ASSOCIATION FOR CULTURAL INTERCHANGE INC Charity Report

Public IRS 990 nonprofit record

ASSOCIATION FOR CULTURAL INTERCHANGE INC

EIN 52-6054124 · International, Foreign Affairs & National Security (Q122)

What they do

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. ACIS PROGRAM is CARRIED OUT IN THE UNITED STATES and FOREIGN COUNTRIES. ACI ACHIEVES THIS BY PROVIDING GRANTS and LOANS THAT ARE INTEREST-FREE or BEAR BELOW-MARKET INTEREST RATES to ORGANIZATIONS THAT FOSTER and FACILITATE CHARITABLE and EDUCATIONAL PROGRAMS. ACI ALSO OWNS and MAINTAINS REAL PROPERTY FACILITIES IN ITALY and ISRAEL. THOSE FACILITIES ARE MADE AVAILABLE RENT-FREE to EDUCATIONAL and CULTURAL INSTITUTIONS OPERATED BY NOT-FOR-PROFIT ORGANIZATIONS. ACI ALSO OWNS and OPERATES THE SAXUM CENTER IN ISRAEL WHICH OFFER WORKSHOPS, CONFERENCES and SPIRITUAL RETREATS; AS WELL AS A VISITOR CENTER PROVIDING ORIENTATION for PILGIRMS to THE HOLY LAND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.09%of revenue went to mission work92.3% of expenses · Program services

$74.85spent for every $100 of revenueRevenue covered expenses this year.

5.76%of revenue went to management and office costs7.7% of expenses

$20.34in assets for every $1 spent this yearSome assets cannot be spent right away.

72.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $140,000 for ANDREW P OMEARA (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,914,263

Mission workProgram services$10,995,40069.09% of revenue92.3% of expenses

ManagementOffice and general costs$916,1095.76% of revenue7.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$4,002,75425.15% of revenueShown in gray on the chart

Total expenses$11,911,50974.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 74.85% of revenue

2023Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 74.19% of revenue

2022Expense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 114.38% of revenue

2021Expense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 30.42% of revenue

2020Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 176.90% of revenue

2019Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 79.00% of revenue

2018Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 87.18% of revenue

2017Expense mix: 87.5% mission · 11.1% management · 1.4% fundraisingTotal expenses: 30.91% of revenue

Money in and money out

Revenue$15,914,263

Expenses$11,911,509

Annual surplus $4,002,754 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,995,400 · 92.3% of expenses

Management and office costs$916,109 · 7.7% of expenses

See all reported dollar amounts

Revenue$15,914,263

Expenses$11,911,509

Assets$242,244,285

Income$67,708,897

Contributions$11,468,179

Mission work (program services)$10,995,400

Grants given$1,899,980

Average grant$135,713

Management and general$916,109

Executive compensation (total)$137,670

Stocks and bonds$111,618,881

Accounting fees$18,707

Investing fees$415,765

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREW P OMEARAEXECUTIVE DIRECTOR · 40 hrs/week $140,000

WILLIAM P ORCHARDPRESIDENT/DIREC · 40 hrs/week $105,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ANDREW P OMEARAEXECUTIVE DIRECTOR

WILLIAM P ORCHARDPRESIDENT/DIREC

BRENDAN F QUIGLEYSECRETARY/DIRECTOR

FEDERICO RIERA-MARSAV.P./TREASURER/DIRECTOR

JOHN E FAGANDIRECTOR

JULIEN NAGOREDIRECTOR

LUIS E TELLEZDIRECTOR

TIMOTHY BARRYDIRECTOR

About this charity

Recognized since: January 1962
Location: 420 LEXINGTON AVENUE 300, NEW YORK, NY 10170
County: New York
In care of: WILLIAM P ORCHARD
Primary officer: WILLIAM P ORCHARD, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 297-6199

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ROGOFF & COMPANY PC
NTEE classification: International, Foreign Affairs & National Security (Q122)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes