Korean Cultural Society Of Boston Inc
- Assets
- $78.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 45-5597792
Organization Overview
Korean Cultural Society Of Boston Inc is located in Lexington, MA. The organization was established in 2014. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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 Cultural Society Of Boston 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, Korean Cultural Society Of Boston Inc generated $114.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $116.0k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
THE MISSION OF KOREAN CULTURAL SOCIETY OF BOSTON IS TO INTRODUCE AND PROMOTE KOREAN ARTS AND CULTURAL FORMS TO A BROAD SPECTRUM OF NEW ENGLAND AUDIENCES, AND TO PROMOTE AND SUPPORT PROFESSIONAL KOREAN-AMERICAN LITERARY, VISUAL AND MUSICAL ARTISTS.
Describe the Organization's Program Activity:
Part 3
A JAZZ CONCERT WITH KOREAN TRADITIONAL MUSIC - SAMULNORI FANTASY: SEASONS. CO-SPONSORED WITH KOREAN CONSULATE GENERAL IN BOSTON, EIGHT MUSICIANS ARE INVITED TO PERFORM IN NEW ENGLAND CONSERVATORY'S JORDAN HALL.
OTHER ART ACTIVITIES
A GRANT TO BOSTON ACADEMY OF KOREAN TRADITIONAL ARTS (BAKTA) TO INAUGURATE A TEACHING STUDIO OF KOREAN TRADITIONAL INSTRUMENTS IN SOMERVILLE, MA. THE COMMUNITY INITIATIVE GRANT AWARDED BY THE BOSTON FOUNDATION IS USED.
KOREAN ART-SONG CONCERT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byung Kim President | 10 | $0 | |
Soo-Hee Park Treasurer | 5 | $0 | |
Liat Shapiro Secretary/clerk | 5 | $0 | |
Jhung W Jhung Director | 5 | $0 | |
Yoo-Kyung Kim Director | 10 | $0 | |
Jaeok Lee Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,639 |
| Total Program Service Revenue | $22,421 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,976 |
| Other Revenue | $0 |
| Total Revenue | $114,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $1,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $849 |
| Other expenses | $91,494 |
| Total expenses | $115,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,133 |
| Other assets | $0 |
| Total assets | $78,133 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,133 |