2024-08-15T15:59:06-05:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 521714111 THE KOREA SOCIETY KORE 2127597525 350 MADISON AVENUE 24TH FLOOR NEW YORK NY 10017 THOMAS BYRNE PRESIDENT 2127597525 2024-08-05 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-08-08 14:25:15Z THOMAS BYRNE 350 MADISON AVENUE 24TH FLOOR NEW YORK NY 10017 4900318 0 X WWW.KOREASOCIETY.ORG X 1990 DC STRENGTHENING THE BONDS OF AWARENESS, UNDERSTANDING & COOPERATION BETWEEN THE US & KOREA. 32 32 22 56 0 0 3238679 2347670 281177 491326 1966847 794123 -47559 -92292 5439144 3540827 240781 246086 0 0 1502505 1700758 0 0 637431 1733691 1808740 3476977 3755584 1962167 -214757 27540832 28678396 4062367 3383280 23478465 25295116 X SEE SCHEDULE O. 0 0 621235 MEDIA: SEE SCHEDULE O. 596447 12000 487773 EDUCATION: SEE SCHEDULE O. 437288 POLICY: SEE SCHEDULE O. 963587 234086 3553 CORPORATE: THE KOREA SOCIETY'S CORPORATE PROGRAMS PROVIDE THE INTERNATIONAL BUSINESS COMMUNITY WITH UNIQUE ACCESS TO THE ISSUES AND INDIVIDUALS THAT DEFINE THE U.S.-KOREA BUSINESS RELATIONSHIP IN A RAPIDLY CHANGING GLOBAL ENVIRONMENT. IN CONTINUATION OF THIS EFFORT, OUR ONGOING LEADERSHIP INTERVIEW SERIES DELVED INTO MAJOR ISSUES WITH DISTINGUISHED BUSINESS LEADERS WHO IMPACT THE ECONOMIC PARTNERSHIP BETWEEN THE U.S. AND KOREA.WE ALSO CONTINUE TO ESTABLISH MEANINGFUL PARTNERSHIPS WITH BUSINESS, CORPORATE, AND OTHER STAKEHOLDERS IN THE UNITED STATES AND KOREA. CORPORATE PARTNERSHIPS PROVIDE THE KOREA SOCIETY AND OUR SUPPORTERS WITH INVALUABLE NETWORKING OPPORTUNITIES, FACILITATING CONNECTIONS WITH POTENTIAL DONORS, VOLUNTEERS, AND LIKE-MINDED ORGANIZATIONS IN DIVERSE SECTORS. RECOGNIZING THIS IMPORTANCE, THE SOCIETY HAS INTRODUCED PARTNERSHIP EVENTS AS A NEW SUBCATEGORY OF CORPORATE PROGRAMS TO MAXIMIZE OUR CAPACITY TO HOST MANY TYPES OF EVENTS WITH VARIOUS PARTNERS. LEADERSHIP INTERVIEW SERIES: BUILDING UPON THE SUCCESS OF ITS SECOND YEAR, THE KOREA SOCIETY'S LEADERSHIP INTERVIEW SERIES HAS EXPANDED ITS ROSTER OF FEATURED SPEAKERS IN 2023. THIS SERIES SERVES AS A DYNAMIC PLATFORM HIGHLIGHTING THE CONTRIBUTIONS OF ESTEEMED LEADERS FROM BOTH THE UNITED STATES AND KOREA, FORTIFYING THE MULTIFACETED RELATIONSHIP BETWEEN THE TWO NATIONS. THESE SPEAKERS OFFER VALUABLE INSIGHTS INTO THEIR PERSONAL AND PROFESSIONAL EXPERIENCES, SPANNING AREAS SUCH AS BUSINESS, ECONOMICS, EDUCATION, AND GOVERNANCE. THESE THOUGHT-PROVOKING DISCUSSIONS WITH LEADERS ARE MADE ACCESSIBLE TO THE PUBLIC THROUGH ONLINE PLATFORMS, PROVIDING EASE OF ACCESS AND VIEWING. THE KOREA SOCIETY ACTIVELY LEVERAGES THESE RECIPROCAL RELATIONSHIPS WITH THE INTERVIEWEES TO PROMOTE AND STRENGTHEN ECONOMIC TIES BETWEEN THE