Nonprofit · EIN 61-1107169
ASIA INSTITUTE INC
Tax-exempt · LOUISVILLE, KY 40203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $388,567 | $452,291 | -$63,724 | $2,270,295 | $296,584 | $1,973,711 |
| June 30, 2024 | 990 | $300,117 | $487,568 | -$187,451 | $2,263,327 | $313,177 | $1,950,150 |
| June 30, 2023 | 990 | $775,735 | $708,412 | $67,323 | $2,332,640 | $320,532 | $2,012,108 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $158,532
- Program service revenue
- $58,883
- Investment income
- $85,432
- Net rental income
- $72,190
- Net gain from sales of assets
- $49,063
- Net income from fundraising events
- $13,530
- Other revenue
- $85,720
Expenses
- Grants and similar amounts paid
- $6,263
- Compensation of officers, directors and key employees
- $90,122
- Other salaries and wages
- $119,203
- Salaries, compensation and benefits (total)
- $232,445
- Professional fundraising fees
- $0
- Accounting fees
- $15,830
- Occupancy
- $27,908
- Travel
- $61,136
- Depreciation
- $37,676
- Program services (functional)
- $237,884
- Management and general (functional)
- $168,758
- Fundraising (functional)
- $45,649
Balance sheet and other
- Total assets, start of year
- $2,263,327
- Total assets, end of year
- $2,270,295
- Total liabilities, end of year
- $296,584
- Net assets, end of year
- $1,973,711
- Land, buildings and equipment
- $551,628
- Net assets without donor restrictions
- $1,477,800
- Net assets with donor restrictions
- $495,911
- Gross unrelated business income
- $72,190
- Gross receipts
- $558,741
- Employees
- 4
- Volunteers
- 85
- Year formed
- 1986
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOEL BUNO | EXECUTIVE DIRECTOR Officer | 40 | $83,345 | $2,400 |
| ANNE MARIE V GRISANTI | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| SARAVANAN MURUGAN | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| RIJAN MANANDHAR | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BRIAN LEE | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| SARAH TRAINOR GRAVES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WESLEY T KAWATA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIANLING LI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RALPH MARSHALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VAHID MOCKON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BELINDA CHOO MUENCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DI TRAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW ZHAO | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOEL BUNO | EXECUTIVE DIRECTOR Officer | 40 | $78,889 | $2,400 |
| ANNE MARIE V GRISANTI | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| SARAVANAN MURUGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RIJAN MANANDHAR | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BRIAN LEE | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ANDREW ZHAO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BELINDA CHOO MUENCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RALPH MARSHALL | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| SARAH TRAINOR GRAVES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIANLING LI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VAHID MOCKON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM SUTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| J BRITTANY CROSS CARLSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL BUNO | EXECUTIVE DIRECTOR Officer | 40 | $77,000 |
| ANNE MARIE V GRISANTI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| J BRITTANY CROSS CARLSON | DIRECTOR Trustee or director | 1 | $0 |
| RIJAN MANANDHAR | TREASURER Trustee or director, Officer | 3 | $0 |
| SARAVANAN MURUGAN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW ZHAO | DIRECTOR Trustee or director | 1 | $0 |
| TIANLING LI | DIRECTOR Trustee or director | 1 | $0 |
| SARAH TRAINOR GRAVES | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN LEE | SECRETARY Trustee or director, Officer | 1 | $0 |
| RALPH MARSHALL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BELINDA CHOO MUENCH | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM SUTTER | DIRECTOR Trustee or director | 1 | $0 |
| VAHID MOCKON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1244 S 3RD ST, LOUISVILLE, KY 40203-2906
- Principal officer (990 for 2024)
- JOEL BUNO, 1244 SOUTH THIRD STREET, LOUISVILLE, KY 40203
- Signed the 990
- JOEL BUNO, EXECUTIVE DIRECTOR
- Phone
- (502) 905-3883
- Website
- WWW.CRANE-HOUSE.ORG
- Return prepared by
- BLUE & CO LLC
Mission
ASIA INSTITUTE-CRANE HOUSE, IS A COMMUNITY RESOURCE THAT PROMOTES UNDERSTANDING OF ASIAN CULTURES AND HERITAGE THROUGH EDUCATION,OUTREACH AND THE ARTS.
