Iranian American Cultural And Educational Center is located in Sacramento, CA. The organization was established in 2011. 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. Iranian American Cultural And Educational Center 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, Iranian American Cultural And Educational Center generated $107.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $113.6k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 2 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
TO ENHANCE AND PROMULAGATE CULTURAL AND EDUCATIONAL UNDERSTANDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mr Golshani Chairman | 40 | $0 | |
Cyrus Yousefi Member | 1 | $0 | |
Majid Rahimian Member | 1 | $0 | |
Homayra Soroshian Secretary | 1 | $0 | |
Farhad Managhebi Member | 1 | $0 | |
Sean Lolaee Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,705 |
Total Program Service Revenue | $47,220 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $107,925 |
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 | $42,608 |
Occupancy, rent, utilities, and maintenance | $18,990 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $52,036 |
Total expenses | $113,634 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,121 |
Other assets | $0 |
Total assets | $9,993 |
Total liabilities | $5,000 |
Net assets or fund balances | $4,993 |