Asian Pacific Islander Cultural Center

EIN: 943295968 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$845,883
Total Expenses
$769,976
Total Assets
$500,613
Net Assets
$359,227
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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
1996
Legal Domicile
CA
Principal Officer
Vinay Patel
Phone
4158299467
Tax Period
2024-07-01 to 2025-06-30

Asian Pacific Islander Cultural Center, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $846K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $770K left a modest 9% surplus.

Mission

The center promotes the artistic and organizational growth of the San Francisco Bay Areas Asian Pacific arts community by organizing and presenting the annual United States of Asian America Festival

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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 (2024)

Revenue Breakdown

Contributions & Grants $620,965
Program Service Revenue $224,504
Investment Income $414
Other Revenue $0
TOTAL REVENUE $845,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $121,339
Fundraising Expenses $14,087
Program Expenses $674,685
Other Expenses $648,637
TOTAL EXPENSES $769,976

Year-over-Year Comparison

2024 2023 Change
Revenue $845,883 $1,003,306 -0.2%
Expenses $769,976 $855,906 -0.1%
Net Income $75,907 $147,400 -0.5%
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
4
Independent Members
3
Employees
4
Volunteers
10

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
3
$0
Total Directors
4
$30,211
Key Employees
1
$30,211
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vinay Patel Executive Dir. 040.00
Director Key Emp
$30,211 $0 $30,211
Janey Madamba President 001.00
Officer Director
$0 $0 $0
Yukiya Jerry Waki Secretary 001.00
Officer Director
$0 $0 $0
Pamela Wu Kochiyama Treasurer 001.00
Officer 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
2025 $845,883 $769,976 $500,613 $75,907
2024 $1,003,306 $855,906 $400,222 $147,400
2023 $557,313 $546,947 $533,592 $10,366
2022 $672,761 $627,960 $520,658 $44,801
2021 $460,759 $458,489 $493,298 $2,270
2020 $383,706 $376,921 $292,469 $6,785
2019 $417,837 $398,867 $182,765 $18,970
2018 $342,032 $333,812 $98,210 $8,220
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