Formosan Arts And Technology Museum
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- Data as of
- 05/2024
- EIN
- 38-4187902
Organization Overview
Formosan Arts And Technology Museum is located in Torrance, CA. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Formosan Arts And Technology Museum 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 05/2024, Formosan Arts And Technology Museum generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $84.6k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
EXPENSES WERE INCURRED TO OPERATE THE MUSEUM AND DISPLAY THE ARTIFACTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Huan Hao Su CEO | 1 | $0 | |
Daniel C Hsu Treasurer | 0.25 | $0 | |
Huan Hao Su Secretary | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,511 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,895 |
| Professional fees and other payments to independent contractors | $2,620 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $340 |
| Other expenses | $46,718 |
| Total expenses | $84,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,570 |
| Other assets | $0 |
| Total assets | $24,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,120 |