American Australian Association Inc
- Assets
- $20.3m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 20
- Location
- New York, NY
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 13-6151807
Organization Overview
American Australian Association Inc is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, American Australian Association Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Australian Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Australian Association Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN AUSTRAILIAN ASSOCIATION'S PURPOSE IS TO BROADEN, STRENGTHEN AND ENCOURAGE TIES BETWEEN THE US AND AUSTRALIA WITH ACTIVE PROGRAMS OF CORPORATE, EDUCATIONAL, ECONOMIC, SOCIAL AND CULTURAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATIONAL PLATFORM FOCUSES ON AAA'S COMMITMENT TO HELPING ADVANCE GRADUATE EDUCATION AND OUR COUNTRIES' ABILITY TO UNLOCK NEW SOLUTIONS TO CHALLENGES AS WELL AS IMPROVING THE QUALITY OF LIFE FOR OUR CITIZENS.
THE LOCAL INITIATIVES FOCUSES ON MEMBERSHIP GROWTH, LOCAL ENGAGEMENT INTHE BUSINESS COMMUNITY AND MAINTAINING AND GROWING MEMBERSHIP.
THE VETERAN PLATFORM FOCUSES ON AAA'S COMMITMENT TO INVESTING IN THE FUTURE OF HONORABLY DISCHARGED AMERICAN AND AUSTRALIAN VETERANS BY SUPPORTING EDUCATIONAL OPPORTUNITIES WHICH BUILD NEW SKILLS AND CREATE PROSPEROUS POST-MILITARY CAREERS.
THE ARTS PLATFORM FOCUSES ON EMERGING AMERICAN, NATIVE AMERICAN, AUSTRALIAN AND INDIGENOUS AUSTRALIAN ARTISTS AND ASSISTING WITH ADVANCING IN STUDY OR TO UNDERTAKE ARTISTIC DEVELOPMENT IN EACH OTHER'S COUNTRIES RESPECTIVELYEXPENSES: $303,710GRANTS: $135,000REVENUE: $0AUSTRALIAN RELIEF PROGRAMS: IN RESPONSE TO THE DEVASTATING BUSHFIRES THAT BURNED OVER 24.7 MILLION ACRES OF LAND IN AUSTRALIA IN EARLY 2020, THE ASSOCIATION ESTABLISHED THE AUSTRALIAN BUSHFIRE RELIEF FUND AND THE AUSTRALIAN WILDLIFE FUND TO FACILITATE RESTRICTED DONATIONS FROM THE UNITED STATES TO BE DIRECTED TO THE AUSTRALIAN RED CROSS FIRE RESPONSE AND TO THREE WILDLIFE ORGANIZATIONS. 100% OF THESE FUNDS WERE SENT TO AUSTRALIA TO SUPPORT RECOVERY PROGRAMS AND EMERGENCY ASSISTANCE FOR PEOPLE AND COMMUNITIES AFFECTED BY BUSHFIRES AND TO PROTECT AND PRESERVE AUSTRALIA'S UNIQUE WILDLIFE THAT HAD BEEN DECIMATED BY THE FIRES. EXPENSES: $156,354GRANTS: $156,354REVENUE: $0OTHER PROGRAMSEXPENSES: $109,508GRANTS: $0REVENUE: $0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Berry President | OfficerTrustee | 40 | $593,400 |
Erin Gray SVP Business Engagement, Partnerships & Developmen | 40 | $170,000 | |
Libbi Swan Dir. Gov't Affairs, Arts & Oper. | 40 | $156,250 | |
Nancy Chapman Director Of Finance | Officer | 40 | $139,550 |
Rollette Lusanta Director Of Technology | 40 | $103,850 | |
Melissa Babbage Vice Chairman | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $239,925 |
| Fundraising events | $2,228,490 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,004,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,473,029 |
| Total Program Service Revenue | $0 |
| Investment income | $303,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $646,776 |
| Net Income from Fundraising Events | -$464,413 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,966,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $455,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $996,354 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $773,602 |
| Compensation of current officers, directors, key employees. | $114,264 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $614,090 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,367 |
| Payroll taxes | $26,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,761 |
| Fees for services: Other | $96,272 |
| Advertising and promotion | $0 |
| Office expenses | $60,602 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $283,035 |
| Travel | $6,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,474 |
| All other expenses | $256 |
| Total functional expenses | $3,532,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712,596 |
| Savings and temporary cash investments | $546,594 |
| Pledges and grants receivable | $329,908 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $249,829 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,490,449 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,329,376 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,378,081 |
| Deferred revenue | $414,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $120,755 |
| Total liabilities | $2,912,836 |
| Net assets without donor restrictions | $14,321,790 |
| Net assets with donor restrictions | $3,094,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,329,376 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that American Australian Association Inc has recieved totaling $65,557.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $35,000 |
Sidley Austin Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $10,000 |
Sidley Austin Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Ty & Julann Warren Family Foundation Bristol, TN PURPOSE: GENERAL FUND | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $57 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Religious Zionist Youth Movement- Bnei Akiva Of The U S & Canada Inc New York, NY | $11,474,326 | $12,564,683 |
Asian Cultural Council Inc New York, NY | $42,424,533 | $6,554,346 |
American Australian Association Inc New York, NY | $20,329,376 | $5,966,095 |
International Academy Of Fine Art New Haven, CT | $7,361,430 | $3,896,682 |
Narrative 4 Inc New York, NY | $1,205,933 | $1,903,403 |
Art Omi Inc Ghent, NY | $43,946,364 | $3,128,359 |
Soliya Inc New York, NY | $378,380 | $2,402,375 |
French Heritage Society Inc New York, NY | $4,346,853 | $2,062,675 |
Oldways Preservation & Exchange Trust Inc Boston, MA | $1,292,816 | $1,750,409 |
American Friends Of The Centre Pompidou Inc New York, NY | $35,443,867 | $1,267,005 |
Cec Artslink Inc New York, NY | $834,274 | $924,449 |
Us China Scitech Education Promotion Association Inc Andover, MA | $129,701 | $738,187 |