U.S. AND KOREA, WITH A NOTABLE IMPACT IN AREAS SUCH AS BUSINESS AND FINANCE.PARTNERSHIP EVENTS: IN 2023, THE KOREA SOCIETY INTRODUCED PARTNERSHIP EVENTS AS A DISTINCT SUBCATEGORY OF CORPORATE PROGRAMS, DESIGNED TO MAXIMIZE ITS CAPACITY TO HOST A VARIETY OF EVENTS IN COLLABORATION WITH DIVERSE PARTNERS. THESE EVENTS SERVE AS A CRUCIAL COLLABORATIVE PLATFORM, OFFERING ORGANIZATIONS AND PROFESSIONALS AMPLE OPPORTUNITIES TO CULTIVATE COOPERATION ACROSS DIVERSE SECTORS. THIS YEAR, THE KOREA SOCIETY SUCCESSFULLY PARTNERED WITH ORGANIZATIONS INCLUDING KOREA INVESTMENT CORPORATION, CONSULATE GENERAL OF THE REPUBLIC OF KOREA IN NEW YORK, AND ENOB. THESE EVENTS HAVE PROVEN PARTICULARLY SUCCESSFUL IN ATTRACTING YOUNG PROFESSIONALS AND STUDENTS EAGER TO LEARN FROM INDUSTRY LEADERS.YOUNG PROFESSIONALS' NETWORK: IN 2023, THE YOUNG PROFESSIONALS' NETWORK (YPN) PROGRAM SERIES CONTINUED TO WORK TOWARDS THE MISSION TO PROVIDE OUR AUDIENCE OF YOUNG PROFESSIONALS WITH A PLATFORM FOR LEARNING, DEVELOPMENT, AND NETWORKING. IN PURSUIT OF THIS GOAL, THE SOCIETY FEATURES KOREAN AND KOREAN AMERICAN EXPERTS FROM A WIDE RANGE OF INDUSTRIES FOR ENGAGING AND THOUGHT-PROVOKING DISCUSSIONS. THIS YEAR, OUR STAR SPEAKER LINEUP INCLUDED: PROFESSOR JOENGKI LIM, TO DISCUSS THE FUTURE OF AI; A PANEL OF STARTUP ENTREPRENEURS, TO PARTICIPATE IN A STARTUP MENTORSHIP PROGRAM; NY FASHION DESIGNER AND FORMER KPOP IDOL SANG A IM, TO SHARE HER FASCINATING CAREER JOURNEY IN THE ARTS; AND KAKAO MOBILITY SENIOR VICE PRESIDENT DR. CHRISTOPHER CHANG, TO DIVE INTO HIS AND KAKAO'S PROFESSIONAL VISION.TOTAL NUMBER OF PROGRAM: 9 TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 886YOUTUBE VIEWS FOR PROGRAMS: 6,612 PODCAST DOWNLOADS: 1,297ARTS AND CULTURE: THE ARTS & CULTURE DEPARTMENT CONTINUES TO PROMOTE THE DIVERSITY AND EXCELLENCE OF KOREAN CULTURE AND CHAMPION ARTISTS AND CREATORS IN VARIOUS MEDIA. IN 2023, MANY OF OUR PROGRAMS WERE PRESENTED IN HYBRID FORMAT, COMBINING IN-PERSON PRESENTATION AT OUR EVENT SPACE WITH LIVE WEBCAST OR VIDEO RELEASE. THE ARTS & CULTURE DEPARTMENT ALSO CONTINUES TO OFFER PRE-RECORDED PROGRAMS, WHICH WORKS PARTICULARLY WELL WITH KOREAN-SPEAKING GUESTS, AS THE VIDEO PRESENTATION INCLUDES ENGLISH SUBTITLES. ALSO INCREASED IN NUMBER ARE OFF-SITE PROGRAMS PRESENTED IN PARTNERSHIP WITH OTHER NEW YORK CULTURAL INSTITUTIONS, SUCH AS PEN AMERICA'S WORLD VOICES FESTIVAL, NEW YORK PUBLIC LIBRARY, COLUMBIA UNIVERSITY, AND MORE. BY PROVIDING A VARIETY OF PROGRAMS AND WAYS TO VIEW THEM, THE ARTS & CULTURE DEPARTMENT IS ATTRACTING NEW DEMOGRAPHICS AND AUDIENCES TO THE KOREA SOCIETY. IN 2023, THE KOREA SOCIETY CONTINUED ITS MISSION TO SHOWCASE KOREAN AND