Encyclopaedia Iranica Foundation Inc
- Assets
- $22.5m
- Revenue
- $2.0m
- Investments
- $22.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1992
- Data as of
- 12/2021
- EIN
- 13-3636524
Organization Overview
Encyclopaedia Iranica Foundation Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Encyclopaedia Iranica Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Encyclopaedia Iranica Foundation Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS THE SCHOLARLY RESEARCH AND ALLIED COSTS NEEDED TO PRODUCE AND PUBLISH OF THE ENCYCLOPAEDIA IRANICA AND OTHER RESEARCH AND PUBLICATION RELATED TO THE HISTORY OF IRANIAN CULTURE. SINCE THE FOUNDATION'S INCEPTION THROUGH 2017, THE ADMINISTRATION OF THE CONTINUED WORK ON THE ENCYCLOPAEDIA IRANICA WAS CONDUCTED WITH COLUMBIA UNIVERSITY ("COLUMBIA") UNTIL COLUMBIA SUED THE FOUNDATION AND THE TWO ORGANIZATIONS ARE CURRENTLY IN LITIGATION. THE FOUNDATION CONTINUES TO MOVE FORWARD WITH THE ENCLYCLOPAEDIA IRANICA AND OTHER RESEARCH AND PUBLICATION RELATED TO THE HISTORY OF IRANIAN CULTURE IN COLLABORATION WITH OTHER ACADEMIC INSTITUTIONS. IN SEPTEMBER 2021, THE FOUNDATION ENTERED INTO A MULTI-YEAR RESEARCH AGREEMENT WITH THE UNIVERSITY OF TORONTO TO ADVANCE RESEARCH IN TWO THEMATIC AREAS OF IRANIAN ART: IRANIAN WOMEN POETS; AND IRANIAN CINEMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Khalili Vice Chair | 5 | $0 | |
Ramine Rouhani Chairman | 5 | $0 | |
Soodabeh Nelson Treasurer | 5 | $0 | |
Houtan Aghili Director | 5 | $0 | |
Kamran Parandian Director | 5 | $0 | |
Chase Robinson Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arent Fox Llp | 12/30/21 | $956,485 |
Levine Lee Llp | 12/30/21 | $1,705,862 |
University Of Toronto | 12/30/21 | $407,078 |
Parandian Law Firm | 12/30/21 | $326,575 |
Fti Consulting Inc | 12/30/21 | $130,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $610 |
| Interest on Savings | $7 |
| Dividends & Interest | $430,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,578,626 |
| Capital Gain Net Income | $1,578,626 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $264 |
| Total Revenue | $2,010,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,375 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $182,373 |
| Other expenses | $427,310 |
| Total operating and administrative expenses | $3,726,516 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,726,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,482 |
| Savings and temporary cash investments | $144,157 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,284 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $22,477,016 |
| Accounts payable and accrued expenses | $167,207 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $167,207 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Encyclopaedia Iranica Foundation Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Nour Foundation New York, NY PURPOSE: TO PROMOTE THE ACADEMIC RESEARCH AND DOCUMENTATION OF ONE OF THE WORLD'S OLDEST CIVILIZATIONS | $2,500 |
Endowment Analysis
| Beg. Balance | $18,978,440 |
| Earnings | $3,612,528 |
| Admin Expense | $53,760 |
| Other Expense | $250,000 |
| Ending Balance | $22,287,208 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Job Haines Home For Aged People Bloomfield, NJ | $0 | $13,992,218 |
National Employment Law Project New York, NY | $36,945,539 | $28,468,776 |
Southcentral Workforce Investment Board Harrisburg, PA | $3,804,661 | $12,566,907 |
True North Flexstaff Inc Westbury, NY | $18,448,140 | $27,215,805 |
Dig Safe System Inc Wilmington, MA | $4,148,340 | $6,175,046 |
New York Building Congress Inc New York, NY | $3,066,059 | $4,826,595 |
Careers Through Culinary Arts Program Inc New York, NY | $2,830,215 | $5,233,513 |
Encyclopaedia Iranica Foundation Inc New York, NY | $22,477,016 | $2,010,229 |
Fuel Merchants Association Of New Jersey Cranford, NJ | $2,186,994 | $1,562,085 |
Workforce Professionals Traininginstitute New York, NY | $1,114,908 | $1,988,483 |
Adult Vocational Programs Inc Chester, CT | $421,705 | $1,785,717 |
Jewelers Vigilance Committee Inc New York, NY | $4,420,545 | $1,098,238 |