UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC

EIN: 135605197 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$112,422
Total Expenses
$76,087
Total Assets
$2,353,996
Net Assets
$2,352,644
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
NY
Principal Officer
Albert Kipa
Phone
2122221866
Tax Period
2023-01-01 to 2023-12-31

UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC, founded in 1953, is a small nonprofit in the Arts, Culture & Humanities sector that reported $112K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $36K, a strong 32% operating margin.

Mission

Research, advancement and promotion of Ukrainian studies and culture in the United States.

Program Service Accomplishments

Program 1
Expenses: $55,830 Revenue: $50,120

Promote Ukrainian studies by maintaining a library and archives for members, scholars, and the general public interested in Ukrainian history, culture and language.

Program 2
Expenses: $3,046 Revenue: $100

Publish scholarly works on Ukrainian history, culture and to promote research and journalism.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,941
Program Service Revenue $0
Investment Income $41,481
Other Revenue $0
TOTAL REVENUE $112,422

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,053
Fundraising Expenses $0
Program Expenses $58,876
Other Expenses $44,034
TOTAL EXPENSES $76,087

Year-over-Year Comparison

2023 2022 Change
Revenue $112,422 $139,267 -0.2%
Expenses $76,087 $82,908 -0.1%
Net Income $36,335 $56,359 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
12

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Albert Kipa PhD President and acting Treasurer 18.00
Officer Director
$0 $0 $0
Anna Procyk PhD Learned Secretary 0.5
Officer Director
$0 $0 $0
Mykola Doliba PhD Board Member 0.5
Director
$0 $0 $0
Myroslava Znayenko Board Member 0.5
Director
$0 $0 $0
Theodor Kostiuk PhD Board Member 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $112,422 $76,087 $2,353,996 $36,335
2022 $139,267 $82,908 $2,265,019 $56,359
2021 $75,600 $61,685 $2,074,248 $13,915
2020 $98,548 $55,045 $2,053,741 $43,503
2019 $74,796 $96,437 $1,981,327 $-21,641
2018 $118,055 $91,730 $1,974,356 $26,325
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare UKRAINIAN ACADEMY OF ARTS & SCIENCES IN THE U S INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.