Institute For Mediterranean Affairs Inc
- Assets
- $703.7k
- Revenue
- $48.9k
- Investments
- $695.1k
- Employees
- 0
- Location
- Wynnewood, PA
- Founding
- 03/1960
- Data as of
- 12/2022
- EIN
- 13-6161500
Organization Overview
Institute For Mediterranean Affairs Inc is located in Wynnewood, PA. The organization was established in 1960. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Mediterranean Affairs 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 12/2022, Institute For Mediterranean Affairs Inc generated $48.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $102.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Institute For Mediterranean Affairs Inc has awarded 12 individual grants totaling $141,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERFAITH TASKFORCE FOR AMERICANS AND ISRAEL
THE INSTITUTE FOR ISRAELI THOUGHT
ISRAEL ENDOWMENT FUNDS, INC.
FRIENDS OF ISRAEL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Yampolsky President & Director | 2 | $0 | |
Rebecca Kook Doron Vice Pres/sec & Director | 5 | $0 | |
Nili Kook Vice Pres/asst Treas & Director | 0.5 | $0 | |
Emanuel Kook Director | 0.5 | $0 | |
Astra Kook Temko Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $41,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,042 |
| Capital Gain Net Income | $7,042 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,970 |
| Total operating and administrative expenses | $41,090 |
| Contributions, gifts, grants paid | $61,600 |
| Total expenses and disbursements | $102,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,632 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $703,703 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Institute For Mediterranean Affairs Inc has awarded $61,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
INTERFAITH TASKFORCE FOR AMERICANS AND ISRAEL PURPOSE: GENERAL PURPOSE | $10,000 |
THE INSTITUTE FOR ISRAELI THOUGHT PURPOSE: GENERAL PURPOSE | $11,600 |
PEF ISRAEL ENDOWMENT FUNDS INC PURPOSE: GENERAL PURPOSE | $25,000 |
STAND WITH US PURPOSE: GENERAL PURPOSE | $5,000 |
FRIENDS OF ISRAEL PURPOSE: GENERAL PURPOSE | $10,000 |