NonprofitsAssociation For Cultural Interchange Inc

International, Foreign Affairs & National Security

Association For Cultural Interchange Inc

NEW YORK, NY

Total revenue

$15.9M

Total expenses

$11.9M

Net assets

$242.0M

Grants received

$7.9M

16 grants

EIN

526054124

Tax year

2024

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.

Programs

2 programs

Developed and maintained institutional properties in jerusalem and rome used by charitable, educational and training institutions. Program expenses include $636,002 in property depreciation.

Expenses: $833K

Saxum center consists of a conference center which operates workshops, conferences and spiritual retreats; as well as a visitor center. Program expenses include $1,839,971 in property depreciation.

Expenses: $2.6M

Financials

FY 2024

Revenue

Contributions & grants$11.5M
Program service revenue$430K
Investment income
Other revenue$4.4M
Total revenue$15.9M

Expenses

Grants paid$7.3M
Salaries & benefits$635K
Fundraising
Other expenses$4.0M
Total expenses$11.9M
Total assets$242.2M
Net assets$242.0M

People

8 listed

NameRoleCompensation

ANDREW P O'MEARA

EXECUTIVE DIRECTOR

Board

$140K

40 hrs/wk

WILLIAM P ORCHARD

PRESIDENT/DIREC

Board

$105K

40 hrs/wk

JOHN E FAGAN

DIRECTOR

Board

1 hrs/wk

FEDERICO RIERA-MARSA

V.P./TREASURER/DIRECTOR

Board

4 hrs/wk

TIMOTHY BARRY

DIRECTOR

Board

1 hrs/wk

JULIEN NAGORE

DIRECTOR

Board

2 hrs/wk

BRENDAN F QUIGLEY

SECRETARY/DIRECTOR

Board

1 hrs/wk

LUIS E TELLEZ

DIRECTOR

Board

1 hrs/wk

Independent contractors

PHILADELPHIA TRUST COMPANY

INVESTMENT MANAGEMENT

$337K

VERUS

INVESTMENT MANAGEMENT

$190K

SHOHAM FINANCIAL SERVICES

ACCOUNTING AND FINANCIAL

$102K

Grants received

Showing 16 of 16

FromAmountPurposeYear
$105K
CAPITAL AND PROGRAM GRANTS
2024
$86K
UNRESTRICTED GENERAL SUPPORT
2024
$5M
HUMAN SERVICES
2023
$530K
CAPITAL AND PROGRAM GRANTS
2023
$555K
CAPITAL AND PROGRAM GRANTS
2022
$11K
INTERNATIONAL, FOREIGN AFFAIRS
2022
$290K
CONSTRUCTION OF CONFERENCE CENTER IN JERUSALEM, ISRAEL
2021
$145K
For recipient's exempt purpose
2021
$25K
To cover International Federation for Family Development operating expenses
2021
$146K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$900K
CAPITAL AND PROGRAM GRANTS
2019
$10K
construction of conference center in Israel
2019
$44K
Construction of conference center in Israel.
2017

Funded by

$7.9M from 9 funders · 16 grants · 2017–2024

National Philanthropic Trust

$5M · 1 grant · 2023

Rosemoor Foundation Inc

$2.1M · 4 grants · 2019–2024

Woodlawn Foundation

$344K · 3 grants · 2017–2021

Vanguard Charitable Endowment Program

$291K · 2 grants · 2020–2021

California Community Foundation

$70K · 2 grants · 2021–2022

Details

EIN526054124
NTEE codeQ122
Subsection03
Ruling date1962-12
Formed1958
Employees3
Volunteers0
ASSOCIATION FOR CULTURAL INTERCHANGE INC — Mission, Financials & Grants Received | Grantivo