Irish-American Cultural Institute
- Assets
- $1.0m
- Revenue
- $82.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Succasunna, NJ
- Founding
- 03/1965
- Data as of
- 12/2022
- EIN
- 41-0909413
Organization Overview
Irish-American Cultural Institute is located in Succasunna, NJ. The organization was established in 1965. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Irish-American Cultural Institute 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 12/2022, Irish-American Cultural Institute generated $82.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $91.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE PROVIDES LEADERSHIP AND RESOURCES TO PRESERVE, INTERPRET, AND PROMOTE IRISH AND IRISH AMERICAN CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASHINGTON BALL
OTHER
GRANTS FOR BUTLER LITERARY AWARD & O'MALLEY ART AWARD
EIRE - IRELAND SEMI-ANNUAL JOURNAL REPRESENTING WRITINGS ON THE CULTURE AND HISTORY OF IRELAND AND IRISH AMERICA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James S Donnelly Chairman | OfficerTrustee | 5 | $0 |
F Peter Halas MD Vice Chairman | OfficerTrustee | 5 | $0 |
Alfred Nunan Treasurer | OfficerTrustee | 5 | $0 |
Barbara Lyons Secretary | OfficerTrustee | 5 | $0 |
Catherine Marshall Director | Trustee | 5 | $0 |
Joseph Brennan Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,105 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,720 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,825 |
| Total Program Service Revenue | $6,931 |
| Investment income | $358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $41,710 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,070 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $44,190 |
| Compensation of current officers, directors, key employees. | $5,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,773 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,734 |
| All other expenses | $0 |
| Total functional expenses | $91,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,305 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $996 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,870 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $982,641 |
| Total assets | $1,040,812 |
| Accounts payable and accrued expenses | $3,028 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $3,028 |
| Net assets without donor restrictions | $1,030,284 |
| Net assets with donor restrictions | $7,500 |
| 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 | $1,040,812 |