Asian Arts Initiative

Philadelphia, PA, 19107 (215) 557-0455 Est. 1996 EIN 23-2827657
A230 - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)
www.asianartsinitiative.org

Mission

THE ASIAN ARTS INITIATIVE IS A COMMUNITY-BASED ARTS CENTER IN PHILADELPHIA THAT ENGAGES ARTISTS AND EVERYDAY PEOPLE TO CREATE ART THAT EXPLORES THE DIVERSE EXPERIENCES OF ASIAN AMERICANS, ADDRESSES OUR SOCIAL CONTEXT, IMAGINES AND AFFECTS POSITIVE COMMUNITY CHANGE.

Giving Portfolio

Total Grants
8
Total Giving
$185K
Recipients
8
Years Active
2022 - 2024
Avg grant: $26,250 Median: $26,250

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$65K $33K20
20226$120K $20K60

Sectors Funded

Arts, Culture & Humanities
5

Top States

New York
4
California
2
Washington
1
Pennsylvania
1

Grantee Size Profile

$10M - $50M
2
$1M - $5M
1
Under $100K
1
$5M - $10M
1
$500K - $1M
1

Top Grantees

Grants Awarded · 6 grants

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Financials

Total Revenue
$1,647,988
Total Expenses
$2,641,349
Net Assets
$7,549,126
22 employees 9 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
2.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 16.5%
Expenses ↑ 2.3%
Revenue Sources
Contributions 77.2% Earned revenue 10.3% Investment 12.5%
Expense Breakdown
Program 68.0% Management 23.7% Fundraising 8.4%

Officers & Trustees (11)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,647,988 ↓$2,641,349$7,549,126
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$1,796,789 ↓$2,091,708$8,973,850
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$3,219,829 ↑$1,854,995$9,146,772
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,837,879 ↑$1,385,533$8,065,869
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,236,290 ↓$1,537,649$7,313,878
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$2,935,003 $1,705,629$8,255,669

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EIN: 23-2827657 · Source: IRS Form 990 e-file data