KOREAN-BORN ARTISTS THROUGH EXHIBITIONS AND ARTIST TALK PROGRAMS. THROUGHOUT THE YEAR, THE KOREA SOCIETY'S ARTS & CULTURE DEPARTMENT CONTINUED TO EXPLORE THE GLOBAL POPULARITY OF CONTEMPORARY KOREAN CULTURE THROUGH VARIOUS PROGRAMS. THE KOREA SOCIETY SHOWCASED KOREAN AND KOREAN AMERICAN STORYTELLERS IN FILM AND MEDIA AND CO-PRESENTED AND/OR SPONSORED A VARIETY OF KOREAN MUSIC AND THEATER PERFORMANCES IN PARTNERSHIP WITH OTHER CULTURAL INSTITUTIONS. IN THE FOURTH YEAR OF ITS AUTHOR TALKS VIDEO SERIES, THE KOREA SOCIETY FEATURED DISCUSSIONS WITH AWARD-WINNING KOREAN NOVELISTS WHILE ALSO HOSTING NUMEROUS KOREAN AND KOREAN AMERICAN AUTHORS IN FRONT OF LIVE AUDIENCES.MOST NOTABLE PARTICIPANTS OF ARTS & CULTURE PROGRAMS INCLUDE: SEONGMIN AHN [FINE ART]; ELENOR HYUN [CURATOR]; SUNGLIN KIM [ART HISTORY]; KYUNG-SOOK SHIN [AUTHOR]; STEVE CHUNG [ENTERTAINMENT EXECUTIVE]; YU MIRI [AUTHOR]; JUNGHYUN PARK [CHEF]; AND SOHN JIE-AE [AMBASSADOR FOR CULTURAL CORPORATION].TOTAL NUMBER OF PROGRAM: 41 TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 6,352YOUTUBE VIEWS FOR PROGRAMS: 16,441 PODCAST DOWNLOADS: 4,831CONGRESSIONAL STUDY: THE CONGRESSIONAL STUDY GROUP ON KOREA (CGSK), ESTABLISHED IN PARTNERSHIP WITH THE KOREA FOUNDATION AND THE U.S. ASSOCIATION OF FORMER MEMBERS OF CONGRESS, WAS LAUNCHED IN FEBRUARY 2018. THE SIGNATURE EVENT IS A STUDY TOUR TO KOREA, WHICH BRINGS MEMBERS OF CONGRESS TO MEET SENIOR KOREAN GOVERNMENT OFFICIALS AND OTHER HIGH-LEVEL MEETING PARTNERS TO DISCUSS KEY ISSUES THAT IMPACT THE U.S.-ROK RELATIONSHIP. THE CONGRESSIONAL STUDY GROUP ON KOREA IS MAINLY SUPPORTED BY THE KOREA FOUNDATION AND THE SOCIETY PARTNERS WITH THE ASSOCIATION FOR FORMER MEMBERS OF CONGRESS (FMC) IN WASHINGTON DC, AN ORGANIZATION THAT ALSO RUNS THE LONG-STANDING GERMAN AND JAPAN CONGRESSIONAL STUDY GROUPS. 963587 234086 3553 2618557 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X X HELEN CHO CONTROLLER 2127597525 350 MADISON AVENUE 24TH FLOOR NEW YORK NY 10017 KATHLEEN STEPHENS CHAIR 2.00 X X 0 0 0 CARTER BOOTH SECRETARY 2.00 X X 0 0 0 YOUNG CHOI TREASURER 2.00 X X 0 0 0 BYEONG CHAN BAI DIRECTOR 2.00 X 0 0 0 NICHOLAS BRATT DIRECTOR 2.00 X 0 0 0 MICHAEL BURKE DIRECTOR 2.00 X 0 0 0 VICTOR CHA DIRECTOR 2.00 X 0 0 0 JUN CHOI DIRECTOR 2.00 X 0 0 0 KYOUNGSIK CHOI DIRECTOR 2.00 X 0 0 0 HENRY DO DIRECTOR 2.00 X 0 0 0 SUSAN GREENWELL DIRECTOR 2.00 X 0 0 0 JI HOON HONG DIRECTOR 2.00 X 0 0 0 THOMAS C HUBBARD DIRECTOR 2.00 X 0 0 0 OWEN YOUNG JOE DIRECTOR 2.00 X 0 0 0 PIOUS JUNG DIRECTOR 2.00 X 0 0 0 SONG K JUNG DIRECTOR 2.00 X 0 0 0 ABRAHAM KIM DIRECTOR 2.00 X 0 0 0 ANTHONY KIM DIRECTOR 2.00 X 0 0 0 HAE-YOUNG KIM DIRECTOR 2.00 X 0 0 0 MEE KIM DIRECTOR 