American Institute In Taiwan
- Assets
- $121.0m
- Revenue
- $62.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Arlington, VA
- Founding
- 09/1979
- Data as of
- 09/2023
- EIN
- 62-1049974
Organization Overview
American Institute In Taiwan is located in Arlington, VA. The organization was established in 1979. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, American Institute In Taiwan employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute In Taiwan 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 09/2023, American Institute In Taiwan generated $62.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $64.9m during the year ending 09/2023. While expenses have increased by 3.6% per year over the past 8 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
TO HELP MAINTAIN PEACE, SECURITY, AND STABILITY IN THE WESTERN PACIFIC AND TO PROMOTE THE FOREIGN POLICY OF THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES AS STATED IN PUBLIC LAW 96-8, APRIL 10, 1979 TAIWAN RELATIONS ACT.
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 |
|---|---|---|---|
David Lamontagne Ait/w Executive Director (beg 08/23) | OfficerTrustee | 40 | $0 |
James Moriarty Chairman (thru 03/23) | OfficerTrustee | 20 | $93,124 |
Laura Rosenberger Chairwoman (beg 03/23) | OfficerTrustee | 40 | $0 |
Douglas Spelman Trustee | Trustee | 1 | $600 |
David Brown Trustee | Trustee | 1 | $600 |
Katherine Munchmeyer Trustee (thru 05/23) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rsm Us Llp Audit/tax & Financial System Services | 9/29/23 | $715,846 |
Santa Fe Relocation Services Taiwan Co Relocation Services For Employees Assign | 9/29/23 | $680,640 |
Taipei Language Institute-roosevelt Language Training | 9/29/23 | $291,985 |
Tangicloud Technologies Inc Financial System Service | 9/29/23 | $162,240 |
Taiwan Global Business Travel Agency Tai Travel (Airfare) | 9/29/23 | $261,940 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,657,951 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,657,951 |
| Total Program Service Revenue | $18,923,759 |
| Investment income | $106,061 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,740,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,525 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,284,569 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $448,658 |
| Compensation of current officers, directors, key employees. | $200,802 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,542,454 |
| Pension plan accruals and contributions | $1,620,662 |
| Other employee benefits | $3,253,707 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,098 |
| Fees for services: Accounting | $105,906 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,664,070 |
| Advertising and promotion | $3,076 |
| Office expenses | $1,705,353 |
| Information technology | $873,354 |
| Royalties | $0 |
| Occupancy | $14,984,462 |
| Travel | $1,930,115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,192 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,233 |
| Insurance | $5,480 |
| All other expenses | $49,658 |
| Total functional expenses | $64,945,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,923,212 |
| Savings and temporary cash investments | $8,912,007 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,539,400 |
| 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 | $16,178 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,602,453 |
| Total assets | $120,993,250 |
| Accounts payable and accrued expenses | $5,758,298 |
| Grants payable | $0 |
| Deferred revenue | $51,740,747 |
| 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 | $63,494,205 |
| Total liabilities | $120,993,250 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $120,993,250 |
Grants Awarded
Over the last fiscal year, American Institute In Taiwan has awarded $73,525 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL REPUBLICAN INSTITUTE PURPOSE: EUROPE-TAIWAN THINK TANK EXCHANGE FOR CIVIL RESILIENCY | $50,000 |
GEORGETOWN UNIVERSITY PURPOSE: FY23 ENGLISH LANGUAGE FELLOW PROGRAM | $23,525 |