Qatar-America Institute
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Piermont, NY
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-2783541
Organization Overview
Qatar-America Institute, operating under the name Qatar America Institute For Culture, is located in Piermont, NY. The organization was established in 2019. 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 12/2023, Qatar America Institute For Culture employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qatar America Institute For Culture 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, Qatar America Institute For Culture generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. 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 CREATE AND EXECUTE PROGRAMS AND RESEARCH THAT AMPLIFY ALL FORMS OF ART AND CULTURE IN SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QAIC ACHIEVES ITS MISSION THROUGH CORE PRINCIPLES INCLUDING EDUCATIONAL ART AND CULTURE PROGRAMS, EXHIBITIONS AND PARTNERSHIPS. QAIC WELCOMED MORE THAN 2,000 VISITORS TO MAJOR ACTIVITIES IN 2023 EXECUTED IN WASHINGTON, DC WHICH INCLUDED: EDUCATION EXHIBITIONS AND INTERACTIVE ACTIVITIES, CULTURAL TALKS AND DISCUSSIONS, DINNER RECEPTIONS, MUSICAL PERFORMANCES, ARTIST TALKS AND EXPERT PANELS, RESEARCH AND FILM SCREENINGS RELATED TO EXPLORING THE ARABIC LANGUAGE AND SCENT, CALLIGRAPHY, ENVIRONMENTALISM, CULTURAL EXCHANGE, AND COMMUNITY DEVELOPMENT. PROGRAMS WERE ORGANIZED IN PARTNERSHIP WITH VARIOUS PARTNERS AND SPONSORS, INCLUDING UNIVERSITIES, HISTORICAL AND CULTURAL INSTITUTIONS AND ENTITIES FOR SOCIAL IMPACT AND COMMUNITY DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Loar Chair/consultant | OfficerTrustee | 5 | $25,000 |
Sandra Wilkins Secretary | OfficerTrustee | 5 | $0 |
Kurt Nystrom Treasurer | OfficerTrustee | 5 | $0 |
Ashraf Abu-Issa Board Member | Trustee | 2 | $0 |
Shaikha Al-Misnad Board Member | Trustee | 2 | $0 |
Khalid Al-Sulaiti Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,765 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,250,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,350,160 |
| Total Program Service Revenue | $6,937 |
| Investment income | $0 |
| 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 | $1,358,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,625 |
| 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. | $336,095 |
| Compensation of current officers, directors, key employees. | $145,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $641,806 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,290 |
| Payroll taxes | $76,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,033 |
| Fees for services: Accounting | $104,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $382,335 |
| Advertising and promotion | $54,387 |
| Office expenses | $91,569 |
| Information technology | $9,318 |
| Royalties | $0 |
| Occupancy | $854,781 |
| Travel | $136,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,591 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,496 |
| Insurance | $12,417 |
| All other expenses | $0 |
| Total functional expenses | $3,281,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,651,328 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,300 |
| Accounts receivable, net | $254 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,657,882 |
| Accounts payable and accrued expenses | $586,823 |
| 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 | $586,823 |
| Net assets without donor restrictions | $1,071,059 |
| 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 | $1,657,882 |