Organization of Istanbul Armenians
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$182,702
Contributions
54%
Other
24%
Program Services
15%
Investments
4%
Membership Dues
3%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$227,151
Other
51%
Depreciation
32%
Salaries & Benefits
11%
Offices, Occupancy & IT
3%
Grants
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$132,113
$98,750
-25%
Government Grants
$0
$0
-
Fundraising Events
$8,290
$0
-100%
Program Services
$0
$28,105
-
Membership Dues
$4,250
$4,850
+14%
Investments
$194
$6,897
+3455%
Other
$21,000
$44,100
+110%
Total Revenues
$165,847
$182,702
+10%
Expenses
2023
2024
Change
Grants
$11,212
$4,000
-64%
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,671
$26,074
+6%
Fees to Service Providers
$1,190
$0
-100%
Advertising & Promotion
$1,273
$1,595
+25%
Offices, Occupancy & IT
$12,033
$6,100
-49%
Interest
$0
$0
-
Depreciation
$34,389
$73,370
+113%
Other
$82,333
$116,012
+41%
Total Expenses
$167,101
$227,151
+36%
Net income
2023
2024
Change
Net income
-$1,254
-$44,449
-3445%
Functional Expenses
Summary
2023
2024
Change
Program
$57,486
$55,977
-3%
Admin
$91,729
$171,174
+87%
Fundraising
$17,886
$0
-100%
Total Expenses
$167,101
$227,151
+36%
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