2.00 X 0 0 0 KEVIN LEE DIRECTOR 2.00 X 0 0 0 JUN BONG LEE DIRECTOR 2.00 X 0 0 0 MARK LIPPERT DIRECTOR 2.00 X 0 0 0 TAMI OVERBY DIRECTOR 2.00 X 0 0 0 CHONG-YUN PARK DIRECTOR 2.00 X 0 0 0 WILLIAM R RHODES DIRECTOR 2.00 X 0 0 0 WALTER SHARP DIRECTOR 2.00 X 0 0 0 PHILIP D SHERMAN DIRECTOR 2.00 X 0 0 0 YONG SOHN DIRECTOR 2.00 X 0 0 0 MICHAEL WOODS DIRECTOR 2.00 X 0 0 0 GENE YOON DIRECTOR 2.00 X 0 0 0 TAE-BONG YOON DIRECTOR 2.00 X 0 0 0 THOMAS J BYRNE PRESIDENT AND CEO 40.00 X 301406 0 18084 JIYOUNG SUH SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 129167 0 27596 HYUN CHO FINANCIAL CONTROLLER 40.00 X 106443 0 6140 537016 0 51820 3 0 1 0 0 256462 747286 1343922 18000 2347670 KOREAN STUDIES 900099 487773 487773 CORPORATE PROGRAMS 900099 3553 3553 491326 651417 651417 1209614 1066908 142706 142706 142706 200291 747286 292583 -92292 -92292 3540827 491326 0 701831 234086 234086 12000 12000 319491 200182 57867 61442 1102784 690969 199736 212079 50327 31533 9115 9679 134068 84003 24282 25783 94088 58953 17041 18094 26300 26300 1020 1020 28788 19460 4298 5030 872198 602085 125916 144197 21962 15236 3167 3559 145585 100441 21014 24130 18172 12376 2537 3259 PROGRAM COSTS 590394 495512 94882 OTHER EXPENSES 48915 34792 5105 9018 CONTRIBUTED AIRLINE TIC 40382 16778 23604 EQUIP. RENTAL & MAINTEN 15024 10151 2198 2675 3755584 2618557 499596 637431 475580 340035 2374301 2259465 825427 325234 124593 106278 24854 22914 1605383 833893 881202 771490 19169173 21844725 3665702 3008255 27540832 28678396 83847 124774 3978520 3258506 4062367 3383280 X 12422382 12546729 11056083 12748387 23478465 25295116 27540832 28678396 -214757 2031408 0 X 0 1 X 1 0 X 3005158 2467306 3104291 3238679 2347670 14163104 3005158 2467306 3104291 3238679 2347670 14163104 5747395 8415709 457579 436757 474517 597353 651417 2617623 2055 54900 56955 16837682 1308078 0.49980 0.48680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 2,055. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 54,900. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 175260 X 0 12888186 2799446 372772 15314860 15545155 -2351346 305623 12888186 12411266 42877 3096924 5912 15545155 18846492 45064 360753 6841043 12411266 16778241 858968 -1209283 18846492 0.20022 0.63238 0.16740 0 0 1180100 708060 472040 250022 125833 124189 175261 175261 771490 RIGHT TO USE ASSET 3008255 3008255 LEASE LIABILITY 3258506 3258506 5572235 2031408 2031408 3540827 0 3540827 3755584 0 3755584 0 3755584 PART III, LINE 4: THE ARTWORK SUPPORTS THE SOCIETY'S MISSION TO PROMOTE GREATER AWARENESS AND UNDERSTANDING BETWEEN AMERICANS AND KOREANS BY ORGANIZING TRAVELING EXHIBITIONS OF KOREAN ART TO AMERICAN