New California Conservatory Association is located in Buena Park, CA. The organization was established in 2003. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New California Conservatory Association 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 12/2022, New California Conservatory Association generated $87.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $98.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TEACH MUSICAL INSTRUMENT AND VOICE BY FREE AND TO CHILDREN OF LOW INCOME FAMILY WE COLLECT INSTRUCTION FEE FROM CHILDREN NOT LOW INCOME FAMILIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hye Kyung Lee Secretary | 40 | $0 | |
Samyoul S Lee CEO | 6 | $0 | |
Daniel D Park CFO | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
| Total Program Service Revenue | $45,764 |
| Membership dues | $0 |
| Investment income | $41,120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,234 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $74,400 |
| Printing, publications, postage, and shipping | $459 |
| Other expenses | $23,932 |
| Total expenses | $98,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |