The American Center Of Research Incorporated is located in Alexandria, VA. The organization was established in 1971. According to its NTEE Classification (A05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, American Center Of Research Incorporated employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Center Of Research Incorporated 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, American Center Of Research Incorporated generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 60.6% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN CENTER OF RESEARCH (ACOR) IS A NON-PROFIT ACADEMIC, EDUCATIONAL, AND SCIENTIFIC INSTITUTION, WHICH ADVANCES UNDERSTANDING OF JORDAN AND THE MIDDLE EAST, PAST AND PRESENT. WE PROMOTE AND SUPPORT RESEARCH ACROSS A BROAD SWATH OF THE SOCIAL, NATURAL AND PHYSICAL SCIENCES, HUMANITIES, AND THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL HERITAGE-RELATED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pearce Paul Creasman Acor Executive Director | Trustee | 50 | $134,567 |
Edward W Gnehm Jr President | OfficerTrustee | 1 | $0 |
Abdelelah Al Khatib First Vice President | OfficerTrustee | 1 | $0 |
Anne H Aarnes Secretary | OfficerTrustee | 1 | $0 |
Megan A Perry Member Of The Board | Trustee | 1 | $0 |
James Murren Member Of The Board | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,699,288 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,345 |
| Noncash contributions included in lines 1a–1f | $1,876,666 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,843,633 |
| Total Program Service Revenue | $567,391 |
| Investment income | $359,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,770,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,359,407 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,624 |
| Fees for services: Accounting | $28,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $146,295 |
| Travel | $17,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,729 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,443 |
| Insurance | $12,237 |
| All other expenses | $117,687 |
| Total functional expenses | $2,904,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,797 |
| Savings and temporary cash investments | $415,999 |
| Pledges and grants receivable | $4,033,183 |
| Accounts receivable, net | $43,352 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $112,748 |
| Prepaid expenses and deferred charges | $26,525 |
| Net Land, buildings, and equipment | $2,216,077 |
| Investments—publicly traded securities | $7,067,218 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,931,899 |
| Accounts payable and accrued expenses | $158,711 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $158,711 |
| Net assets without donor restrictions | $7,675,891 |
| Net assets with donor restrictions | $6,097,297 |
| 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 | $13,931,899 |