Asian Cine-Vision Inc

Analysis

Asian Cine-Vision Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asian Cine-Vision Inc reported income of $204k and spending of $364k, spending 179% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $299k to $204k (-32%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian Cine-Vision Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Seattle Architectural Foundation ($204k), Mauliola Keehi ($204k) and Harmony South Dakota Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $10k. At year end it held assets of $219k against liabilities of $128k, net assets of $91k.