ASIAN CULTURAL COUNCIL INC Charity Report

Public IRS 990 nonprofit record

ASIAN CULTURAL COUNCIL INC

EIN 13-3018822 · International, Foreign Affairs & National Security (Q210)

What they do

THE ASIAN CULTURAL COUNCIL ("ACC") DEEPENS INTERNATIONAL DIALOGUE, UNDERSTANDING, and RESPECT THROUGH CULTURAL EXCHANGE ACTIVITIES IN ASIA and THE UNITED STATES to CREATE A MORE HARMONIOUS and PEACEFUL WORLD. THIS MISSION is ACCOMPLISHED THROUGH FELLOWSHIP and PROGRAMS THAT SUPPORT INDIVIDUAL ARTISTS, SCHOLARS, and ARTS PROFESSIONALS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $69.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.46%of revenue went to mission work69.5% of expenses · Program services

4.72%of revenue went to fundraising5.9% of expenses

$79.84spent for every $100 of revenueRevenue covered expenses this year.

19.66%of revenue went to management and office costs24.6% of expenses

$10.05in assets for every $1 spent this yearSome assets cannot be spent right away.

61.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $303,516 for JUDY KIM (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,127,906

Mission workProgram services$3,398,46955.46% of revenue69.5% of expenses

ManagementOffice and general costs$1,205,03419.66% of revenue24.6% of expenses

FundraisingAsking for donations$288,9314.72% of revenue5.9% of expenses

Revenue left after expensesReported annual surplus$1,235,47220.16% of revenueShown in gray on the chart

Total expenses$4,892,43479.84% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 69.5% mission · 24.6% management · 5.9% fundraisingTotal expenses: 79.84% of revenue

2023Expense mix: 57.3% mission · 32.2% management · 10.5% fundraisingTotal expenses: 69.66% of revenue

2022Expense mix: 51.3% mission · 37.8% management · 10.9% fundraisingTotal expenses: 43.79% of revenue

2021Expense mix: 46.9% mission · 38.1% management · 15.1% fundraisingTotal expenses: 61.45% of revenue

2020Expense mix: 67.7% mission · 12.5% management · 19.8% fundraisingTotal expenses: 84.95% of revenue

2019Expense mix: 68.8% mission · 10.1% management · 21.1% fundraisingTotal expenses: 116.44% of revenue

2018Expense mix: 64.6% mission · 13.1% management · 22.3% fundraisingTotal expenses: 176.17% of revenue

2017Expense mix: 65.7% mission · 15.0% management · 19.3% fundraisingTotal expenses: 78.59% of revenue

Money in and money out

Revenue$6,127,906

Expenses$4,892,434

Annual surplus $1,235,472 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,398,469 · 69.5% of expenses

Management and office costs$1,205,034 · 24.6% of expenses

Fundraising$288,931 · 5.9% of expenses

See all reported dollar amounts

Revenue$6,127,906

Expenses$4,892,434

Assets$49,166,461

Income$9,218,881

Contributions$3,767,819

Mission work (program services)$3,398,469

Fundraising$288,931

Grants given$1,021,406

Average grant$25,535

Management and general$1,205,034

Executive compensation (total)$517,873

Stocks and bonds$35,365,282

Accounting fees$44,363

Investing fees$103,068

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JUDY KIMEXECUTIVE DIRECTOR · 40 hrs/week $303,516Base $253,017 · Other $50,499

MOHAMED ABDELHALIMDIRECTOR, FINANCE & OPERATIONS · 40 hrs/week $195,971Base $134,162 · Other $61,809

SHIN YOUNG KIMDIRECTOR OF PROGRAMS · 40 hrs/week $154,079Base $133,070 · Other $21,009

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

JUDY KIMEXECUTIVE DIRECTOR

MOHAMED ABDELHALIMDIRECTOR, FINANCE & OPERATIONS

SHIN YOUNG KIMDIRECTOR OF PROGRAMS

JOSIE CRUZ NATORICHAIRMAN

YU JENNY ZENGTRUSTEE THRU MAY 2024

VALERIE ROCKEFELLERSECRETARY THRU MAY 2024

TONIA KATHERINE HSUTRUSTEE

SUSAN ROCKEFELLERCO-VICE CHAIRMAN

SHANNON WUTRUSTEE

RUBY SHANGTRUSTEE

MISSIE RENNIETRUSTEE THRU MAY 2024

MICHELLE KOO HAYASHITRUSTEE

MERCEDES ZOBELTRUSTEE

MASAKO USHIODATRUSTEE

JULIE ANN KOHNTRUSTEE

ALICE HUNGTRUSTEE

JOHN R WITTTREASURER

JANET NATHANAILTRUSTEE

HANS MICHAEL JEBSENCO-VICE CHAIRMAN

ERNEST DE LEON ESCALERTRUSTEE

DOUGLAS TONG HSUTRUSTEE

DAVID ROCKEFELLER JRTRUSTEE THRU MAY 2024

DAN SWIFTTRUSTEE

CHARLES ROCKEFELLERTRUSTEE

CAROLYN HSU-BALCERTRUSTEE

CAROL RATTRAYTRUSTEE

CAI GUO-QIANGTRUSTEE

BEN HARBURGTRUSTEE

ANNE STRATON PIERSONSECRETARY

About this charity

Recognized since: January 1980
Location: 1 ROCKEFELLER PL 2500, NEW YORK, NY 10020-2003
County: New York
In care of: % EILEEN CONNORDIR OF FIN
Primary officer: JUDY KIM, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailapplication@accny.org Phone(212) 843-0403

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: International, Foreign Affairs & National Security (Q210)
IRS tax category: Educational Support Services
Grant-giving organization: Yes