Form 990 for tax year 2023
Filed by NATIONAL ASSOCIATION FOR ARMENIAN STUDIES AND RESEARCH INC.
Totals
- Total revenue
- $1,182,415
- Total expenses
- $947,629
- Contributions and grants received
- $1,117,060
- Grants paid
- $118,889
- Program service revenue
- $0
- Investment income
- $111,594
- Other revenue
- -$46,239
- Total assets, end of year
- $11,302,675
- Total liabilities, end of year
- $2,575
- Net assets or fund balances, end of year
- $11,300,100
- Program services expenses (Part IX)
- $700,332
- Management and general expenses
- $170,494
- Fundraising expenses
- $76,803
- Program service expenses (Part III)
- $700,332
Program services were 73.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$178,835
-
1c · Fundraising events
$190,749
-
1f · All other contributions, gifts and grants
$747,476
-
3 · Investment income
total $69,215 · excluded $69,215
-
7a · Gross sales of assets other than inventory
securities $860,744
-
7b · Less cost or other basis and sales expenses
securities $818,365
-
7c · Gain or loss
securities $42,379
-
7d · Net gain or loss
total $42,379 · excluded $42,379
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$190,749
-
8b · Fundraising events: direct expenses
$66,351
-
8c · Net income from fundraising events
total -$66,351 · excluded -$66,351
-
10a · Gross sales of inventory
$45,610
-
10b · Cost of goods sold
$25,498
-
10c · Net income from sales of inventory
total $20,112 · related or exempt $20,112
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $31,580 · program services $31,580
-
2 · Grants to domestic individuals
total $87,309 · program services $87,309
-
5 · Compensation of officers, directors and key employees
total $95,680 · program services $4,784 · management and general $45,448 · fundraising $45,448
-
7 · Other salaries and wages
total $277,127 · program services $233,646 · management and general $27,928 · fundraising $15,553
-
10 · Payroll taxes
total $32,307 · program services $20,663 · management and general $6,357 · fundraising $5,287
-
11b · Fees: legal
total $475 · management and general $475
-
11c · Fees: accounting
total $14,969 · management and general $14,969
-
11f · Fees: investment management
total $31,490 · management and general $31,490
-
11g · Fees: other
total $8,667 · program services $5,024 · management and general $3,643
-
13 · Office expenses
total $31,225 · program services $20,136 · management and general $7,830 · fundraising $3,259
-
14 · Information technology
total $25,593 · program services $16,368 · management and general $5,037 · fundraising $4,188
-
16 · Occupancy
total $62,295 · program services $55,753 · management and general $5,880 · fundraising $662
-
17 · Travel
total $4,991 · program services $4,991
-
19 · Conferences, conventions and meetings
total $6,502 · program services $6,502
-
20 · Interest
total $39 · management and general $39
-
22 · Depreciation, depletion and amortization
total $218,210 · program services $195,298 · management and general $20,596 · fundraising $2,316
-
23 · Insurance
total $8,501 · program services $7,609 · management and general $802 · fundraising $90
-
24a · Other expenses: Library Maintenance
total $10,669 · program services $10,669
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $211,009 · end of year $313,074
-
4 · Accounts receivable
beginning of year $118,514 · end of year $0
-
8 · Inventories for sale or use
beginning of year $112,689 · end of year $103,923
-
9 · Prepaid expenses and deferred charges
beginning of year $7,000 · end of year $5,835
-
10a · Land, buildings and equipment: cost or other basis
$7,892,710
-
10b · Land, buildings and equipment: accumulated depreciation
$887,378
-
10c · Land, buildings and equipment, net
beginning of year $7,223,542 · end of year $7,005,332
-
11 · Investments: publicly traded securities
beginning of year $2,461,608
-
12 · Investments: other securities
end of year $3,287,454
-
15 · Other assets
beginning of year $587,057 · end of year $587,057
-
17 · Accounts payable and accrued expenses
beginning of year $3,563 · end of year $2,575
-
27 · Net assets without donor restrictions
beginning of year $9,573,632 · end of year $10,065,193
-
28 · Net assets with donor restrictions
beginning of year $1,144,224 · end of year $1,234,907
Mission and programs · 2023
Mission
Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and rare book libraries. NAASR advances Armenian Studies through research and scholarship, offers high-quality educational public programming, and supports and connects scholars of Armenian Studies worldwide with each other and a broad general public to build a global community, expand horizons, and preserve and enrich Armenian culture, history, and identity for future generations.
Activities or mission (Part I)
The general purposes of the Association are: (1) To foster and promote Armenian Studies through scholarship, research, and publication; (2) To work for the establishment of endowed professorships, fellowships, scholarships, departments, and courses of instruction in Armenian Studies at colleges, universities, and other institutions of higher learning; (3) To solicit and administer funds and to cooperate with universities, foundations, and similar organizations for the advancement of Armenian studies and research; and (4) To sponsor and promote educational, cultural, and other activities and projects for the realization of the purposes and objectives of the Association.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $700,332 · Grants $118,889
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Ara Araz
Chairperson
- Total calculated
- $0
- Hours/week
- 8
-
Margaret Mgrublian
Vice Chairperson
- Total calculated
- $0
- Hours/week
- 8
-
Bruce W Roat
Treasurer
- Total calculated
- $0
- Hours/week
- 8
-
Nancy R Kolligian
Advisor
- Total calculated
- $0
- Hours/week
- 8
-
Mark Momjian
Advisor
- Total calculated
- $0
- Hours/week
- 8
-
Arlene Saryan Alexander
Advisor
- Total calculated
- $0
- Hours/week
- 8
-
Dr Henry C Theriault
Advisor
- Total calculated
- $0
- Hours/week
- 8
-
Dr Nick Akgulian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brian Ansbigian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mihran Aroian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jirair Balayan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Susan E Barba
Director
- Total calculated
- $0
- Hours/week
- 2
-
Roupen Berberian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Bobelian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Sharon Chekijian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ani Hovannisian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Gregory Ketabgian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joan E Kolligian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Kricorian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Stephen A Kurkjian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Armineh Mirzabegian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Khatchig Mouradian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Anna Ohanyan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gerald Papazian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Mary Papazian
Director
- Total calculated
- $0
- Hours/week
- 2
-
Judith Saryan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Shushan M Teager
Director
- Total calculated
- $0
- Hours/week
- 2
-
Silva Sedrakian
Executive Director
- Total calculated
- $95,680
- From this org
- $95,680
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$10,000
Co-Sponsorship of Conference
-
Specialist time for archiving
-
Preservation assessment of the Library
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422999349301667
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