UNIVERSITIES/GALLARIES AND OTHER FACILITIES. PART V, LINE 4: TEMPORARILY RESTRICTED ENDOWMENTS ARE THE EARNINGS FROM THE PERMANENT ENDOWMENT FUNDS TO SUPPORT THE PROGRAM EXPENSES THAT HAVE NOT YET SATISFIED THE DONORS' STIPULATIONS. THE BOARD DESIGNATED ENDOWMENT IS THE FUNDS SET ASIDE BY THE KOREA SOCEITY'S BOARD FOR LONG-TERM OPERATING PURPOSES. ANNUAL DINNER 782811 674061 108750 1000 120803 13085 66928 GOLF TOURNAMENT 164766 73225 91541 5000 55690 20051 10026 947577 747286 200291 5000 56690 140854 13085 76954 292583 -92292 1 FORMER MEMEBERS OF CONGRESS (FMC) 1401 K STREET NW SUITE 901 WASHINGTON DC 20005 540883744 501(C)(3) 234086 0 TO SUPPORT THE CONGRESSIONAL STUDY GROUP ON KOREA 1 TRAVEL EXPENSE 6 12000 FMV PART I, LINE 2: THE KOREA SOCIETY AWARDED FORMER MEMBERS OF CONGRESS (FMC) A GRANT OF $234,086 TO SUPPORT PROGRAMMING OF THE CONGRESSIONAL STUDY GROUP ON KOREA (CSGK). PROGRAMMING SUPPORTED BY THIS GRANT INCLUDED TRAVEL AND LODGING EXPENDITURES ASSOCIATED WITH THE OUTLINED RESPONSIBILITIES OF A CONGRESSIONAL STUDY TOUR, WHICH ENVISIONS THREE SEPARATE DELEGATIONS OF MEMBERS OF CONGRESS, CHIEFS OF STAFF, AND DISTRICT DIRECTORS. FMC REPORTED THE RESULTS OF PROGRAMMING AND ITS RELATED COSTS TO THE KOREA SOCIETY BY THE END OF THE GRANT PERIOD. X X 0 0 0 0 0 0 0 0 0 THOMAS J BYRNE PRESIDENT AND CEO 301406 0 0 0 0 0 18084 0 0 0 319490 0 0 0 JIYOUNG SUH SENIOR DIRECTOR OF DEVELOPMENT 124167 0 5000 0 0 0 7450 0 20146 0 156763 0 0 0 PART III, LINE 1 THE KOREA SOCIETY (THE "SOCIETY") IS A NONPROFIT, NONPARTISAN, 501(C)(3) ORGANIZATION WITH INDIVIDUAL AND CORPORATE MEMBERS THAT IS DEDICATED SOLELY TO THE PROMOTION OF GREATER AWARENESS, UNDERSTANDING AND COOPERATION BETWEEN THE PEOPLE OF THE UNITED STATES AND KOREA. IN PURSUIT OF ITS MISSION, THE SOCIETY ARRANGES PROGRAMS THAT FACILITATE DISCUSSION, EXCHANGES AND RESEARCH ON TOPICS OF VITAL INTEREST TO BOTH COUNTRIES IN THE AREAS OF PUBLIC POLICY, BUSINESS, EDUCATION, INTERCULTURAL RELATIONS AND THE ARTS. FUNDING FOR THESE PROGRAMS IS DERIVED FROM CONTRIBUTIONS, ENDOWMENTS, GRANTS, MEMBERSHIP DUES AND PROGRAM FEES. FROM ITS BASE IN NEW YORK CITY, THE SOCIETY SERVES AUDIENCES ACROSS THE COUNTRY THROUGH ITS OWN OUTREACH EFFORTS AND BY FORGING STRATEGIC ALLIANCES WITH COUNTERPART ORGANIZATIONS IN OTHER CITIES THROUGHOUT THE UNITED STATES AS WELL AS IN KOREA. PART III, LINE 4A MEDIA: IN 2023, THE KOREA SOCIETY CONTINUED TO MAKE SIGNIFICANT STRIDES IN THE REALMS OF WEB AND PRINT. THE KOREA SOCIETY'S ANNUAL REPORT GARNERED INTERNATIONAL ACCLAIM ONCE AGAIN, CLINCHING BOTH THE GOLD VISION AWARD AND THE SILVER ARC AWARD FOR THE BEST ANNUAL REPORT IN THE NON-PROFITS CATEGORY. NOTABLY, THE KIM KOO