Winchester School Of Chinese Culture Inc
- Assets
- $1.3m
- Revenue
- $470.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Winchester, MA
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 83-0424270
Organization Overview
Winchester School Of Chinese Culture Inc is located in Winchester, MA. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Winchester School Of Chinese Culture Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester School Of Chinese Culture 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, Winchester School Of Chinese Culture Inc generated $470.6k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $418.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 3 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WINCHESTER SCHOOL OF CHINESE CULTURE IS TO TEACH THE LANGUAGE AND TRADITIONAL CULTURE OF CHINA THROUGH CLASSROOM INSTRUCTIONS , THE ARTS, AND CULTURAL EVENTS AND TO PROMOTE AND ENGAGE IN CULTURAL EXCHANGES AND CIVIC ACTIVITIES TO DEVELOP AND SUSTAIN COMMUNITY-SCHOOL PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINESE LANGUAGE AND CULTURAL WEEKEND PROGRAM: THE COMPANY PROVIDES AN OPPORTUNITY AND ENVIRONMENT TO LEARN CHINESE LANGUAGE AND CHINESE CULTURE FOR PEOPLE FROM THE COMMUNITIES AND SURROUNDING AREA. THE PROGRAM PROVIDES CLASSES FROM PRESCHOOL TO ADULT. IN 2022, THE PROGRAM OFFERED REGULAR CHINESE LANGUAGE CLASSES FROM JANUARY TO THE END OF JUNE AND FROM SEPTEMBER TO THE END OF YEAR. APPROXIMATELY 41 IN-PERSON AND ON-LINE COURSES WERE OFFERED FOR THE ENTIRE YEAR. ADDITIONALLY, THE PROGRAM ALSO PROVIDED 20 EXTRA CURRICULAR AND 4 BILINGUAL COURSES IN 2022. THE PROGRAM SERVED 618 STUDENTS IN ALL ITS CHINESE LANGUAGE AND CULTURAL PROGRAMS IN 2022.
AFTER-SCHOOL PROGRAMS AND CHINESE TUTORING: THE COMPANY PROVIDES AFTER-SCHOOL PROGRAMS IN BELMONT AND NEWTON LOCATIONS SEPARATED. THE AFTER SCHOOL PROGRAM PROVIDED SUPERVISION, CARE AND ACTIVITIES FOR SCHOOL AGE CHILDREN AFTER THE REGULAR SCHOOL DAY. THE COMPANY HAD REGULAR CHILDCARE SERVICE INCLUDED CHINESE TUTORING. THE PROGRAM FOLLOWS THE PUBLIC SCHOOL DISTRICT CALENDAR (BELMONT OR NEWTON) AND IS NOT OPEN ON THOSE DAYS THAT A GIVEN SCHOOL SYSTEM IS CLOSED, INCLUDING ANNOUNCED SNOW DAYS. IN 2022, THE PROGRAM SERVED 52 STUDENTS AT ITS BELMONT FACILITY AND 15 STUDENTS AT ITS NEWTON FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lian Yu Chairperson | Trustee | 10 | $0 |
Yun Wang Clerk | Trustee | 20 | $0 |
Yu Ying Chen Treasurer | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,482 |
| Total Program Service Revenue | $363,118 |
| 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 | $470,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,359 |
| Advertising and promotion | $7,100 |
| Office expenses | $2,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,625 |
| Travel | $1,513 |
| 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 | $27,179 |
| Insurance | $3,395 |
| All other expenses | $0 |
| Total functional expenses | $418,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,325 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,026,241 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,881 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,925 |
| Total assets | $1,304,372 |
| Accounts payable and accrued expenses | $158,775 |
| Grants payable | $0 |
| Deferred revenue | $562,009 |
| 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 | $0 |
| Other liabilities | $26,228 |
| Total liabilities | $747,012 |
| Net assets without donor restrictions | $554,360 |
| Net assets with donor restrictions | $3,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,304,372 |