Korean Quarterly
- Assets
- $20.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 41-1876410
Organization Overview
Korean Quarterly is located in Saint Paul, MN. The organization was established in 1997. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Korean Quarterly 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, Korean Quarterly generated $14.3k 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 (22.3%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.6%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING JOURNALISTIC COVERAGE OF ISSUES RELATING TO ADOPTED KOREAN KOREAN AMERICAN KOREAN CULTURE ETC. AND WORKING ON A DIGITAL ARCHIVE THAT WILL PROVED SEARCHABLE CONTENT FOR THE 25 YEARS OF THE PRINT EDITION 1997-2022. THE WEBSITE RECEIVES OVER 500 PAGE VIEWS A DAY ON AVERAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Vickery Editor | 15 | $0 | |
Stephen Wunrow Publisher And Photographer | 25 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,623 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,623 |
| Total Revenue | $14,272 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $380 |
| Printing, publications, postage, and shipping | $806 |
| Other expenses | $17,934 |
| Total expenses | $21,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,192 |
| Other assets | $0 |
| Total assets | $20,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,192 |