Kyoungs Pacific Beat Inc is located in Brooklyn, NY. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kyoungs Pacific Beat 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 06/2024, Kyoungs Pacific Beat Inc generated $81.6k 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 (26.2%) each year. All expenses for the organization totaled $272.4k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
KYOUNG'S PACIFIC BEAT PREMIERED A STREAMPLAY PRODUCTION OF NERO, PRESENTED A STAGED READING OF ITS NEXT WORK-IN-PROGRESS OTHER NO MORE, AND HELD COMMUNITY-LED EVENTS IN PARTNERSHIP WITH GAPIMNY, CARIBBEAN EQUALITY PROJECT, ASIANS FIGHTING INJUSTICE AND THE EXPONENTIAL FESTIVAL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Shen Treasurer | 2 | $0 | |
Jason Tseng Co-Chair | 2 | $0 | |
Ann Marie Lonsdale Vice Chair | 5 | $0 | |
Sooyoung Hwang Treasurer | 2 | $0 | |
Pennymaria Jackson Board Member | 5 | $0 | |
Claudia Acosta Co-Chair | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,089 |
| Total Program Service Revenue | $551 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,375 |
| Professional fees and other payments to independent contractors | $16,917 |
| Occupancy, rent, utilities, and maintenance | $4,562 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $192,564 |
| Total expenses | $272,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,578 |
| Other assets | $0 |
| Total assets | $17,676 |
| Total liabilities | $517 |
| Net assets or fund balances | $17,159 |