Kim Eung Hwa & Korean Dance Academy
- Assets
- $144.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 95-4724483
Organization Overview
Kim Eung Hwa & Korean Dance Academy is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Kim Eung Hwa & Korean Dance Academy 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, Kim Eung Hwa & Korean Dance Academy generated $85.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $88.8k during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO TEACH KOREAN TRADITIONAL FOLK DANCE TO 30 PEOPLETO PERFORM KOREAN TRADITIONAL FOLK DANCE 6 TIMES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eung Hwa Kim President And Director | 0 | $0 | |
Angie Kwon Secretary And Director | 0 | $0 | |
Hannah Hwang CFO And Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,925 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,925 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,600 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $36,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,818 |
| Total expenses | $88,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,757 |
| Other assets | $0 |
| Total assets | $144,790 |
| Total liabilities | $143,020 |
| Net assets or fund balances | $1,770 |