NATIONAL ASSOCIATION FOR ARMENIAN STUDIES AND RESEARCH INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ASSOCIATION FOR ARMENIAN STUDIES AND RESEARCH INC (EIN 04-2215574)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-25
- IRS object ID
- 202422999349301667
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-25T13:14:47-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043138777 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF JND PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Crown Colony Drive Suite 102 | AddressLine1Txt |
| City | Quincy | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042215574 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Association for Armenian | BusinessNameLine1Txt |
| Business Name Line2 | Studies and Research Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 6174891610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 Concord Avenue | AddressLine1Txt |
| City | Belmont | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024783049 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ara Araz | PersonNm |
| Person Title | Chairperson | PersonTitleTxt |
| Phone | 6174891610 | PhoneNum |
| Signature | 2024-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amanda Wolfe | PreparerPersonNm |
| PTIN | P01289269 | PTIN |
| Phone | 6174220007 | PhoneNum |
| Preparation | 2024-10-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ara Araz | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 Concord Avenue | AddressLine1Txt |
| City | Belmont | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024783049 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,092,629 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NAASR.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | The general purposes of the Association are: (1) To foster and promote Armenian Studies through scholarship, research, and publication; (2) To work for the establishment of endowed professorships, fellowships, scholarships, departments, and courses of instruction in Armenian Studies at colleges, universities, and other institutions of higher learning; (3) To solicit and administer funds and to cooperate with universities, foundations, and similar organizations for the advancement of Armenian studies and research; and (4) To sponsor and promote educational, cultural, and other activities and projects for the realization of the purposes and objectives of the Association. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,190,410 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,117,060 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $59,501 | PYInvestmentIncomeAmt |
| CY Investment Income | $111,594 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$10,784 | PYOtherRevenueAmt |
| CY Other Revenue | -$46,239 | CYOtherRevenueAmt |
| PY Total Revenue | $1,239,127 | PYTotalRevenueAmt |
| CY Total Revenue | $1,182,415 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $74,768 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $118,889 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $401,271 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $405,114 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $76,803 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $397,342 | PYOtherExpensesAmt |
| CY Other Expenses | $423,626 | CYOtherExpensesAmt |
| PY Total Expenses | $873,381 | PYTotalExpensesAmt |
| CY Total Expenses | $947,629 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $365,746 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $234,786 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,721,419 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,302,675 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,563 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,575 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,717,856 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,300,100 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and rare book libraries. NAASR advances Armenian Studies through research and scholarship, offers high-quality educational public programming, and supports and connects scholars of Armenian Studies worldwide with each other and a broad general public to build a global community, expand horizons, and preserve and enrich Armenian culture, history, and identity for future generations. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $700,332 | ExpenseAmt |
| Grant | $118,889 | GrantAmt |
| Desc | Since 1955, NAASR has built an extensive library and maintains one of the top rare book Armenian libraries open to the public, with over 30,000 books and holdings dating to the 1600s, and periodicals dating to the 1800s. Materials in the collection are primarily written in Armenian and English, but important publications in Turkish, Farsi, Russian, French, German, Arabic, and other languages are also represented. Through the years, numerous significant and valuable collections have been donated to NAASR including special collections-personal archives and papers from over 25 prominent scholars, genocide survivors, religious figures, and early immigrants to the U.S.NAASR's Mardigian Library is used primarily by scholars and independent researchers (whether in person or remotely requesting scanned materials or references), university students, high school students, and the general public. The entire library's collections are available free of charge for research and reference purposes, or simply for browsing, and receives on average 100-150 requests/visits per year. Since the library catalog is fully accessible online, requests come from around the world.NAASR offers over 50 educational programs each year and co-sponsors programs, lectures and conferences with other academic and cultural organizations at venues throughout the country, which are also broadcast and archived online worldwide through its YouTube channel Armenian Studies. NAASR supports scholars worldwide through research and assistance. In 2023, 39 grants were approved for support by NAASR and the Knights of Vartan Fund for Armenian Studies. The grant recipients were mostly global, including from the US. NAASR runs a bookstore, which is the largest English-language bookstore on Armenian topics, available online and onsite, with over 2,000 titles.NAASR's members include scholars, students, researchers, and members of the general public. NAASR collaborates with a myriad of non-profit organizations and universities throughout the world. | Desc |
