ASSOCIATION FOR CULTURAL INTERCHANGE INC

EIN: 526054124 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$11,320,938
Total Expenses
$8,399,408
Total Assets
$221,264,243
Net Assets
$220,986,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
MD
Principal Officer
WILLIAM P ORCHARD
Phone
2122976199
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION FOR CULTURAL INTERCHANGE INC, founded in 1958, is a mid-sized nonprofit in the International Affairs sector that reported $11.3M in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 26% operating margin.

Mission

ACI PROVIDES A PROGRAM OF SUPPORT AND ASSISTANCE TO OTHER NOT-FOR-PROFIT ORGANIZATIONS AND EDUCATIONAL AND VOCATIONAL TRAINING INSTITUTIONS FROM ELEMENTARY LEVEL THROUGH GRADUATE STUDIES. ACI EMPHASIZES THE PROMOTION OF INTERNATIONAL UNDERSTANDING AND THE INTERCHANGE OF IDEAS AND CULTURAL ACTIVITIES AMONG PEOPLE OF DIFFERENT NATIONS. ACI'S PROGRAM IS CARRIED OUT IN THE UNITED STATES AND FOREIGN COUNTRIES.ACI ACHIEVES THIS BY PROVIDING GRANTS AND PROGRAM LOANS, AS WELL AS THE USE OF PHYSICAL FACILITIES, TO ORGANIZATIONS IN THE UNITED STATES AND OTHER COUNTRIES THAT OPERATE IN FURTHERANCE OF ACI'S MISSION. ACI ALSO OWNS AND OPERATES THE SAXUM CENTER ("SAXUM") IN ABU GOSH, ISRAEL. SAXUM CONSISTS OF A CONFERENCE CENTER WHICH OPERATES WORKSHOPS, CONFERENCES AND SPIRITUAL RETREATS; AND A VISITOR CENTER PROVIDING ORIENTATION AND INFORMATION RESOURCES FOR INDIVIDUALS AND GROUPS VISITING THE HOLY LAND.

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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 $2,424,437
Program Service Revenue $990,757
Investment Income $7,964,629
Other Revenue $-58,885
TOTAL REVENUE $11,320,938

Expense Breakdown

Grants Paid $3,348,029
Salaries & Benefits $579,064
Fundraising Expenses $0
Program Expenses $7,409,894
Other Expenses $4,472,315
TOTAL EXPENSES $8,399,408

Year-over-Year Comparison

2023 2022 Change
Revenue $11,320,938 $5,933,961 +0.9%
Expenses $8,399,408 $6,787,299 +0.2%
Net Income $2,921,530 $-853,338 -4.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
3
Volunteers
N/A

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
4
$233,267
Total Directors
7
$109,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FEDERICO RIERA-MARSA V.P./TREASURER/DIRECTOR 4.00
Officer Director
$0 $0 $0
WILLIAM P ORCHARD PRESIDENT/DIREC 40.00
Officer Director
$109,600 $0 $109,600
LUIS E TELLEZ DIRECTOR 1.00
Director
$0 $0 $0
JOHN E FAGAN DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN F QUIGLEY SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
TIMOTHY BARRY DIRECTOR 1.00
Director
$0 $0 $0
JULIEN NAGORE DIRECTOR 2.00
Director
$0 $0 $0
ANDREW P O'MEARA EXECUTIVE DIRECTOR 40.00
Officer
$123,667 $0 $123,667
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 $11,320,938 $8,399,408 $221,264,243 $2,921,530
2022 $5,933,961 $6,787,299 $211,426,576 $-853,338
2021 $20,017,646 $6,088,385 $233,666,936 $13,929,261
2020 $3,456,125 $6,113,716 $220,630,168 $-2,657,591
2019 $7,038,030 $5,559,732 $206,831,199 $1,478,298
2018 $10,677,329 $9,308,284 $188,402,555 $1,369,045
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