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Armenian Cultural Foundation

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.

Details

According to its July 2023 tax filing, this nonprofit:

Reported a significant diversion of assets
Organizations must report any significant unauthorized use of assets upon discovery. A diversion of assets is significant if it exceeds 5% of the organization's gross receipts or assets or $250,000, whichever is lower. Details must be reported on Schedule O.

Summary charts: organization finances over time

Revenue
$1.68M (2023)

Expenses
$1.91M (2023)

Total Assets
$13.2M (2023)

Total Liabilities
$7.94M (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 July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,676,531
Expenses
$1,912,027
Net Income
-$235,496
Net Assets
$5,270,944
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,251,624
74.7%
Program Services $0
Investment Income $17,732
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$67,722
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $168,725
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,205,963
Total Liabilities $7,935,019
Net Assets $5,270,944
Other
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Arto Keuleyan (Treasurer) $0 $0 $0
Carmen Ohanian (Chairman) $0 $0 $0
Harut Mgrditchian (Secretary) $0 $0 $0
Garo Ispendjian (Director) $0 $0 $0
Manoug Joukhajian (Director) $0 $0 $0
Hrar Koutnouyan (Director) $0 $0 $0
Tamar Orishian (Director) $0 $0 $0
Levon Kirakosian (Director) $0 $0 $0
Toros Kejejian (Director) $0 $0 $0
Shahen Derderian (Director) $0 $0 $0
Vahan Bezdikian (Director) $0 $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,305,520
Expenses
$1,346,733
Net Income
-$41,213
Net Assets
$5,506,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $676,210
51.8%
Program Services $0
Investment Income $4,744
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $30,547
2.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,600,856
Total Liabilities $8,094,416
Net Assets $5,506,440
Other
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Arto Keuleyan (Secretary) $0 $0 $0
Carmen Ohanian (Director) $0 $0 $0
Harut Mgrditchian (Director) $0 $0 $0
Garo Ispendjian (Director) $0 $0 $0
Vahan Bezdikian (Director) $0 $0 $0
Krikor Topalian (Cfo) $0 $0 $0
Alik Ourfalian (Director) $0 $0 $0
Levon Kirakosian (Director) $0 $0 $0
Toros Kejejian (Director) $0 $0 $0
Sako Berberian (Director) $0 $0 $0
Shahen Derderian (Director) $0 $0 $0
Avedik Izmirlian (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,179,001
Expenses
$1,421,057
Net Income
-$242,056
Net Assets
$6,198,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $997,445
84.6%
Program Services $0
Investment Income $5,982
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $121,263
10.3%
Net Fundraising $0
Sales of Assets -$1,009
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $53,101
3.7%
Assets/Debt
Total Assets $14,043,516
Total Liabilities $7,844,863
Net Assets $6,198,653
Other
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Arto Keuleyan (Secretary) $0 $0 $0
Carmen Ohanian (Director) $0 $0 $0
Harut Mgrditchian (Director) $0 $0 $0
Garo Ispendjian (Director) $0 $0 $0
Vahan Bezdikian (Director) $0 $0 $0
Krikor Topalian (Cfo) $0 $0 $0
Alik Ourfalian (Director) $0 $0 $0
Levon Kirakosian (Director) $0 $0 $0
Toros Kejejian (Director) $0 $0 $0
Sako Berberian (Director) $0 $0 $0
Shahen Derderian (Director) $0 $0 $0
Avedik Izmirlian (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,287,103
Expenses
$1,410,968
Net Income
-$123,865
Net Assets
$6,440,709
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,356,582
> 100%
Program Services $0
Investment Income $10,824
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,232
2.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,880
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,419,351
Total Liabilities $7,978,642
Net Assets $6,440,709
Compensation
Key Employees and Officers Compensation Related Other
Avedik Izmirlian (Ceo) $0 $0 $0
Arto Keuleyan (Secretary) $0 $0 $0
Krikor Topalian (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,968,509
Expenses
$1,573,428
Net Income
$395,081
Net Assets
$6,654,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,750,207
88.9%
Program Services $0
Investment Income $11,066
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $182,951
9.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,149
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,659,476
Total Liabilities $8,004,902
Net Assets $6,654,574

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,832,803
Expenses
$1,769,061
Net Income
$63,742
Net Assets
$6,169,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,830,285
99.9%
Program Services $0
Investment Income $5,139
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$52,929
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $952
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,510,994
Total Liabilities $8,341,501
Net Assets $6,169,493

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,825,324
Expenses
$1,887,374
Net Income
-$62,050
Net Assets
$6,105,751
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,587,855
87.0%
Program Services $0
Investment Income $4,442
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,047
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $351
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,147,824
Total Liabilities $8,042,073
Net Assets $6,105,751

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,791,281
Expenses
$1,993,277
Net Income
-$201,996
Net Assets
$6,168,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,475,778
82.4%
Program Services $0
Investment Income $5,351
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $138,108
7.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $349
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,287,185
Total Liabilities $8,119,027
Net Assets $6,168,158

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,996,603
Expenses
$1,719,041
Net Income
$277,562
Net Assets
$6,371,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,619,478
81.1%
Program Services $0
Investment Income $5,068
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $131,722
6.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,258
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,623,019
Total Liabilities $8,251,631
Net Assets $6,371,388

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,945,882
Expenses
$1,648,788
Net Income
$297,094
Net Assets
$6,094,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,462,319
75.1%
Program Services $0
Investment Income $6,366
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $127,458
6.6%
Net Fundraising $0
Sales of Assets $5,443
0.3%
Net Inventory Sales $0
Other Revenue $15,040
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,358,384
Total Liabilities $8,263,599
Net Assets $6,094,785

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,887,850
Expenses
$1,562,770
Net Income
$325,080
Net Assets
$5,802,810
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,455,451
77.1%
Program Services $7,846
0.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $103,009
5.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $175,343
9.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,189,720
Total Liabilities $8,386,910
Net Assets $5,802,810

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,787,901
Expenses
$1,658,576
Net Income
$129,325
Net Assets
$5,482,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,442,609
80.7%
Program Services $0
Investment Income $8,070
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $115,912
6.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $41,119
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,964,469
Total Liabilities $8,481,847
Net Assets $5,482,622

Document Links

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,708,211
Expenses
$1,863,171
Net Income
-$154,960
Net Assets
$5,353,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,439,857
84.3%
Program Services $0
Investment Income $14,826
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income -$13,828
Net Fundraising $0
Sales of Assets -$2,133
Net Inventory Sales $0
Other Revenue $3,107
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,976,738
Total Liabilities $8,623,441
Net Assets $5,353,297

Document Links

Fiscal Year Ending July
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 July
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 July
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 July
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 July
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 July
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 July
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 July
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 July
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 July
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

Fiscal Year Ending July
2000

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.

Which Organizations Are Here?

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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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