PROFESSIONAL SERIES BOOKLET MAINTAINED ITS PRODUCTION MOMENTUM THROUGH COLLABORATION WITH THE KIM KOO FOUNDATION AS WELL AS QUARTERLY DIGITAL PROGRAM CALENDARS, SPECIAL EVENTS AND GALLERY EXHIBITION PRINT MATERIALS. THE KOREA SOCIETY CONTINUED TO AMPLIFY ITS VOICE IN BOTH PRINT AND DIGITAL MEDIA IN 2023. THE TOTAL NUMBER OF MEDIA HITS FROM JANUARY TO DECEMBER 1ST OF THIS YEAR WAS 526; THESE MEDIA HITS FEATURED SOCIETY PROGRAMS AND EVENTS, AS WELL AS QUOTES AND COMMENTARY FROM SOCIETY STAFF AND BOARD MEMBERS. IN FEBRUARY 2023, PRESIDENT BYRNE WAS INTERVIEWED BY THE KOREA TIMES ON THE LIKELIHOOD OF A US-NK SUMMIT THIS YEAR. PRESIDENT BYRNE WAS ALSO FEATURED IN APRIL ON A CHANNEL NEWS ASIA SEGMENT ON SOUTH KOREAN PRESIDENT YOON SEOK YEOL'S STATE VISIT. IN A MAY ARTICLE FOR THE KOREA HERALD, PRESIDENT BYRNE WROTE ABOUT THE MATURITY AND DEVELOPMENT OF THE 70-YEAR US-ROK ALLIANCE, AND IN NOVEMBER, PRESIDENT BYRNE GAVE AN INTERVIEW WITH KOREA JOONGANG DAILY ON INCREASED KOREAN INVESTMENT IN THE UNITED STATES AND THE ROLE THAT SOFT POWER PLAYS IN THIS "K-INVESTMENT WAVE." THESE APPEARANCES IN WIDELY PUBLICIZED MEDIA REFLECT THE KOREA SOCIETY'S STANDING AS A PROMINENT AND RESPECTED SOURCE FOR ANALYSIS AND COMMENTARY. WE WILL CONTINUE TO NURTURE OUR MEDIA RELATIONS AS WELL AS SEEK CONNECTIONS WITH NEW TOP-TIER OUTLETS IN 2024. THE KOREA SOCIETY CONTINUES TO FOSTER A PREVALENT VOICE ACROSS ONLINE PLATFORMS. FROM JANUARY 1 TO DECEMBER 1 OF 2023, THE SOCIETY'S WEBSITE HAD OVER A RECORD 192,000 USERS. FROM JANUARY TO DECEMBER 1ST OF THIS YEAR, THE KOREA SOCIETY'S PODCASTS SURPASSED OVER 336,885 DOWNLOADS, ALSO A RECORD HIGH, BRINGING OUR CUMULATIVE TOTAL PODCAST DOWNLOADS TO ALMOST 2,500,000. OUR YOUTUBE CHANNEL, AN INFLUENTIAL PLATFORM WHERE THE SOCIETY'S PROGRAMS ARE RECORDED AND LIVE STREAMED FOR ONLINE AUDIENCES, ACCUMULATED OVER 162,000 VIEWS FROM JANUARY 1 TO DECEMBER 1, 2023; IN THE SAME TIME PERIOD, OUR CHANNEL SUBSCRIBERS GREW TO 15,822, AN 8.9% INCREASE FROM THE YEAR PRIOR. THE SOCIETY'S SOCIAL MEDIA ACCOUNTS SHOW HIGH AUDIENCE ENGAGEMENT AND INTEREST ACROSS THE BOARD. OUR LINKEDIN PAGE HAS GROWN SUBSTANTIALLY, ATTRACTING AN AUDIENCE OF 4,424 FOLLOWERS, A 45.2% INCREASE FROM THE YEAR PRIOR. OUR INSTAGRAM ACCOUNT HAS OVER 8,724 FOLLOWERS AS OF DECEMBER 1 THIS YEAR (A 25.8% INCREASE), AND THE SOCIETY'S TWITTER ACCOUNT HAS AMASSED OVER 33,700 FOLLOWERS. THE KOREA SOCIETY WILL CONTINUE TO ESTABLISH ITS PRESENCE IN PRINT, ONLINE, AND SOCIAL MEDIA IN 2024. PART III, LINE 4B POLICY: IN 2023, KOREA SOCIETY POLICY PROGRAMS DREW LEADING NEW YORK CITY-BASED POLICY PROFESSIONALS, CORPORATE LEADERS, MAJOR MEDIA EDITORS AND CORRESPONDENTS, UN SENIOR STAFF AND MISSION PERSONNEL, AND UNIVERSITY PROFESSORS AND GRADUATE STUDENTS INTERESTED IN KOREA. HIGHLIGHTS FOR 2023 INCLUDED TWO CONFERENCES CELEBRATING THE 70TH ANNIVERSARY OF THE U.S.