THE AMERICAN EXPERIENCE FOUNDATION INC

EIN: 300019421 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$584,531
Total Expenses
$422,568
Total Assets
$549,407
Net Assets
$540,917
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
DC
Principal Officer
CLAIRE CARLIN
Phone
2027897076
Tax Period
2023-10-01 to 2024-09-30

THE AMERICAN EXPERIENCE FOUNDATION INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $585K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 28% operating margin.

Mission

THE ORGANIZATION ENRICHES THE LIVES OF STUDENTS THROUGH INSPIRATIONAL TRAVEL EXPERIENCES AND EDUCATIONAL OPPORTUNITIES TO CULTIVATE THE NEXT GENERATION OF HOSPITALITY INDUSTRY LEADERS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $619,497
Program Service Revenue $0
Investment Income $0
Other Revenue $-34,966
TOTAL REVENUE $584,531

Expense Breakdown

Grants Paid $49,177
Salaries & Benefits $234,267
Fundraising Expenses $16,084
Program Expenses $373,887
Other Expenses $139,124
TOTAL EXPENSES $422,568

Year-over-Year Comparison

2023 2022 Change
Revenue $584,531 $386,198 +0.5%
Expenses $422,568 $173,213 +1.4%
Net Income $161,963 $212,985 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
18
Independent Members
17
Employees
N/A
Volunteers
17

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
5
$291,075
Total Directors
18
$1,008,857
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL AKIN CHAIR 2.00
Officer Director
$0 $0 $0
GREG CASTEN VICE CHAIR 2.00
Officer Director
$0 $0 $0
GAIL SMITH-HOWARD TREASURER 2.00
Officer Director
$0 $0 $0
STACY SMITH SECRETARY 2.00
Officer Director
$0 $0 $0
MICHAEL BORRIS BOARD MEMBER 2.00
Director
$0 $0 $0
SKYE CURRY BOARD MEMBER 2.00
Director
$0 $0 $0
ELLIOT FERGUSON BOARD MEMBER 2.00
Director
$0 $49,620 $1,008,857
DAVID GROSSO BOARD MEMBER 2.00
Director
$0 $0 $0
BILL HEATER BOARD MEMBER 2.00
Director
$0 $0 $0
ABBY HIMMELRICH BOARD MEMBER 2.00
Director
$0 $0 $0
DESTINY KIBALAMA BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC KINCAID BOARD MEMBER 2.00
Director
$0 $0 $0
TANISHA LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
ELIF SEN BOARD MEMBER 2.00
Director
$0 $0 $0
RAUF SHAKIR BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN SNEDDEN BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES WILLIAMS II BOARD MEMBER 2.00
Director
$0 $0 $0
ALEX WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
CLAIRE CARLIN EXECUTIVE DIRECTOR 2.00
Officer
$0 $37,003 $291,075
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 $584,531 $422,568 $549,407 $161,963
2023 $386,198 $173,213 $406,994 $212,985
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