American Center For Mongolian Studies
- Assets
- $666.6k
- Revenue
- $214.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 05/2003
- Data as of
- 09/2021
- EIN
- 55-0799211
Organization Overview
American Center For Mongolian Studies is located in Philadelphia, PA. The organization was established in 2003. According to its NTEE Classification (V21) the organization is classified as: Anthropology & Sociology, under the broad grouping of Social Science and related organizations. As of 09/2021, American Center For Mongolian Studies employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Center For Mongolian Studies 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 09/2021, American Center For Mongolian Studies generated $214.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $242.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 6 years. 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
SUPPORTING EDUCATION AND RESEARCH IN AND ABOUT MONGOLIA; SUPPORTING ACADEMIC RESEARCH; OPERATING AN ACADEMIC RESOURCE CENTER IN ULAANBAATAR, MONGOLIA; AND PUBLIC OUTREACH AND EDUCATIONAL ACTIVITIES SUCH AS LECTURES AND LANGUAGE LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIPS/CONFERENCES/LECTURES - THE ORGANIZATION AWARDED A NUMBER OF FELLOWSHIPS FOR FIELD RESEARCH PROJECTS IN 2021. HOWEVER THESE PROGRAMS WERE PUT ON HOLD DUE TO THE GLOBAL PANDEMIC. FELLOWSHIPS WILL BE HONORED WHEN TRAVEL IS ALLOWED TO MONGOLIA. THE ORGANIZATION SPONSORED A SERIES OF LECTURES, WORKSHOPS AND COURSES HELD ONLINE DURING THE YEAR.
RESOURCE CENTER AND LIBRARY IN MONGOLIA - THE ORGANIZATION MAINTAINS A FULLY STAFFED RESOURCE CENTER AND RESEARCH LIBRARY IN ULAANBAATAR, MONGOLIA. THIS CENTER SUPPORTED A RANGE OF PATRONS FROM THE USA, MONGOLIA AND OTHER COUNTRIES WHO UTILIZE THE RESEARCH LIBRARY COLLECTION AND DIGITAL RESOURCES PROVIDED AT THE RESOURCE CENTER. THE ACMS LIBRARIAN PROVIDES RESEARCH SUPPORT TO SCHOLARS THROUGH BOTH IN PERSON AND ONLINE CONSULTATION.
ACMS RUNS AN INTENSIVE MONGOLIAN LANGUAGE PROGRAM AND CUSTOMIZED ACADEMIC STUDY TOURS AND CULTURAL TRAININGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Charles Krusekopf Director | OfficerTrustee | 10 | $18,000 |
Bolor Minjin Executive Director | OfficerTrustee | 24 | $12,501 |
Meredith Giordano Treasurer | OfficerTrustee | 1 | $0 |
Paula Depriest Vice President | OfficerTrustee | 1 | $0 |
William Fitzhugh President | OfficerTrustee | 1 | $0 |
Julian Dierkes Inst Rep Uni Of Bc | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $156,346 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,943 |
| Noncash contributions included in lines 1a–1f | $245 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,339 |
| Total Program Service Revenue | $25,788 |
| Investment income | $6,909 |
| 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 | $214,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,029 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,004 |
| Compensation of current officers, directors, key employees. | $12,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,806 |
| Payroll taxes | $8,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,400 |
| Advertising and promotion | $0 |
| Office expenses | $6,088 |
| Information technology | $351 |
| Royalties | $0 |
| Occupancy | $12,771 |
| Travel | $9,242 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,658 |
| Insurance | $3,359 |
| All other expenses | $10,997 |
| Total functional expenses | $242,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,000 |
| Savings and temporary cash investments | $434,394 |
| Pledges and grants receivable | $17,244 |
| 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 | $322 |
| Net Land, buildings, and equipment | $8,188 |
| Investments—publicly traded securities | $173,494 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $666,642 |
| Accounts payable and accrued expenses | $4,563 |
| 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 | $4,563 |
| Net assets without donor restrictions | $486,991 |
| Net assets with donor restrictions | $175,088 |
| 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 | $666,642 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Center For Mongolian Studies has recieved totaling $140,069.
| Awarding Organization | Amount |
|---|---|
Henry Luce Foundation Inc New York, NY PURPOSE: MONGOLIA FIELD SCHOOL | $140,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For The Study Of Evolution Inc Kent, OH | $5,834,706 | $948,080 |
American Center For Mongolian Studies Philadelphia, PA | $666,642 | $214,036 |
Eastern Sociological Society Inc Dept Of Sociology Park 420 Wayne, NJ | $585,916 | $132,224 |
American Journal Of Economics And Sociology Inc Princeton, NJ | $280,509 | $0 |
North American Society For The Sociology Of Sport College Park, MD | $165,527 | $0 |
Israelpromise Inc Scarsdale, NY | $19,717 | $0 |