Mco Cultural Exchange Corporation
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sonoma, CA
- Founding
- 12/2000
- Data as of
- 06/2022
- EIN
- 95-4804461
Organization Overview
Mco Cultural Exchange Corporation is located in Sonoma, CA. The organization was established in 2000. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mco Cultural Exchange Corporation 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 06/2022, Mco Cultural Exchange Corporation generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $33.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE MCO CEF HAS CONTINUED TO DO IMPORTANT CULTURAL PROJECTS DURING THE COVID 19 PANDEMIC. MANY OF THE PROJECTS WERE POSTPONED, BUT WE WERE VERY HAPPY TO BE ABLE TO PRODUCE A BEAUTIFUL CD BY COMPOSER BEN MOORE WITH AN ARRAY OF THE FINEST AMERICAN SINGERS. AMERICAN PIANIST BRIAN ZEGER- HEAD OF THE VOCAL DEPARTMENT AT THE JUILLIARD SCHOOL OF MUSIC IN NEW YORK, IS THE COLLABORATIVE ARTIST ON THIS RECORDING. THE RECORDING IS A WORK IN PROGRESS AND IS NOT FULLY EDITED YET. WE CONTINUED TO HELP FUND THE YEREVAN BIENNIAL ART FOUNDATION (AS WE HAVE FOR THE LAST FEW YEARS). THE PROCEEDS IN YEREVAN GO FROM THE SALE OF DONATED WORKS OF ART TO PAY FOR CHILDRENS ONCOLOGICAL AND OTHER TYPES OF MEDICAL TREATMENTS INCLUDING PHYSICAL THERAPY, POST TRAUMATIC STRESS SYNDROME FROM BEING IN ZONES OF ARMENIA WHICH WERE INVOLVED IN A WAR FROM SEPT 2020 - NOVEMBER 9TH, 2020 WHERE 5000 ARMENIAN SOLDIERS WERE KILLED AND THOUSANDS MORE INJURED AND REQUIRED TREATMENT WHICH THE STATE WAS UNABLE TO PROVIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Rosenberger CFO | 10 | $0 | |
David Brin Secretary | 1 | $0 | |
Jane Zimmerman CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,915 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,915 |
| 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 | $3,114 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $33,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,784 |
| Other assets | $0 |
| Total assets | $23,784 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,784 |