Overview

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Est.

1996

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Asian Arts Initiative, identified by EIN 23-2827657, is a nonprofit organization dedicated to fostering cultural awareness through community-based arts. With an operating budget of $2.3 million and total revenue of $2 million for the 2024 filing year, the initiative offers performances, exhibitions, workshops, and training for artists, youth, and adults. The organization does not rely on a single funder for 50% or more of its revenue and can be explored further at their website, http://www.asianartsinitiative.org.

Mission Statement

THE ASIAN ARTS INITIATIVE OFFERS PERFORMANCES, EXHIBITIONS, WORKSHOPS AND TRAINING FOR ARTISTS,YOUTH AND ADULTS WHO SHARE ITS MISSION OF COMMUNITY BASED ARTS.
Revenues
$2M
Expenses
$2.6M
Net Income:
-$607.9K
Assets
$8.8M
Liabilities
$278K
Net Assets:
+$8.5M
Operating Budget
$2.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
18
Median grant size
$13.3K
Largest grant received
$200K
A
Anne Ishii
Board Member
E
Eva Ray
Board Member
S
Sandra Clark
Board Member

Frequently Asked Questions

What is Asian Arts Initiative’s budget?
In 2024, Asian Arts Initiative reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does Asian Arts Initiative support?
Asian Arts Initiative supports work in Cultural awareness.
Where does Asian Arts Initiative operate?
Asian Arts Initiative is headquartered in Philadelphia, PA.
Who funded Asian Arts Initiative recently?
In 2025, Asian Arts Initiative received grants from ROSENLUND FAMILY FOUNDATION INV MGR, THE WILLIAM PENN FOUNDATION, and NATIONAL PHILANTHROPIC TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant Asian Arts Initiative received in 2024?
The largest grant to Asian Arts Initiative in 2024 exceeds $200 thousand.
What is Asian Arts Initiative’s reliance on government grants?
Asian Arts Initiative relied on government grants for more than 10% of their total revenue in 2024.