Korean American Music Supporters Association Usa Inc is located in Cupertino, CA. The organization was established in 2003. According to its NTEE Classification (A68) the organization is classified as: Music, 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 American Music Supporters Association USA 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 12/2021, Korean American Music Supporters Association USA Inc generated $43.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $27.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE CAREERS OF YOUNG MUSICIANS AND ENHANCE THE LIVES OF RESIDENTS IN OUR COMMUNITY THROUGH CULTURAL EXCHANGE BETWEEN KOREA AND THE U.S.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jacquelin Choi President | 3 | $0 | |
Hyo Won Choi Director | 2 | $0 | |
Soo Kyoung Park Treasurer | 3 | $0 | |
Myunghee Lee Director | 2 | $0 | |
Young Sun Shin Director | 2 | $0 | |
Jeong Ja Song Vice President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,500 |
Total Program Service Revenue | $22,316 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,816 |
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 | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $3,201 |
Other expenses | $24,234 |
Total expenses | $27,835 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $98,270 |
Other assets | $0 |
Total assets | $98,270 |
Total liabilities | $0 |
Net assets or fund balances | $98,270 |
Over the last fiscal year, we have identified 1 grants that Korean American Music Supporters Association Usa Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Chong-Moon Lee Foundation Mountain View, CA PURPOSE: Arts & Culture | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |
New West Symphony Association Thousand Oaks, CA | $774,216 | $1,642,962 |
Hiphopforchange Inc Oakland, CA | $676,196 | $1,628,580 |
Young Musicians Foundation Los Angeles, CA | $1,322,376 | $1,133,587 |