Intercultural Institute Of California
- Assets
- $433.8k
- Revenue
- $854.0k
- Investments
- $0.0
- Employees
- 35
- Location
- San Francisco, CA
- Founding
- 10/2002
- Data as of
- 06/2021
- EIN
- 76-0701450
Organization Overview
Intercultural Institute Of California is located in San Francisco, CA. The organization was established in 2002. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, Intercultural Institute Of California employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intercultural Institute Of California 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 06/2021, Intercultural Institute Of California generated $854.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $864.9k during the year ending 06/2021. While expenses have increased by 2.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES AN INTERCULTURAL STUDY PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES AN INTERCULTURAL STUDY PROGRAM WITH COURSES AND SEMINARS ON POLITICS, HISTORY, RELIGION AND CULTURE, AND SEARCH AND PLACEMENT INCLUDING CAREER CONSULTING. ESL PROGRAM IS INCLUDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Kim Director | Trustee | 0 | $0 |
Christy Ahn Director | Trustee | 0 | $0 |
Kiyoung Nam Director | Trustee | 0 | $0 |
Andrew Ko Director | Trustee | 0 | $0 |
Phil Kang Director | Trustee | 0 | $0 |
Anny Hong Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $853,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,882 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,168 |
| Payroll taxes | $47,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,915 |
| Advertising and promotion | $0 |
| Office expenses | $1,446 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,454 |
| Travel | $9 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,172 |
| Insurance | $10,688 |
| All other expenses | $0 |
| Total functional expenses | $864,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,798 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,080 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,917 |
| Total assets | $433,803 |
| Accounts payable and accrued expenses | $5,820 |
| Grants payable | $0 |
| Deferred revenue | $37,041 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $137,800 |
| Other liabilities | $24,856 |
| Total liabilities | $205,517 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $228,286 |
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