Asian Community & Cultural Center
Only null% goes to programs Strong reserves Growing revenue
Asian Community & Cultural Center is a 501(c)(3) organization based in Lincoln, Nebraska, registered in 1998, with $1,652,040 in FY2024 revenue. CharityIndex grades it B.
144 N 44th Street Ste A, Lincoln, NE, 68503 EIN 47-0807501 Since 1998
Revenue (FY2024)
$1.7M
▼ 0.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.7M
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Asian Community & Cultural Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Asian Community & Cultural Center: 9 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Asian Community & Cultural Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Asian Community & Cultural Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 144 N 44th Street Ste A, Lincoln, NE, 68503
- City
- Lincoln
- State
- Nebraska
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts & Cultural Organizations
- Website
- …
Financial trends
Revenue grew from $173K (FY2013) to $1.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $158KNet assets $1.3M
Operating margin
-4.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$158K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,652,040▼0.7% | $1,733,067▲6.0% | $1,305,732▼5.8% | $1,463,786▼2.7% | 990 |
| 2023 | $1,662,870▼3.7% | $1,634,612▲8.8% | $1,386,759▲2.1% | $1,504,809▲1.2% | 990 |
| 2022 | $1,727,563▲77.9% | $1,502,331▲61.1% | $1,358,501▲19.9% | $1,487,121▲23.7% | 990 |
| 2021 | $971,306▼25.2% | $932,752▲22.7% | $1,133,269▲12.3% | $1,202,207▲4.2% | 990 |
| 2020 | $1,298,303▲80.6% | $760,056▲24.1% | $1,008,915▲114% | $1,153,627▲129% | 990 |
| 2019 | $718,785▲6.9% | $612,651▲7.9% | $470,668▲29.1% | $503,895▲27.0% | 990 |
| 2018 | $672,455▲32.5% | $567,966▲21.5% | $364,534▲40.2% | $396,688▲40.4% | 990 |
| 2017 | $507,531▲7.6% | $467,352▲24.1% | $260,045▲18.3% | $282,584▲16.8% | 990 |
| 2016 | $471,844▲41.5% | $376,719▲46.6% | $219,866▲76.3% | $241,913▲66.8% | 990 |
| 2015 | $333,348▲102% | $257,055▲49.6% | $124,741▲157% | $145,032▲153% | 990 |
| 2014 | $164,706▼4.5% | $171,811▼15.0% | $48,448▼12.8% | $57,318▼6.3% | 990 |
| 2013 | $172,529 | $202,194▼25.7% | $55,553▼34.8% | $61,167▼34.3% | 990 |
| 2012 | — | $272,077 | $85,218 | $93,144 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $772K total
13 grants to Asian Community & Cultural Center totaling $772K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Urban Institute | Grant sub-award | 2024 | $25,921 |
| Network For Good Inc | Unrestricted | 2024 | $22,111 |
| Urban Institute | Grant sub-award | 2023 | $116,727 |
| World Education Services Inc | Grant for participation in siip program | 2023 | $100,000 |
| Network For Good Inc | Unrestricted | 2023 | $22,780 |
| Urban Institute | Grant sub-award | 2022 | $67,662 |
| Gofundme Org | Afghanistan welcome.us | 2022 | $30,000 |
| Network For Good Inc | Unrestricted | 2022 | $14,765 |
| Nebraska Children and Families Foundation | Operating expenses | 2022 | $5,900 |
| Urban Institute | Grant sub-award | 2021 | $28,539 |
| Network For Good Inc | Unrestricted | 2021 | $26,978 |
| Charities Aid Foundation America | Charitable donation | 2021 | $11,000 |
| Tides Foundation | Healthy individuals and communities | 2020 | $300,000 |
Similar organizations in Arts & Culture
Arts & Culture
Heritage Services
Omaha, NE
$1.7M
Bannual revenue
Arts & Culture
El Museo Latino
Omaha, NE
$1.7M
Bannual revenue
Arts & Culture
Bemis Center For Contemporary Arts
Omaha, NE
$1.9M
Dannual revenue
Arts & Culture
Grand Island Childrens Museum Inc
Grand Island, NE
$1.4M
Bannual revenue
Arts & Culture
Union For Contemporary Art Inc
Omaha, NE
$1.9M
Dannual revenue
Arts & Culture
Bone Creek Art Museum
David City, NE
$1.9M
Bannual revenue
Arts & Culture
Kaneko
Omaha, NE
$1.3M
Dannual revenue
Arts & Culture
Lincoln Childrens Museum
Lincoln, NE
$2.0M
Bannual revenue
Arts & Culture
Great Platte River Road Memorial Foundation
Kearney, NE
$1.3M
Dannual revenue
Arts & Culture
Rose Blumkin Performing Arts Center Foundation
Omaha, NE
$1.3M
Dannual revenue
Compare Asian Community & Cultural Center
Frequently asked questions
- Is Asian Community & Cultural Center a legitimate nonprofit?
- Yes. Asian Community & Cultural Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-0807501, based in Lincoln, Nebraska. Donations are tax-deductible.
- What is Asian Community & Cultural Center's EIN?
- Asian Community & Cultural Center's Employer Identification Number (EIN) is 47-0807501.
- How much revenue does Asian Community & Cultural Center report?
- Asian Community & Cultural Center reported $1,652,040 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Asian Community & Cultural Center have?
- CharityIndex grades Asian Community & Cultural Center B, based on financial health (reserves and operating margin).
More nonprofits in Lincoln
Explore more
Data for Asian Community & Cultural Center (EIN 47-0807501) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.