American Hungarian Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PRESERVATION AND CELEBRATION OF HUNGARIAN ART AND CULTURE, HIGHLIGHTING THE TALENTS OF HUNGARIAN-AMERICANS.
- Income
- $183,773
- Spending
- $306,699
- Spent on programs
- 81%
- Reserves
- 49.4 months of spending
- Largest source of income
- donations and private grants, 56%
- Employees
- 5
- Volunteers
- 35
- Highest pay
- $79,895, executive director
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 63% of charities in its peer group (arts and culture, under $250k).
Reserves
35 of 35Spendable reserves would cover 49.4 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
0 of 15Spending exceeded income by 67% of income.
Income trend
15 of 15Income rose 54% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 79 out of 100. Higher than 72% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2524 of 24 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $161,698 spent. MUSEUM- Provided a facility to exhibit Hungarian art and culture, and to sponsor Hungarian-culture related events throughout the year.
- $62,192 spent. ACADEMICS AND EDUCATION - Provided opportunities and resources to members of the public pursuing Hungarian culture and folk art studies.
- $24,877 spent. LIBRARY AND ARCHIVES - AHF continues to house and archive Hungarian-American literature and documents. An ongoing project - in conjunction with the Hungarian national government - was to archive Hungarian-language newspapers published in the USA.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.