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KOREAN CULTURE CENTER OF NEW YORK

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Public IRS 990 nonprofit record

KOREAN CULTURE CENTER OF NEW YORK

EIN 46-4602943 · Arts & Culture (A20)

What they do

THE MISSION of KOREAN CULTURE CENTER of NEW YORK, INC. is to PROMOTE and ORGANIZE KOREAN CULTURAL, ARTS, EDUCATIONAL, and SOCIAL ACTIVITIES. IT AIMS to ESTABLISH A VENUE WHERE ALL KOREAN AMERICANS and OTHER GROUPS CAN PARTICIPATE IN PROGRAMS and EVENTS THAT CELEBRATE KOREAN CULTURE and HERITAGE. HENCE, IT SEEKS to IMPROVE THE UNDERSTANDING of KOREAN AMERICANS THROUGH ITS DIVERSE EDUCATIONAL PROGRAMS and UNIQUE CULTURAL ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 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 leaders1 people are listed in the latest report.

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

Money made simple

$32.13spent for every $100 of revenueRevenue covered expenses this year.
32.13%of revenue went to management and office costs100.0% of expenses
$7.49in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

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.

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$44,827
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$14,40332.13% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$30,42467.87% of revenueShown in gray on the chart
Total expenses$14,40332.13% 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: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 32.13% of revenue
2023Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 30.51% of revenue
2022Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 79.27% of revenue
2021Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 62.18% of revenue
2020Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 88.34% of revenue
2019Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 248.63% of revenue
2018Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 84.21% of revenue
2017Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 104.47% of revenue

Money in and money out

Revenue$44,827
Expenses$14,403
Annual surplus $30,424 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.

Management and office costs$14,403 · 100.0% of expenses
See all reported dollar amounts
Revenue$44,827
Expenses$14,403
Assets$107,942
Income$44,827
Contributions$44,827
Management and general$14,403
People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

YONG K KIMPRESIDENT

About this charity

Recognized since
January 2015
Location
291 BROADWAY RM 1800, NEW YORK, NY 10007-2063
County
New York
In care of
YONG K KIM
Primary officer
YONG K KIM, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DAVID SHIN CPA PC
NTEE classification
Arts & Culture (A20)
IRS tax category
Arts & Culture

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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