Overview

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Est.

2018

Fiscal Year Start

Apr 1

Organization Type

Grantseeker

AI Summary

SERICA INITIATIVE INC, with EIN 82-5076065, is a nonprofit organization dedicated to enhancing cultural awareness by amplifying the impact of the Asian diaspora in America through storytelling, empowerment, and convening. Operating with a budget of $767.8K and generating total revenue of $718.5K, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.sericainitiative.org.

Mission Statement

THE SERICA INITIATIVE INC. AMPLIFIES THE IMPACT OF THE ASIAN DIASPORA IN AMERICA THROUGH STORYTELLING, EMPOWERING AND CONVENING.
Revenues
$718.5K
Expenses
$767.8K
Net Income:
-$49.3K
Assets
$223.8K
Liabilities
$69.3K
Net Assets:
+$154.5K
Operating Budget
$767.8K
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
9
Median grant size
$15K
Largest grant received
$50K
A
Andrea Louie
Board Member
A
Anla Cheng
Board Member
C
Charlotte Ackert
Board Member

Frequently Asked Questions

What is SERICA INITIATIVE INC’s budget?
In 2025, SERICA INITIATIVE INC reported an annual operating budget of around $768 thousand. More detailed financial information is available to registered users.
What causes does SERICA INITIATIVE INC support?
SERICA INITIATIVE INC supports work in Cultural awareness.
Where does SERICA INITIATIVE INC operate?
SERICA INITIATIVE INC is headquartered in New York, NY.
Who funded SERICA INITIATIVE INC recently?
In 2024, SERICA INITIATIVE INC received grants from Rockefeller Philanthropy Advisors Inc, DRUCKENMILLER FOUNDATION, and SWIG FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SERICA INITIATIVE INC received in 2024?
The largest grant to SERICA INITIATIVE INC in 2024 exceeds $50 thousand.