Korean Art Forum Inc
- Assets
- $43.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-1831095
Organization Overview
Korean Art Forum Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Art Forum 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 12/2022, Korean Art Forum Inc generated $143.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $132.1k during the year ending 12/2022. While expenses have increased by 33.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SHARED DIALOGUE, SHARED SPACE: 6 ONE-DAY LIVE-STREAMED IN-PERSON EXHIBITS OF MULTIPLE ARTISTS WITH TRANSLATION SERVICES AT NYC PARKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hang Gil Han Director | 21 | $53,526 | |
Tae Eun Shin Trustee | 1 | $0 | |
Doug Hostetter Trustee | 1 | $0 | |
Yooah Park Treasurer | 1 | $0 | |
Jeong-Hyung Lee Trustee | 1 | $0 | |
John Moore Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,544 |
| Total Program Service Revenue | $120 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,669 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,718 |
| Professional fees and other payments to independent contractors | $43,401 |
| Occupancy, rent, utilities, and maintenance | $1,961 |
| Printing, publications, postage, and shipping | $8,293 |
| Other expenses | $18,752 |
| Total expenses | $132,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,932 |
| Other assets | $0 |
| Total assets | $43,432 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,432 |