Nonprofit · EIN 26-4592229
AMERICAN SCHOOL OF ASIAN CULTURE
Tax-exempt · CHAPEL HILL, NC 27516
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $121,956 | $124,106 | -$2,150 | $32,783 | $7,714 | $25,069 |
| December 31, 2024 | 990-EZ | $135,929 | $136,877 | -$948 | $38,835 | $8,569 | $30,266 |
| December 31, 2023 | 990-EZ | $139,720 | $132,753 | $6,967 | $43,814 | $12,600 | $31,214 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $121,956
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $23,000
- Salaries, compensation and benefits (total)
- $17,104
- Professional fees and payments to contractors
- $58,315
- Occupancy
- $14,943
- Printing, publications and postage
- $65
- Other expenses
- $33,679
- Program services (functional)
- $124,106
Balance sheet and other
- Total assets, start of year
- $35,786
- Total assets, end of year
- $32,783
- Total liabilities, end of year
- $7,714
- Net assets, end of year
- $25,069
- Cash, savings and investments
- $23,616
- Gross receipts
- $121,956
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peng Xin | Administrator | 40 | $23,000 |
| Xiaomei Wang | Director | 5 | $0 |
| Danhong Lu | Administrator | 10 | $0 |
| Yan An | Director | 5 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peng Xin | Administrator | 40 | $35,200 |
| Xiaomei Wang | Director | 5 | $0 |
| Danhong Lu | Administrator | 10 | $0 |
| Yan An | Director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peng Xin | Administrator | 40 | $32,400 |
| Xiaomei Wang | Director | 2 | $0 |
| Danhong Lu | Administrator | 2 | $0 |
| Yan An | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 306 LAURENS WAY, CHAPEL HILL, NC 27516-3406
- In care of
- % AMERICAN SCHOOL OF ASIAN CULTURE
- Signed the 990-EZ
- Danhong Lu, Administrator
- Phone
- (919) 593-5109
- Website
- www.aiac.us
Mission
American School of Asian Culture provides Chinese language courses and traditional Chinese culture programs to local communities.
Program accomplishments
- American School of Asian Culture has successfully provided instructional Chinese language and other traditional Chinese cultural activities for students from K to 5th grade.Expenses $124,106
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 26-4592229
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A70)
- Assets (IRS master file)
- $32,783
- Income (IRS master file)
- $121,956
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $121,956 | $124,106 | $32,783 | IRS |
| 990-EZ | December 2024 | $135,929 | $136,877 | $38,835 | IRS |
| 990-EZ | December 2023 | $139,720 | $132,753 | $43,814 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 26-4592229).
Questions about AMERICAN SCHOOL OF ASIAN CULTURE
- What is the EIN of AMERICAN SCHOOL OF ASIAN CULTURE?
- The employer identification number (EIN) of AMERICAN SCHOOL OF ASIAN CULTURE is 26-4592229.
- Is AMERICAN SCHOOL OF ASIAN CULTURE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to AMERICAN SCHOOL OF ASIAN CULTURE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN SCHOOL OF ASIAN CULTURE 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 AMERICAN SCHOOL OF ASIAN CULTURE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN SCHOOL OF ASIAN CULTURE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of AMERICAN SCHOOL OF ASIAN CULTURE?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $23,000 (Peng Xin, Administrator).
- How much revenue does AMERICAN SCHOOL OF ASIAN CULTURE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $121,956, expenses of $124,106 and total assets of $32,783 at year end.
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