Asia Art Archive in America Inc
Nonprofit profile at a glance
- EIN
- 264540036
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025, Form 990-EZ 2020
- Location
- Brooklyn, NY, USA
- Phone
- 7185222299
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $568,066
- Expenses
- $345,767
- Assets
- $629,236
- Liabilities
- $1,493
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JANE DEBEVOISE (PRESIDENT)
People named in this filing
- JANE DEBEVOISE (PRESIDENT)
- YAYOI SHIONOIRI (TREASURER)
- ELAINE W NG (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote a greater appreciation for and understanding of contemporary art made in asia or by artists of asian descent. The organization's purpose is fulfilled by collecting information on contemporary asian art and making it publicly accessible, providing a platform for the exchange of ideas, providing research and writing in the field, and instigating dialogue and critical thinking to develop a broader audience for and a deeper understanding of visual art by artists in asia or by artists of asian descent.
What it reported doing in 2025
The organization makes grants to recipients which conduct programs and projects that are consistent with the mission of the organization. All grants are reviewed and approved by the board of directors. The organization coordinates an ongoing program of presentations, panels, conversations and interviews with artists, curators, critics and scholars about contemporary art from asia. Transcripts and video documentation of the talks, presentations and panels are made accessible online to broad audiences through the organization's website. The organization organizes a publicly accessible reading room with physical and digital materials available to researchers five days a week. The organization engages in large-scale archival digitization projects, making primary source materials including photographs, film, and interview transcripts available to the public online.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 80
- Accountability: 82
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.3%; rating input score 47
- Program expense ratio: 75.1%; rating input score 75
- Fundraising efficiency: $14.54 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Pass
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 39.1%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.82; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 47.3% of revenue deployed · 75.1% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $260K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 10 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.