Ukrainian Institute of America Inc

Nonprofit profile at a glance

EIN
131832391
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2122888660
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$1,181,733
Expenses
$1,319,003
Assets
$6,475,974
Liabilities
$103,159

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • KATHY NALYWAJKO (PRESIDENT)
  • ARTUR HRYHOROWYCH (FIRST VICE PRESIDENT)
  • LYDIA ZAININGER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LYDIA ZAININGER (EXECUTIVE DIRECTOR): $145,829 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help and promote cultural, social and educational events and activities showcasing ukrainian art, culture and history to the general public.

What it reported doing in 2024

33 other programs and events often organized in collaboration with ourpartners:1. 32nd year of ukraine's renewed independence2. Russian-ukrainian memory wars in western academia and media3. Ukrainian culture in a time of war: identity, heritage, and resilience with us dep of state4. Uia gala5. An evening with janine di giovanni and peter pomerantsev6. A roundtable discussion: lubomyr luciuk & "enemy archives"7. Women in conflict: supporting activist leaders in afghanistan, iran and ukraine8. European literature night9. Pyvo night10. Ukrainian cultural festival - poetry event11. Cultural genocide in ukraine12. A ukrainian polish evening / screening of erase the nation13. Holiday boutique14. An evening with india hicks15. Yalynka16. Kidnapped childhood: russia's war on ukraine's children17. Ukrainestands open house feb 24, 202418. Bucha film media screening19. An evening with general ben hodges20. Face to face21. Ukrainian women's delegation event22. Family, friends and flowers | paintings by joseph fioretti23. Pysanka workshop with sofika24. Pysanka workshop with laryssa czebiniak25. Teura: an intimate portrait of sofia yablonska26. Ukrainian women in war time | an evening with oleksandra matviichuk27. Annual journalism conference28. Ukrainian language students reunion29. Teura: a celebration of the life and legacy of sofia yablonska30. War diaries: unheard voices of ukrainian children31. Brooklyn cyclones press conference32. Cultural forces concert33. Online ukrainian language classes for beginners, intermediate andadvanced students

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.7%; rating input score 90
  • Program expense ratio: 72.8%; rating input score 73
  • Fundraising efficiency: $6.59 raised per $1 spent on fundraising; rating input score 25; 25th 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: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 4.91; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 11.1%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 89.7% of revenue deployed · 72.8% of spending went to programs
  • Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $961K in reported program spending
  • Leadership: top reported pay $146K · 16 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.