Madison Area Chinese Community Organization Inc is located in Madison, WI. The organization was established in 2016. 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. Madison Area Chinese Community Organization 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, Madison Area Chinese Community Organization Inc generated $11.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2022. 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
TO PROVIDE CULTURAL,EDUCATIONAL AND SOCIAL PROGRAMS TO PROMOTE IDENTITY,CULTURAL HERITAGE ANDLIFE QUALITY OF CHINESE AMERICANS IN MADISON AREAS OF WISCONSIN.COCORDINATE COMMUNITY ACTIVIES AND PROGRAMS,SEMINARS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yedong Tao President | 5 | $0 | |
Lindsay Roake Director | 5 | $0 | |
Chunhua Lu Director | 5 | $0 | |
James Wong Director | 5 | $0 | |
Yuanshen Gong Director | 5 | $0 | |
Jing Ping Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,778 |
| Total Program Service Revenue | $2,489 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $52 |
| Total Revenue | $11,319 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,000 |
| Total expenses | $15,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,961 |
| Other assets | $0 |
| Total assets | $23,465 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,465 |