Asia-Northwest Cultural Education Association

Analysis

Asia-Northwest Cultural Education Association is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in July 2010, 16 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 2024, Asia-Northwest Cultural Education Association reported income of $3.1m and spending of $3.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $1.4m to $3.1m (+125%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 169%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asia-Northwest Cultural Education Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Quad City Symphony Orchestra Association ($3.1m), Stafford Air & Space Museum Foundation ($3.1m) and Museum of Contemporary Art Inc ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.