599,109
98.7%
Compensation of Officers* $77,576
12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $145,146
Total Liabilities $25,000
Net Assets $120,146
Compensation
Key Employees and Officers Compensation Other
Leena Maija Rossi (Executive Dir.) $77,576 $0
Anna Vuoria (Office Manager) $52,616 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$715,470
Expenses
$556,665
Net Income
$158,805
Net Assets
$240,037
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $715,442
100.0%
Interest Revenue $28
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $487,991
87.7%
Compensation of Officers* $64,647
11.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $265,037
Total Liabilities $25,000
Net Assets $240,037
Compensation
Key Employees and Officers Compensation Other
Leena Maija Rossi (Executive Dir.) $64,647 $0
Anna Vuoria (Office Manager) $53,530 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$554,574
Expenses
$543,121
Net Income
$11,453
Net Assets
$81,232
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $531,305
95.8%
Interest Revenue $82
0.0%
Dividends $0
Sales of Assets $0
Other Income $23,187
4.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $465,545
85.7%
Compensation of Officers* $77,576
14.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $106,232
Total Liabilities $25,000
Net Assets $81,232
Compensation
Key Employees and Officers Compensation Other
Leena Maija Rossi (Executive Dir.) $77,576 $0
Anna Vuoria (Office Manager) $51,000 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$504,505
Expenses
$533,976
Net Income
-$29,471
Net Assets
$69,779
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $504,180
99.9%
Interest Revenue $286
0.1%
Dividends $0
Sales of Assets $0
Other Income $39
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $456,135
85.4%
Compensation of Officers* $77,576
14.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $94,779
Total Liabilities $25,000
Net Assets $69,779

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$600,045
Expenses
$605,722
Net Income
-$5,677
Net Assets
$99,250
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $599,358
99.9%
Interest Revenue $423
0.1%
Dividends $0
Sales of Assets $0
Other Income $264
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $605,595
100.0%
Compensation of Officers* $34,394
5.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $124,250
Total Liabilities $25,000
Net Assets $99,250

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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