2024-11-15T14:25:29-05:00 2023-12-31 832719264 LK CPAS LLC 38 W 32ND ST STE 1100 NEW YORK NY 100013879 990 2023-07-06 932255227 KOREAN AMERICAN CULTURE AND ARTS INC KORE 2125949034 11 BROADWAY STE 560 NEW YORK NY 10004 WILLIAM Y KIM TREASURER/DIRECTOR 2125949034 2024-11-15 false WILLIAM YOUNG KIM P00285366 2125949034 2024-11-15 2023 2024-10-15 13:58:12Z X WILLIAM Y KIM 38 W 32ND ST STE 1100 NEW YORK NY 10001 40957 false X X 2023 NY TO EXPAND CULTURAL EXCHANGE THROUGH EXHIBITIONS, PERFORMANCES, FASHION SHOWS,CULINARY EVENTS, DISTRIBUTION OF PUBLICATIONS, AND OTHER ARTISTIC ENDEAVORS BETWEEN KOREA AND THE UNITED STATES 4 4 0 0 40957 0 0 0 40957 0 0 0 0 0 77815 77815 -36858 8142 45000 -36858 TO EXPAND CULTURAL EXCHANGE THROUGH EXHIBITIONS, PERFORMANCES, FASHION SHOWS,CULINARY EVENTS, DISTRIBUTION OF PUBLICATIONS, AND OTHER ARTISTIC ENDEAVORS BETWEEN KOREA AND THE UNITED STATES false false 75926 CONCERTS INTRODUCING THE CULTURES OF BOTH COUNTRIES WERE HELD IN NEW YORK, USA, AND TORONTO, CANADA, FOR CULTURAL EXCHANGE BETWEEN THE UNITED STATES AND SOUTH KOREA. 75926 true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false false false NY X LK CPAS LLC 2125949034 38 W 32ND ST STE 1100 NEW YORK NY 10001 X JONG HOON BAE PRESIDENT/DI X X 0 0 0 KWANG KI KIM DIRECTOR X 0 0 0 WILLIAM Y KIM TREASURER/DI X X 0 0 0 DANA Y LEE DIRECTOR X 0 0 0 false false false 40957 40957 40957 X 7500 7500 33521 33444 77 354 248 106 679 475 204 32693 32111 582 1860 1302 558 141 99 42 1067 747 320 77815 75926 1889 0 3215 4927 0 8142 45000 0 45000 X -36858 0 -36858 0 8142 -36858 X false false X 40957 40957 40957 40957 40957 40957 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LOAN PAYABLE 45000 45000 FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD HAS ELECTED THAT THE TREASURER BE ENTRUSTED WITH ENSURING THAT THE FORM 990 AND SCHEDULES ARE COMPLETED. THE BOARD WILL DO A FINAL REVIEW PRIOR TO SUBMISSION TO THE IRS FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT PROVIDES PROCEDURES TO FOLLOW WHEN CONFLICT OF INTEREST SITUATION ARISE. IN ADDITION, THE POLICY REQUIRES THE OFFICERS AND DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THAT THEY HAVE READ AND UNDERSTOOD THE POLICY, AND THAT THEY AGREE TO FOLLOW THE POLICY. THE POLICY PERTAINS TO INTERESTED PERSONS, DEFINED AS: ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. IF A POTENTIAL CONFLICT WERE TO ARISE, THE CONFLICTED PARTY WOULD NOT BE PERMITTED TO VOTE ON ANY ACTION UNDER CONFLICT FORM 990, PAGE 6, PART VI, LINE 19 THE BOARD DETERMINES AND APPROVES THE COMPENSATION PACKAGE OF THE OFFICERS AND EMPLOYEES FORM 990, PART IX, LINE 11G BANK SERVICE 178 77 0 PROGRAM RENTAL FEE 33,266 0 0 TOTAL 33,444 77 0