Asian Legacy Library Us Inc
- Assets
- $932.2k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Sedona, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 83-2826030
Organization Overview
Asian Legacy Library Us Inc is located in Sedona, AZ. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, Asian Legacy Library Us Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Legacy Library Us 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 12/2022, Asian Legacy Library Us Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 72.3% per year over the past 4 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
ALL'S MISSION IS TO FIND, PRESERVE AND DIGITIZE RARE AND ENDANGERED WORKS OF ANCIENT CULTURE. WHEREVER POSSIBLE, WE WILL SUPPORT AND COOPERATE WITH SISTER ORGANIZATIONS ENGAGED IN SIMILAR ACTIVITIES TO CREATE INNOVATIVE SOLUTIONS. WE WILL SPREAD AND TEACH THESE ANCIENT IDEAS TO HELP MODERN PEOPLE BRING THEM TO LIFE IN TODAY'S WORLD, EDUCATING PEOPLE TO TAKE ON THE MISSION OF PHILANTHROPY FOR GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASIAN LEGACY LIBRARY (ALL) HAS ACCESSED SEVERAL COLLECTIONS OF ANCIENT WISDOM IN NEPAL, INDIA AND MONGOLIA; MADE PLANS TO ACCESS OTHERS; AND DEVELOPED THE RELATIONSHIPS NECESSARY TO GAIN PERMISSION TO PERFORM CULTURAL PRESERVATION ACTIVITIES ON THESE COLLECTIONS.ALL IS COMPLETING THE DIGITAL PRESERVATION OF THE NATIONAL LIBRARY OF MONGOLIA'S COLLECTION OF ANCIENT MANUSCRIPTS. THIS WILL ALLOW THESE COLLECTIONS TO BE DISTRIBUTED DIGITALLY FREE OF CHARGE TO CURRENT AND FUTURE GENERATIONS.CHINA GLOBAL PHILANTHROPY INSTITUTE & CHINA SOFT POWER ARE LECTURE SERIES INTRODUCING ALL'S PURPOSES. CONTENT FROM ANCIENT ASIAN MANUSCRIPTS IS TAUGHT IN THIS SERIES WHICH RAISES AWARENESS OF THEIR VALUE.AYURVEDA COLLECTION PRESERVATION IS THE DIGITAL PRESERVATION OF THE AYURVEDA COLLECTION OF ANCIENT MANUSCRIPTS. THIS WILL ALLOW THESE COLLECTIONS TO BE DISTRIBUTED DIGITALLY FREE OF CHARGE TO CURRENT & FUTURE GENERATIONS.CREATION OF A LINKED DATA PLATFORM AND WEBSITE TO DISTRIBUTE AND SHARE RESULTING PRESERVED COLLECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Brady President | OfficerTrustee | 60 | $80,546 |
Ben Ghalmi Financial Consultant | Officer | 40 | $61,000 |
Christina Kasica Secretary Until 8-2022 | OfficerTrustee | 2 | $19,500 |
Maria Moertl Director 1-2022 To 10-2022 | Trustee | 1 | $0 |
Constance O'brien Secretary From 8-2022 Until 12-2022 | OfficerTrustee | 5 | $0 |
Michael Roach Treasurer As Of 2-2022 | OfficerTrustee | 5 | $0 |
Financial Statements
| 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 | $1,856,783 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,856,783 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| 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 | $1,856,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,996 |
| 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. | $163,739 |
| Compensation of current officers, directors, key employees. | $79,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,842 |
| Payroll taxes | $18,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,636 |
| Fees for services: Accounting | $33,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $651,292 |
| Advertising and promotion | $118,325 |
| Office expenses | $55,053 |
| Information technology | $68,381 |
| Royalties | $0 |
| Occupancy | $42,392 |
| Travel | $97,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,838 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $330 |
| All other expenses | $0 |
| Total functional expenses | $1,588,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,317 |
| Savings and temporary cash investments | $53,947 |
| 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 | $23,087 |
| 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 | $3,883 |
| Total assets | $932,234 |
| Accounts payable and accrued expenses | $33,786 |
| 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 | $33,786 |
| Net assets without donor restrictions | $898,448 |
| 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 | $932,234 |
Grants Awarded
Over the last fiscal year, Asian Legacy Library Us Inc has awarded $162,928 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THREE JEWELS OUTREACH CENTER INC PURPOSE: GENERAL SUPPORT | $7,000 |
THE ASISAN CLASSICS INSTITUTE INC PURPOSE: GENERAL SUPPORT | $10,000 |
THE ASIAN CLASSICS INPUT PROJECT INC PURPOSE: CASTLE ROCK PROJECT | $95,928 |
ONE LIGHT GLOBAL INCORPORATED PURPOSE: GENERAL SUPPORT | $10,000 |
YOGA STUDIES INSTITUTE PURPOSE: GENERAL SUPPORT | $40,000 |