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American Association Of Intl Exchange

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954850306 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

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Overview

What is American Association Of Intl Exchange?

The American Association of International Exchange is a nonprofit organization committed to fostering cultural and artistic exchange between the United States and other nations. They achieve this goal by arranging events and exhibitions, sponsoring special events, and promoting foreign ethical public performances in America. Their mission is to enhance mutual understanding between the two countries by facilitating these activities. Furthermore, they offer programs such as insurance coverage for donated musical instruments and support for music events, contributing to the enrichment of cross-cultural relations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37% (Zero-Star out of Four Star rating)

The American Association of International Exchange has received a low rating of 37% on Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is based solely on one category, Accountability & Finance, where the organization scored poorly in multiple areas, including governance and transparency.

Key issues highlighted include the complete lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections. Additionally, there are no meeting minutes available from board meetings, and crucial documentation, like the tax form, is not posted on the nonprofit's website, which raises concerns about transparency and adherence to best practices.

Despite having a good liabilities to assets ratio and a program expense ratio of nearly 60%, the overall lack of governance and financial oversight has overshadowed these positive aspects. As a result, potential donors and stakeholders may want to consider these significant weaknesses when evaluating the organization.


This AI summary has been generated from information found on Charity Navigator.

Is American Association Of Intl Exchange legitimate?

American Association Of Intl Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Intl Exchange submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Association Of Intl Exchange?

The American Association of International Exchange is dedicated to fostering cultural and artistic exchanges and foreign ethical public performances within the United States. Their mission is to organize special events involving these activities, aiming to enhance mutual understanding between America and other nations. The organization also provides additional programs, such as offering insurance premiums for donated music instruments and supporting music events through donations.

Who is the CEO of American Association Of Intl Exchange?

Unavailable The CEO's salary of American Association Of Intl Exchange is $0 and their total compensation is $0.

What is the revenue of American Association Of Intl Exchange?

American Association Of Intl Exchange's revenue in 2022 was -$1,221,620.

Who are the executives of American Association Of Intl Exchange and what are their salaries?


There is 1 key member and their salary:


Victor Wu (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Association Of Intl Exchange?

American Association Of Intl Exchange's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Association Of Intl Exchange

The American Association of International Exchange is dedicated to fostering cultural and artistic exchange between America and other nations. They accomplish this by arranging exhibitions, performances, and special events that showcase foreign ethics and arts. The primary objective of this organization is to promote mutual understanding between these countries and the United States. To further support this mission, the American Association of International Exchange sponsors various events involving these activities. Additionally, they offer programs such as insurance premiums for donated musical instruments and music event donations, which contribute to the overall goal of enhancing cross-cultural connections.

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Impact




October, 2024

The American Association of International Exchange plays a significant role in promoting cultural and artistic dialogue between the United States and other countries. By arranging cultural and art exchanges, as well as hosting foreign ethical public performances in America, it fosters a deeper understanding of diverse cultural expressions. These initiatives not only showcase various art forms but also encourage appreciation and respect for different cultural narratives, bridging gaps between communities.

Through its sponsorship of special events that highlight these activities, the organization enhances social connections and cultivates an environment of mutual respect. Additionally, by providing support such as insurance premiums for donated musical instruments and facilitating music event donations, it contributes to the sustainability of cultural programs. This holistic approach ultimately enriches the American cultural landscape while promoting international goodwill and understanding.




This information is meant to be a general summary of American Association Of Intl Exchange. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$1,221,620 (2022)
Expenses
$3,733 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,221,620
  • Gross Receipts: $2,430,551

Assets and Liabilities:

  • Total Assets: $256,475
  • Total Liabilities: $0
  • Net Assets: $256,475

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Organization Details

Main Address

16330 BAKE PARKWAY, IRVINE, CA, 92618

NTEE Category

Code: A23 - Arts

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