Asian Council
- Assets
- $179.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eugene, OR
- Founding
- 01/1988
- Data as of
- 04/2024
- EIN
- 93-0955254
Organization Overview
Asian Council is located in Eugene, OR. The organization was established in 1988. 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. Asian Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 04/2024, Asian Council generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $33.4k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 8 years. 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
ANNUAL ASIAN CELEBRATION CULTURAL EVENT - PROMOTE AND SHARE ABOUT ASIAN CULTURES THROUGH FOOD, ENTERTAINMENT, DEMONSTRATIONS, ART, AND HANDS-ON ACTIVITIES; ESTIMATED ATTENDANCE OF 3,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Cox Director | 1 | $0 | |
Sy Kim Director | 1 | $0 | |
Lora Lee Director | 1 | $0 | |
Eugenia Su Director | 1 | $0 | |
David Tam President | 1 | $0 | |
Liana Leung Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,855 |
| Total Program Service Revenue | $10,465 |
| Membership dues | $0 |
| Investment income | $3,005 |
| Gain or Loss | $658 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,983 |
| 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 | $2,647 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,229 |
| Other expenses | $27,570 |
| Total expenses | $33,446 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,785 |
| Other assets | $0 |
| Total assets | $179,785 |
| Total liabilities | $13,971 |
| Net assets or fund balances | $165,814 |