Iran Cultural & Educational Center Inc is located in Rockville, MD. The organization was established in 1991. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iran Cultural & Educational 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 06/2022, Iran Cultural & Educational Center Inc generated $48.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $56.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45 |
Total Program Service Revenue | $48,135 |
Membership dues | $0 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,191 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $36,154 |
Occupancy, rent, utilities, and maintenance | $17,859 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,704 |
Total expenses | $56,717 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $377,550 |
Other assets | $0 |
Total assets | $377,550 |
Total liabilities | $82,579 |
Net assets or fund balances | $294,971 |
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