Naregatsi Art Institute Inc

Foundation · Grantmaker Englewood, NJ EIN: 22-3781955

Naregatsi Art Institute Inc is a private foundation focused on Arts, Culture & Humanities, based in Englewood, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it made $194K in qualifying distributions.

Key facts about Naregatsi Art Institute Inc

EIN: 22-3781955
Latest 990 filing: Form 990-PF, 2024
Total assets: $42,477

Data from IRS Form 990-PF, 2024; updated September 2026.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$42K

-21.2% YoY

Revenue

$189K

-19.7% YoY

Qualifying Distributions

$194K

-17.3% YoY

Expenses

$194K

-17.3% YoY

Under IRS private-foundation payout rules, Naregatsi Art Institute Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Naregatsi Art Institute Inc

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$42,477	$53,924	$53,316
Revenue	$189,080	$235,433	$169,391
Expenses	$194,320	$235,095	$167,882
Qualifying Distributions	$194,321	$235,095	$167,882
Net Investment Income	—	—	—
Distributable Amount	$2,526	$2,833	$2,821

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Nareg Hartounian	Founder	20	—
Saro Hartounian	Treasurer	1	—
John Hodian	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Naregatsi Art Institute Inc?

Naregatsi Art Institute Inc is a private foundation focused on Arts, Culture & Humanities, based in Englewood, NJ. It holds $42K in total assets as of 2024.

How large is Naregatsi Art Institute Inc?

As of 2024, Naregatsi Art Institute Inc holds $42K in total assets with $189K in annual revenue.

How much is Naregatsi Art Institute Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Naregatsi Art Institute Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.