Chinese Culture Center Inc
- Assets
- $376.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Unionville, CT
- Founding
- 08/1981
- Data as of
- 12/2023
- EIN
- 06-1043595
Organization Overview
Chinese Culture Center Inc is located in Unionville, CT. The organization was established in 1981. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Culture Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Chinese Culture Center Inc generated $88.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $101.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yang Wang Vice President | 5 | $0 | |
Hui Huang Treasurer | 5 | $0 | |
Jiafeng Sun President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18 |
| Total Program Service Revenue | $81,644 |
| Membership dues | $3,240 |
| Investment income | $3,730 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,632 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,189 |
| Professional fees and other payments to independent contractors | $449 |
| Occupancy, rent, utilities, and maintenance | $30,887 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $22,275 |
| Total expenses | $101,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $376,446 |
| Other assets | $0 |
| Total assets | $376,446 |
| Total liabilities | $0 |
| Net assets or fund balances | $376,446 |