International Center Inc
- Assets
- $9.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 28
- Location
- Indianapolis, IN
- Founding
- 08/1973
- Data as of
- 12/2023
- EIN
- 35-1300785
Organization Overview
International Center Inc is located in Indianapolis, IN. The organization was established in 1973. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, International Center Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Center 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 12/2023, International Center Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL CENTER IS A CATALYST TO INFORM, CONVENE AND CONNECT PUBLIC, PRIVATE AND CIVIC GLOBAL OBJECTIVES IN INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL TRAINING AND INFORMATION/REFERRAL ASSISTANCE FOR INDIVIDUALS, THEIR SPOUSES AND CHILDREN THAT ARE EITHER RELOCATING TO/FROM INDIANA FROM/TO OUTSIDE THE UNITED STATES AND COMMUNITY ORIENTATION FOR INDIVIDUALS, THEIR SPOUSES AND CHILDREN THAT ARE RELOCATING TO INDIANA FROM OUTSIDE THE UNITED STATES.
VARIOUS PROJECTS, PROGRAMS AND EVENTS THAT PROVIDE CULTURAL UNDERSTANDING, APPRECIATION AND EDUCATIONAL NEEDS FOR INDIANA CITIZENS, INCLUDING STUDENTS AND TEACHERS, AND INDIVIDUALS THAT HAVE RELOCATED TO INDIANA FROM OUTSIDE THE UNITED STATES. GLOBAL TIES U.S.: AN INITIATIVE OF THE U.S. DEPARTMENT OF STATE, BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS THAT BRINGS EMERGING LEADERS FROM OVERSEAS TO INDIANA TO MEET WITH PROFESSIONAL COUNTERPARTS AND EXPERIENCE THE UNITED STATES FIRSTHAND. ORIENTATION PROGRAMS: TRAINING AND ASSISTANCE TO HELP RELOCATED INTERNATIONALS AND THEIR FAMILIES. PRE-DEPARTURE AND REPATRIATION PROGRAMS: ASSISTANCE TO HELP INDIVIDUALS DEPARTING/RETURNING FROM INTERNATIONAL ASSIGNMENTS. PROTOCOL OFFICE PROGRAMS: ADVISES ORGANIZATIONS ON PRACTICES TO ENABLE MEETINGS/EVENTS OF DIFFERENT NATIONS TO COME TOGETHER WITH PROPER MUTUAL RESPECT. SEMINAR PROGRAMS: FOCUS ON LEARNING ABOUT OPPORTUNITIES AND CHALLENGES OF GLOBALIZATION AND BUILDING ON CULTURAL DIVERSITY. LOCAL VOLUNTEERS PROGRAMS: VOLUNTEERS WHO INTRODUCE FOREIGN GUESTS TO HOOSIER HOSPITALITY. CROSS CULTURAL TRAINING PROGRAMS: ASSISTANCE TO THE REGION'S MULTICULTURAL POPULATION AND TO SUPPORT EMPLOYERS IN CREATING GREATER UNDERSTANDING OF CULTURAL DIVERSITY IN THE WORKPLACE. COLLABORATIONS AND PARTNERSHIP PROGRAMS: THE CENTER JOINS WITH OTHER NONPROFITS TO MAXIMIZE THE IMPACT OF ITS WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Iglehart Board Chair Thru 11/23 | OfficerTrustee | 1 | $0 |
Angela Smith Jones Vice Chair | OfficerTrustee | 1 | $0 |
Esther Earbin Sandlin Secretary | OfficerTrustee | 1 | $0 |
Meredith Carbrey Treasurer | OfficerTrustee | 1 | $0 |
Priscila Vansetti Immediate Past Chair | OfficerTrustee | 1 | $0 |
Shash Goyal Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,171 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $798,794 |
| Noncash contributions included in lines 1a–1f | $13,840 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $853,965 |
| Total Program Service Revenue | $635,147 |
| Investment income | $228,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22,321 |
| Net Income from Fundraising Events | -$94,772 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,600,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $136,675 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $243,347 |
| Compensation of current officers, directors, key employees. | $61,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $631,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,927 |
| Payroll taxes | $73,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,492 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,940 |
| Fees for services: Other | $149,888 |
| Advertising and promotion | $40,716 |
| Office expenses | $49,404 |
| Information technology | $21,392 |
| Royalties | $0 |
| Occupancy | $114,840 |
| Travel | $43,735 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,238 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,326 |
| Insurance | $5,685 |
| All other expenses | $0 |
| Total functional expenses | $1,682,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,036 |
| Savings and temporary cash investments | $596,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,627 |
| Net Land, buildings, and equipment | $50,692 |
| Investments—publicly traded securities | $8,232,261 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $433,390 |
| Total assets | $9,809,256 |
| Accounts payable and accrued expenses | $121,829 |
| Grants payable | $0 |
| Deferred revenue | $3,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $462,923 |
| Total liabilities | $588,252 |
| Net assets without donor restrictions | $2,089,194 |
| Net assets with donor restrictions | $7,131,810 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,809,256 |