Program accomplishments
- LANGUAGE PROGRAMS- AICH PRESENTS PROGRAMS TO TEACH AMERICANS ASIAN LANGUAGES AND TO TEACH ASIANS TO SPEAK ENGLISH. AICH ESTABLISHED THE TEACH IN ASIA (TIA) PROGRAM IN 1988 TO SEND QUALIFIED AMERICAN TEACHERS TO LANGUAGE PROGRAMS- AICH PRESENTS PROGRAMS TO TEACH AMERICANS ASIAN LANGUAGES AND TO TEACH ASIANS TO SPEAK ENGLISH. AICH ESTABLISHED THE TEACH IN ASIA (TIA) PROGRAM IN 1988 TO SEND QUALIFIED AMERICAN TEACHERS TO ASIA TO CONDUCT THREE-WEEK SUMMER TRAINING PROGRAMS IN CONVERSATIONAL ENGLISH AND TO INTRODUCE AMERICAN CULTURE TO TEACHERS IN ASIA. OVER THE YEARS AICH HAS SENT OVER 500 TEACHERS TO ASIA WITH THIS PROGRAM. WITH RENEWED FUNDING FROM THE FREEMAN FOUNDATION, THE TIA PROGRAM RENEWED IN SUMMER 2023. CURRENT SITES ARE CHIAYI COUNTY, DAPU, AND SINGANG TAIWAN. ADDITIONAL SITES INCLUDE SHANGHAI AND JIUJIANG CHINA.AICH CONTINUES TO FILL THE GAP WHERE OUR LOCAL EDUCATIONAL SYSTEMS LACK OFFERINGS OF ASIAN LANGUAGES. AICH, IN CONJUNCTION WITH THE UNIVERSITY OF LOUISVILLE, HAS ESTABLISHED A CHINESE AND JAPANESE LANGUAGE CORNER. OUR LANGUAGE CORNER SUCCESSFULLY LAUNCHED IN SEPTEMBER OF 2022. LANGUAGE CORNER IS DESIGNED TO CATER TO ADULT LANGUAGE LEARNERS AND LOCAL SCHOOL STUDENTS WHO ARE INTERESTED IN LANGUAGE LEARNING. THE FIRST STAGE FOCUSES ON CHINESE. THE PROGRAM INCLUDES SPECIAL EVENTS (SUCH AS MOON CAKE MAKING, MAHJONG LESSONS AND CHINESE CULTURAL DANCE) AND WEEKLY CHINESE CLUBS - AFTER SCHOOL PROGRAMS AT VARIOUS LOCAL ELEMENTARY AND MIDDLE SCHOOLS. OUR NEXT PHASE WILL CONTINUE WITH CHINESE CONVERSATION ENGAGEMENT, BUT ALSO WILL INCORPORATE JAPANESE LANGUAGE AND SPECIAL EVENTS. OUR LANGUAGE CORNERS HAVE IMPACTED OVER 330 PARTICIPANTS.Expenses $171,832 · grants $6,263 · revenue $58,883
- SPECIAL COMMUNITY EVENTS - AICH IS THE PREMIER CONVENOR OF THE ASIAN COMMUNITIES AND PUTS ON CITYWIDE EVENTS THROUGHOUT THE YEAR. FOLLOWING ARE EXAMPLES OF OUR BIG ENGAGEMENT EVENTS THROUGHOUT THE YEAR. AICH'S LUNAR NEW YEAR, YEAR OF THE SNAKE / SPRING FESTIVAL AUCTION AND DINNER IS ONE OF OUR BIGGEST ENGAGEMENTS AND FUNDRAISERS THROUGHOUT THE WHOLE YEAR. THE EVENT FEATURES TRADITIONAL ASIAN CULTURAL OUTFITS, LOCAL ASIAN ENTERTAINMENT, AND WONDERFUL ASIAN CULINARY FLAVORS. THE SUPPORT OF THE COMMUNITY AND CORPORATE SUPPORT, OUR EVENT IS ATTENDED BY OVER 200 ATTENDEES AND SUPPORTERS. ASIAN NIGHT MARKET - SEPTEMBER 13, 2024 AICH HOSTED OUR VERY SUCCESSFUL ASIAN NIGHT MARKET AT FOURTH STREET LIVE! FSL! RETAIL VENDORS, LOCAL ASIAN ENTERTAINMENT, LOCAL ASIAN COMMUNITY SOCIAL GROUPS AND CORPORATE ERGS SHOWCASED TO THE COMMUNITY A TYPICAL ASIAN NIGHT MARKET SCENE. OUR MOST RECENT EVENT FILLED FSL! TO CAPACITY (OVER 3,500 ATTENDEES) AND SUCCESSFULLY GAVE THE FEEL OF ASIA USING LOCAL VENDORS AND TALENT. OUR MAYOR HAS ASKED AICH TO MAKE THIS AN ANNUAL EVENT.Expenses $66,052
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1107169
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A230)
- Assets (IRS master file)
- $2,270,295
- Income (IRS master file)
- $558,741
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $388,567 | $452,291 | $2,270,295 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $300,117 | $487,568 | $2,263,327 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $775,735 | $708,412 | $2,332,640 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $540,760 | $321,621 | $2,146,325 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1107169).
Questions about ASIA INSTITUTE INC
- What is the EIN of ASIA INSTITUTE INC?
- The employer identification number (EIN) of ASIA INSTITUTE INC is 61-1107169.
- Is ASIA INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to ASIA INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASIA INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASIA INSTITUTE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASIA INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASIA INSTITUTE INC?
- The 990 for the year ended June 30, 2025 names JOEL BUNO.
- Who are the officers and directors of ASIA INSTITUTE INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $83,345 (JOEL BUNO, EXECUTIVE DIRECTOR).
- How much revenue does ASIA INSTITUTE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $388,567, expenses of $452,291 and total assets of $2,270,295 at year end.
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