American Institute Of Polish Culture Inc is located in Miami, FL. The organization was established in 1973. 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. As of 06/2022, American Institute Of Polish Culture Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of Polish Culture 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, American Institute Of Polish Culture Inc generated $478.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $429.0k during the year ending 06/2022. While expenses have increased by 3.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE ABOUT POLISH CULTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN INSTITUTE OF POLISH CULTURE, INC. WAS FORMED TO EDUCATE AMERICAN PEOPLE ABOUT POLISH CULTURE, PEOPLE, ACHIEVEMENTS, AND HISTORY. THROUGH ITS VARIOUS PROGRAMS,
SUCH AS THE POLONAISE BALL, TRANSLATION OF POLISH BOOKS INTO ENGLISH, EDUCATIONAL MAILINGS, GIFTS TO CHARITIES, SCHOLARSHIPS, RADIO AND FILM PROGRAMS, LIBRARY SERVICES,
AND SALE AND DISTRIBUTION OF TRANSLATED BOOKS TO THE PUBLIC, THE AMERICAN INSTITUTE OF POLISH CULTURE ACHIEVES ITS ORGANIZATIONAL GOALS. A COMPLETE LISTING OF OTHER
PROGRAM SERVICE EXPENSES IS ATTACHED AS A SCHEDULE TO THIS RETURN. CHARITABLE DISTRIBUTIONS ARE DETERMINED AS FOLLOWS: CHARITABLE ORGANIZATIONS RECEIVING FUNDS MUST HAVE CHARITABLE PURPOSES CONSISTENT WITH THOSE OF THIS ORGANIZATION, NAMELY, FURTHERING EDUCATION REGARDING POLISH CULTURE. INDIVIDUALS RECEIVING SCHOLARSHIPS MUST BE FURTHERING THEIR EDUCATION REGARDING POLISH CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Blanka A Rosenstiel President | Officer | 10 | $0 |
Eileen Hall Secretary/tr | Officer | 10 | $0 |
Janine Lennox Vice Preside | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $277,417 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $277,417 |
Total Program Service Revenue | $175,602 |
Investment income | $29,934 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,026 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $10 |
Miscellaneous Revenue | $0 |
Total Revenue | $478,937 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
Grants and other assistance to domestic individuals. | $19,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $119,182 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,500 |
Payroll taxes | $9,118 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,797 |
Fees for services: Other | $0 |
Advertising and promotion | $2,127 |
Office expenses | $38,317 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $66,360 |
Travel | $262 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,465 |
Interest | $64 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $245 |
Insurance | $555 |
All other expenses | $7,849 |
Total functional expenses | $429,030 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,479 |
Savings and temporary cash investments | $27,535 |
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 | $26,560 |
Prepaid expenses and deferred charges | $13,575 |
Net Land, buildings, and equipment | $20,000 |
Investments—publicly traded securities | $841,219 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,880 |
Total assets | $998,248 |
Accounts payable and accrued expenses | $2,925 |
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 | $2,925 |
Net assets without donor restrictions | $532,465 |
Net assets with donor restrictions | $462,858 |
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 | $998,248 |
Over the last fiscal year, we have identified 3 grants that American Institute Of Polish Culture Inc has recieved totaling $238,900.
Awarding Organization | Amount |
---|---|
The Rosenstiel Foundation Philadelphia, PA PURPOSE: UNRESTRICTED GRANT | $200,000 |
The Rosenstiel Foundation Philadelphia, PA PURPOSE: RESTRICTED | $38,000 |
Ansin Foundation N Miami, FL PURPOSE: GENERAL SUPPORT | $900 |
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