America Israel Cultural Foundation Inc
America Israel Cultural Foundation Inc reports a financial surplus in 2023 after several years of operating deficits.
EIN: 131664048 · New York, NY · NTEE: A120 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3,393,656 |
| Net Assets | $5.1M |
| Transparency Score | 75/100 |
Is America Israel Cultural Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
America Israel Cultural Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About America Israel Cultural Foundation Inc
America Israel Cultural Foundation Inc (EIN: 131664048) is a nonprofit organization based in New York, NY, classified under NTEE code A120. The organization reported total revenue of $3.2M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of America Israel Cultural Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
America Israel Cultural Foundation Inc is a mid-size nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$583K |
| Total Assets | $5.2M |
| Total Liabilities | $93K |
| Net Assets | $5.1M |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, America Israel Cultural Foundation Inc reported a surplus of $583K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), America Israel Cultural Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.4% | +7.2% | +12.2% |
| 2022 | -35.6% | -25.0% | -18.8% |
| 2021 | -15.7% | -22.6% | -20.1% |
| 2020 | +85.4% | +36.9% | +20.6% |
| 2019 | -39.4% | +29.1% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates America Israel Cultural Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, America Israel Cultural Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $583K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation in its IRS 990 filings, which suggests either that no officers receive compensation or that compensation is reported in a different section of the filing, requiring further scrutiny to fully assess executive pay relative to the organization's size and revenue, which was $3,393,656 in 2023.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of America Israel Cultural Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may indicate compensation is reported elsewhere or a lack of paid leadership, warranting further investigation.
- Operating deficits in multiple years (e.g., 2022, 2021, 2020, 2019, 2017, 2016), indicating expenses exceeded revenue in those periods.
Strengths
The following positive indicators were identified for America Israel Cultural Foundation Inc:
- Positive net income in the latest filing (2023: $582,859), reversing a trend of operating deficits.
- Strong asset base, consistently above $4.6 million, providing financial stability.
- Low liabilities relative to assets, indicating good financial health and limited debt.
- Consistent reporting of 0% officer compensation, suggesting transparency or a volunteer-led executive structure.
Frequently Asked Questions about America Israel Cultural Foundation Inc
Is America Israel Cultural Foundation Inc a legitimate charity?
America Israel Cultural Foundation Inc (EIN: 131664048) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does America Israel Cultural Foundation Inc spend its money?
America Israel Cultural Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to America Israel Cultural Foundation Inc tax-deductible?
America Israel Cultural Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131664048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the America Israel Cultural Foundation Inc CEO make?
America Israel Cultural Foundation Inc's highest-compensated officer earns $3,393,656 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of America Israel Cultural Foundation Inc's spending goes to programs?
America Israel Cultural Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does America Israel Cultural Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), America Israel Cultural Foundation Inc is above average for NTEE category A120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is America Israel Cultural Foundation Inc located?
America Israel Cultural Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 131664048. It is classified under NTEE code A120.
How many years of IRS 990 filings does America Israel Cultural Foundation Inc have?
America Israel Cultural Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Is America Israel Cultural Foundation Inc a good charity?
Based on the provided data, AICF appears to be a financially stable organization with a recent positive net income. Its consistent reporting of 0% officer compensation is a positive sign for transparency, though further detail on functional expenses would be needed to fully assess program efficiency.
What caused the significant revenue fluctuation between 2014 and 2023?
Revenue has varied significantly, from a high of $5,544,532 in 2014 to a low of $1,381,639 in 2016, and then back up to $3,393,656 in 2023. This fluctuation could be due to varying donor contributions, grant cycles, or specific fundraising campaigns, and would require reviewing the detailed revenue schedules in the 990s.
How does the organization manage its assets given the fluctuations in revenue?
Despite revenue fluctuations, the organization has maintained substantial assets, ranging from $4,659,512 in 2022 to $7,179,264 in 2020. This suggests effective asset management and potentially a healthy endowment or investment strategy to buffer against revenue volatility.
Filing History
IRS 990 filing history for America Israel Cultural Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), America Israel Cultural Foundation Inc's revenue has grown by 142.8%, moving from $1.4M to $3.4M. Total assets decreased by 11.7% over the same period, from $5.9M to $5.2M. Total functional expenses rose by 29.3%, from $2.2M to $2.8M. In its most recent filing year (2023), America Israel Cultural Foundation Inc reported a surplus of $583K, with revenue exceeding expenses. The organization holds $93K in liabilities against $5.2M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.8M | $5.2M | $93K | — | — |
| 2022 | $2.2M | $2.6M | $4.7M | $204K | — | View 990 |
| 2021 | $3.3M | $3.5M | $5.7M | $118K | — | View 990 |
| 2020 | $4.0M | $4.5M | $7.2M | $1.6M | — | View 990 |
| 2019 | $2.1M | $3.3M | $6.0M | $148K | — | View 990 |
| 2018 | $3.5M | $2.6M | $6.4M | $138K | — | View 990 |
| 2017 | $2.1M | $2.9M | $6.1M | $374K | — | — |
| 2016 | $1.4M | $1.7M | $6.4M | $235K | — | View 990 |
| 2015 | $2.3M | $1.9M | $6.7M | $295K | — | View 990 |
| 2014 | $5.5M | $5.5M | $6.8M | $333K | — | View 990 |
| 2013 | $2.4M | $2.6M | $6.6M | $579K | — | View 990 |
| 2012 | $3.1M | $2.5M | $6.5M | $306K | — | View 990 |
| 2011 | $1.4M | $2.2M | $5.9M | $384K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.8M, and assets of $5.2M (revenue +57.4% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.6M, and assets of $4.7M (revenue -35.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.5M, and assets of $5.7M (revenue -15.7% year-over-year).
- 2020: Revenue of $4.0M, expenses of $4.5M, and assets of $7.2M (revenue +85.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $3.3M, and assets of $6.0M (revenue -39.4% year-over-year).
- 2018: Revenue of $3.5M, expenses of $2.6M, and assets of $6.4M (revenue +66.3% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.9M, and assets of $6.1M (revenue +54.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.7M, and assets of $6.4M (revenue -40.3% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.9M, and assets of $6.7M (revenue -58.2% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.5M, and assets of $6.8M (revenue +130.0% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.6M, and assets of $6.6M (revenue -21.3% year-over-year).
- 2012: Revenue of $3.1M, expenses of $2.5M, and assets of $6.5M (revenue +119.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $2.2M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for America Israel Cultural Foundation Inc:
Data Sources and Methodology
This transparency report for America Israel Cultural Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.