| Total Program Service Expenses | $700,332 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Silva Sedrakian Executive Director | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6174891610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 Concord Ave | AddressLine1Txt |
| City | Belmont | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02478 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Ara Araz | ||||||
| Chairperson | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Margaret Mgrublian | ||||||
| Vice Chairperson | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Bruce W Roat | ||||||
| Treasurer | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Nancy R Kolligian | ||||||
| Advisor | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Mark Momjian | ||||||
| Advisor | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Arlene Saryan Alexander | ||||||
| Advisor | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Dr Henry C Theriault | ||||||
| Advisor | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Dr Nick Akgulian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Brian Ansbigian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Mihran Aroian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Jirair Balayan | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Susan E Barba | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Roupen Berberian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Bobelian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Sharon Chekijian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Ani Hovannisian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Gregory Ketabgian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Joan E Kolligian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Nancy Kricorian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Stephen A Kurkjian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Armineh Mirzabegian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Khatchig Mouradian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Anna Ohanyan | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Gerald Papazian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Mary Papazian | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Judith Saryan | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Shushan M Teager | ||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Silva Sedrakian | ||||||
| Executive Director | 40.00 | Yes (X) | $95,680 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $95,680 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $178,835 | MembershipDuesAmt |
| Fundraising | $190,749 | FundraisingAmt |
| All Other Contributions | $747,476 | AllOtherContributionsAmt |
| Total Contributions | $1,117,060 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,215 | TotalRevenueColumnAmt |
| Exclusion | $69,215 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $860,744 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $818,365 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,379 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,379 | TotalRevenueColumnAmt |
| Exclusion | $42,379 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $190,749 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $66,351 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$66,351 | TotalRevenueColumnAmt |
| Exclusion | -$66,351 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $45,610 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $25,498 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,112 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,112 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,182,415 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,112 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $45,243 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,580 | TotalAmt |
| Program Services | $31,580 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,309 | TotalAmt |
| Program Services | $87,309 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,680 | TotalAmt |
| Program Services | $4,784 | ProgramServicesAmt |
| Management And General | $45,448 | ManagementAndGeneralAmt |
| Fundraising | $45,448 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,127 | TotalAmt |
| Program Services | $233,646 | ProgramServicesAmt |
| Management And General | $27,928 | ManagementAndGeneralAmt |
| Fundraising | $15,553 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,307 | TotalAmt |
| Program Services | $20,663 | ProgramServicesAmt |
| Management And General | $6,357 | ManagementAndGeneralAmt |
| Fundraising | $5,287 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475 | TotalAmt |
| Management And General | $475 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,969 | TotalAmt |
| Management And General | $14,969 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,490 | TotalAmt |
| Management And General | $31,490 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,667 | TotalAmt |
| Program Services | $5,024 | ProgramServicesAmt |
| Management And General | $3,643 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,225 | TotalAmt |
| Program Services | $20,136 | ProgramServicesAmt |
| Management And General | $7,830 | ManagementAndGeneralAmt |
| Fundraising | $3,259 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,593 | TotalAmt |
| Program Services | $16,368 | ProgramServicesAmt |
| Management And General | $5,037 | ManagementAndGeneralAmt |
| Fundraising | $4,188 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,295 | TotalAmt |
| Program Services | $55,753 | ProgramServicesAmt |
| Management And General | $5,880 | ManagementAndGeneralAmt |
| Fundraising | $662 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,991 | TotalAmt |
| Program Services | $4,991 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,502 | TotalAmt |
| Program Services | $6,502 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39 | TotalAmt |
| Management And General | $39 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,210 | TotalAmt |
| Program Services | $195,298 | ProgramServicesAmt |
| Management And General | $20,596 | ManagementAndGeneralAmt |
| Fundraising | $2,316 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,501 | TotalAmt |
| Program Services | $7,609 | ProgramServicesAmt |
| Management And General | $802 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Library Maintenance | Desc |
| Total | $10,669 | TotalAmt |
| Program Services | $10,669 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $947,629 | TotalAmt |
