World Lebanese Cultural Union Inc is located in Staten Island, NY. The organization was established in 2009. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Lebanese Cultural Union 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 04/2023, World Lebanese Cultural Union Inc generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $6.1k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE DEVELOPMENT OF EDUCATION, CULTURAL, AND CHARITABLE ACTIVITIES BETWEEN THE UNITED STATES OF AMERICA AND THE REPUBLIC OF LEBANON.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Hani President | 0 | $0 | |
George Abi Raad Secretary | 0 | $0 | |
Juan Saliba Vice President | 0 | $0 | |
Soly Asmar Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,814 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,333 |
| Total expenses | $6,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,101 |
| Other assets | $0 |
| Total assets | $2,101 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,101 |