American Institute for Roman Culture Inc

Analysis

American Institute for Roman Culture Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Institute for Roman Culture Inc reported income of $164k and spending of $119k, leaving 27% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $197k to $164k (-17%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Institute for Roman Culture Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Hijos Del Sol Arts Productions ($164k), Veterans Memorial Museum Foundation Inc ($164k) and Epoch Arts Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $30k (25% of expenses). Other salaries and wages came to $9,600. At year end it held assets of $190k against liabilities of $2,357, net assets of $187k. It reported 2 employees.