| Program Services | $700,332 | ProgramServicesAmt |
| Management And General | $170,494 | ManagementAndGeneralAmt |
| Fundraising | $76,803 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,009 | BOYAmt |
| EOY | $313,074 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,514 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,689 | BOYAmt |
| EOY | $103,923 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,000 | BOYAmt |
| EOY | $5,835 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,892,710 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $887,378 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,223,542 | BOYAmt |
| EOY | $7,005,332 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,461,608 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,287,454 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $587,057 | BOYAmt |
| EOY | $587,057 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,721,419 | BOYAmt |
| EOY | $11,302,675 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,563 | BOYAmt |
| EOY | $2,575 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,563 | BOYAmt |
| EOY | $2,575 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,573,632 | BOYAmt |
| EOY | $10,065,193 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,144,224 | BOYAmt |
| EOY | $1,234,907 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,717,856 | BOYAmt |
| EOY | $11,300,100 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,721,419 | BOYAmt |
| EOY | $11,302,675 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $234,786 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $347,458 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $262,006 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $365,198 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,205,916 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,190,410 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,117,060 | CurrentTaxYearAmt |
| Total | $4,140,590 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $439,421 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $82,869 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $362,246 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,339 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,610 | CurrentTaxYearAmt |
| Total | $963,485 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $701,427 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $448,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,568,162 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,223,749 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,162,670 | CurrentTaxYearAmt |
| Total | $5,104,075 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $5,104,075 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $278,846 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $40,983 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69,215 | CurrentTaxYearAmt |
| Total | $389,044 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $278,846 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $40,983 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69,215 | CurrentTaxYearAmt |
| Total | $389,044 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,327 | CurrentTaxYearMinus4YearsAmt |
| Total | $55,327 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,035,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $448,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,568,162 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,264,732 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,231,885 | CurrentTaxYearAmt |
| Total | $5,548,446 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.91990 | PublicSupportCY509Pct |
| Public Support PY509 | 0.91650 | PublicSupportPY509Pct |
| Investment Income CY | 0.07010 | InvestmentIncomeCYPct |
| Investment Income PY | 0.06880 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $587,057 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,461,608 | BeginningYearBalanceAmt |
| Contributions | $525,290 | ContributionsAmt |
| Investment Earnings Or Losses | $427,562 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $127,006 | OtherExpendituresAmt |
| End Year Balance | $3,287,454 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,397,136 | BeginningYearBalanceAmt |
| Contributions | $456,705 | ContributionsAmt |
| Investment Earnings Or Losses | -$264,255 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $127,978 | OtherExpendituresAmt |
| End Year Balance | $2,461,608 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.77620 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.17480 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04900 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $712,500 | OtherCostOrOtherBasisAmt |
| Book Value | $712,500 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,984,632 | OtherCostOrOtherBasisAmt |
| Depreciation | $727,170 | DepreciationAmt |
| Book Value | $6,257,462 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $195,578 | OtherCostOrOtherBasisAmt |
| Depreciation | $160,208 | DepreciationAmt |
| Book Value | $35,370 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,005,332 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Common Stocks | $2,022,877 | F |
| Mutual Funds | $62,795 | F |
| Corporate Bonds | $499,406 | F |
| US Treasury Securities | $223,447 | F |
| Other Securities | $87,198 | F |
| Fidelity Treasury Money Market | $391,731 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,287,454 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Library and collections | Desc |
| Book Value | $587,057 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $587,057 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | $1,590,232 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $347,458 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $347,458 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,242,774 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $31,490 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$91,849 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$60,359 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,182,415 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,007,988 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $91,849 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $91,849 | ExpensesNotReportedAmt |
