Universal Communications Network Inc

Organization Overview

Universal Communications Network Inc, operating under the name New Tang Dynasty, is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, New Tang Dynasty employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Tang Dynasty 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 12/2021, New Tang Dynasty generated $36.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $21.3m during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION OPERATES NEW TANG DYNASTY TELEVISION (NTD), WHICH OFFERS UNCENSORED NEWS, YOUTH EDUCATION, AND OTHER CULTURAL MEDIA PROGRAMS TO THE PUBLIC.

Describe the Organization's Program Activity:

1) NTD GREATLY IMPROVED ENGLISH WEBSITE, AND BUILT UP FACEBOOK PAGES WHICH ATTRACTED OVER MILLIONS OF FANS IN 2021. 2) NTD HOSTED AND PARTICIPATED IN VARIOUS COMMUNITY EVENTS IN NEW YORK, INCLUDING HEALTH FAIR, WELLNESS SEMINAR, LEGAL SEMINAR, IMMIGRATION SEMINAR, AND JOB MARKET, ETC. 3) NTD CONTINUED TO BE IN THE TOP 100 MOST WATCHED VIDEO CREATORS WITH BILLIONS OF VIDEO VIEWS ACROSS YOUTUBE, FACEBOOK, VINE AND INSTAGRAM ACCORDING TO TABULAR INSIGHTS. 4) IN 2021, NO COMPETITION WAS HELD DUE TO THE COVID-19 PANDEMIC.


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Board, Officers & Key Employees

Name (title)Compensation
Bill Guan
CFO
$85,200
Wanqing Huang
Secretary
$42,000
Zhong Tang
Member & President
$0
Zhong Lee
Chairman
$0
Alan Adler
Member To (apr '21)
$0
Samuel Zhou
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kvmd Tv Llc
Broadcasting Services
$1,165,000
Wmbc-tv
Broadcasting Services
$2,206,500
Ocean Communications Inc
Broadcasting Services
$818,578
Ntd-ap Tv
Broadcasting Services
$653,428
Eastern Link Inc
Broadcasting Services
$646,200
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $882,545
All other contributions, gifts, grants, and similar amounts not included above$28,756,750
Noncash contributions included in lines 1a–1f $360,275
Total Revenue from Contributions, Gifts, Grants & Similar$29,639,295
Total Program Service Revenue$6,346,387
Investment income $668
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$830
Miscellaneous Revenue$0
Total Revenue $36,204,062

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Universal Communications Network Inc has recieved totaling $8,335,118.

Awarding OrganizationAmount
Epoch Times Association Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$8,326,318
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$8,800
View Grant Recipient Profile

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