American Institute of Polish Culture Inc

Analysis

American Institute of Polish Culture Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, American Institute of Polish Culture Inc reported income of $521k and spending of $456k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $632k to $521k (-18%), an average of -6.2% a year. The sharpest change came in the year to June 2021, when income dropped by 47%. Over the whole period it spent 78% 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 of Polish Culture Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Mississippi Sports Foundation Inc ($521k), Korean Christian Broadcasting System ($521k) and Forces of Nature Inc ($521k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Other salaries and wages came to $119k. At year end it held assets of $1.1m against liabilities of $2,606, net assets of $1.1m. It reported 2 employees.