| Expenses Subtotal | $916,139 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $31,490 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $31,490 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $947,629 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The library consists of a collection of books, pamphlets, maps and similar materials maintained by the Organization. Purchases of collection items are stated at cost and donated collection items are recorded at fair value at the date of accession. Collection items are not depreciated since the Organization has the means to maintain them. The Organization's collections are protected, kept unencumbered, cared for, and preserved. As a matter of policy, the proceeds of items in collections that are sold will be used to acquire other items for collections and for the direct care of collection items. The Organization considers direct care to entail actions that enhance the usefulness or quality of the collection items to ensure they will continue to benefit the public. No collection items were sold during the year ended December 31, 2023. |
| Part V, Line 4: | The Organization's endowment funds include both donor-restricted endowment funds and funds designated by the Board of Directors to function as endowment. As required by accounting principles generally accepted in the United States of America, net asset associated with endowment funds, including funds designated by the Board of Directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The Organization classifies as net assets with donor restrictions the original value of gifts donated to the endowment held in perpetuity. The remaining portion of the donor-restricted endowment fund is classified as net assets with donor restrictions until those amounts are appropriated for expenditure by the Organization's spending policy and in accordance with the original restriction on the gift. Realized and unrealized gains and losses, and investment income are allocated to each individual fund based on the relationship of its fair value to the total fair value of all investments held in the endowment using an average at the beginning and end of the calendar year. The Organization adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding supported by its endowment by utilizing the endowment investment returns during the year while seeking to maintain the purchasing power of the endowment assets. Under this policy, as approved by the Board of Directors, the endowment assets are invested in a manner that is intended to enhance or preserve the long-term purchasing power, while assuming a moderate level of investment risk. In establishing this policy, the Organization considered the long-term expected return on its endowment. To satisfy its long-term rate-of-return objectives, the Organization utilized a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The Organization targets a diversified asset allocation that places an emphasis on equity-based investments to achieve its long-term objectives within prudent risk constraints. |
| Part XI, Line 4b - Other Adjustments: | Cost of sales -25,498. Fundraising expenes -66,351. |
| Part XII, Line 2d - Other Adjustments: | Cost of sales 25,498. Fundraising expenses 66,351. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Christina Maranci Mashtots Chair | Event1Nm |
| Gross Receipts Event1 | $154,264 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $154,264 | CharitableContriEvent1Amt |
| Food And Beverage Event1 | $34,363 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $6,058 | OtherDirectExpensesEvent1Amt |
| Event2 | Expanding Horizons West Coast | Event2Nm |
| Gross Receipts Event2 | $36,485 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $36,485 | CharitableContriEvent2Amt |
| Rent Facility Costs Event2 | $2,188 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $20,029 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $3,713 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $190,749 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $190,749 | CharitableContributionsTotAmt |
| Rent Fclty Costs Total Events | $2,188 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $54,392 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $9,771 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $66,351 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$66,351 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| The UCLA Foundation | ||||||||
| 10889 Wilshire Blvd 1100 | Los Angeles | CA | 90024 | 952250801 | 3 | $10,000 | $0 | Co-Sponsorship of Conference |
| Armenian Cultural Association of America (ACAA) | ||||||||
| 80 Bigelow Avenue | Watertown | MA | 02472 | 042552239 | 3 | $9,000 | $0 | Specialist time for archiving |
| Northeast Document Conservation Center | ||||||||
| 100 Brickstone Square 4th Floor | Andover | MA | 018101494 | 237349330 | 3 | $7,193 | $0 | Preservation assessment of the Library |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Columbia Programs | 10 | $23,947 |
| Honorarium | 3 | $1,250 |
| Knights of Vartun Fund for Armenian Studies | 5 | $4,000 |
| Sona Aronian Award | 3 | $2,750 |
| Academic Grants | 37 | $55,336 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | NAASR monitors the use of grant funds through submission of financial reports from the grantees. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Judith Saryan and Arlene Saryan Alexander have a family relationship. Nancy R. Kolligian and Joan E. Kolligian have a family relationship. |
| Form 990, Part VI, Section A, line 6 | NAASR has one classes of member: voting members. |
| Form 990, Part VI, Section A, line 7a | Voting members have the right to vote in the annual election of members to the Board, on proposed amendments to or restatement of the Articles of Organization, on proposed amendments to the Bylaws, on merger of the Corporation, on public policy positions to be adopted by the Corporation, on any other matters that are required by state or federal law to be decided by Members, and on any other matters that may be referred by the Board to the Voting Members for a vote. |
| Form 990, Part VI, Section B, line 11b | The Treasurer, Chairperson and Audit Committee receive a copy of Form 990. The Treasurer, Executive Director and Chairperson review the Form 990. |
| Form 990, Part VI, Section C, line 19 | The annual audited financial statements are attached to the MA Form PC filed with the Attorney General's office. This form is open to public inspection. The governing documents are not available to the public. |
| Form 990: Part XII, Line 2c: | This process has not changed from the prior year. |
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