-SOUTH KOREA ALLIANCE, AT PRINCETON UNIVERSITY AND THE UC SAN DIEGO SCHOOL OF GLOBAL POLICY AND STRATEGY. THROUGHOUT THE YEAR, THE POLICY TEAM OFFERED A RANGE OF PUBLIC POLICY EVENTS TO SERVE AS A FORUM FOR EXCHANGE ON TOPICS SUCH AS THE U.S.-KOREA ALLIANCE, KOREA'S REGIONAL RELATIONS, AND NORTH KOREA ISSUES, ATTRACTING AN IN-PERSON AUDIENCE IN NEW YORK AND A GLOBAL AUDIENCE ONLINE. A ROUNDTABLE DIALOGUE SERIES CALLED THE KIM KOO PROFESSIONAL SERIES AT THE KOREA SOCIETY BROUGHT TOGETHER SENIOR NEW YORK PROFESSIONALS FROM BUSINESS, MEDIA AND INTERNATIONAL ORGANIZATIONS FOR A TIMELY DISCUSSION OF EVENTS ON THE KOREAN PENINSULA AND IN EAST ASIA.THE SOCIETY HONORED U.S. VETERANS WITH AN ANNUAL ARMISTICE DAY SALUTE TO AMERICAN AND KOREAN AMERICAN VETERANS OF THE KOREAN WAR. TOTAL NUMBER OF PROGRAMS: 35 REGISTRANTS FOR PROGRAMS: 5,519 YOUTUBE VIEWS FOR PROGRAMS: 22,193 PART III, LINE 4C EDUCATION: IN 2023, THE SOCIETY'S EDUCATIONAL PROGRAMS OFFERED A VARIETY OF OPPORTUNITIES AND RESOURCES FOR INDIVIDUALS, EDUCATORS, AND STUDENTS FOCUSED ON ADVANCING KNOWLEDGE AND UNDERSTANDING OF KOREA IN THE US AND PROMOTING MUTUAL UNDERSTANDING AMONG THE PEOPLES OF BOTH COUNTRIES. THE SOCIETY'S EDUCATIONAL PROGRAMS IN 2023 INCLUDED THE FOLLOWING. THE SOCIETY'S KOREAN LANGUAGE PROGRAM COMPLETELY REVAMPED ITS STRUCTURE, OFFERING AN EIGHT (8) LEVEL PROGRAM OFFERED OVER FOUR TERMSA TEN-WEEK WINTER, SPRING AND FALL TERM AND AN EIGHT WEEK SUMMER TERM, THAT ATTRACTED A RECORD-BREAKING 1,314 STUDENTS, MORE THAN DOUBLE THE TOTAL NUMBER OF ENROLLEES IN 2022. STUDENTS HAILED FROM 43 STATES AND THE DISTRICT OF COLUMBIA AND 13 COUNTRIES. FURTHER, WE RETURNED TO IN-PERSON CLASSES, THE FIRST SINCE PRE-COVID 19. OUR PROJECT BRIDGE YOUTH AMBASSADOR PROGRAM, THE EDUCATION DEPARTMENT'S LONGEST-RUNNING PROGRAM, CELEBRATED ITS 30TH ANNIVERSARY IN 2023. IT IS AN ACADEMIC YEAR-LONG PROGRAM FOR HIGH SCHOOL STUDENTS THAT AIMS TO ADVANCE PARTICIPANTS' UNDERSTANDING OF KOREA WHILE DEVELOPING THEIR LEADERSHIP SKILLS. OVER THE COURSE OF NINE (9) MONTHS IT PROVIDES BI-MONTHLY WORKSHOPS, A TEN-DAY STUDY TOUR TO KOREA AND IN 2023 A PUBLIC ANNIVERSARY CELEBRATION WHICH ATTRACTED MANY ALUMNI, TEACHERS AND FAMILY MEMBERS. OUR GENERAL KOREAN STUDIES PROGRAMMING INCLUDED IN-PERSON HIGH SCHOOL GROUP WORKSHOPS WHERE IN 2023 WE QUADRUPLED THE NUMBERS REACHED AS COMPARED TO PREVIOUS YEARS TO NEARLY 320 STUDENTS AND EDUCATORS. WORKSHOP TOPICS INCLUDED: KOREAN HISTORY, KOREAN WAR/ARMISTICE-RELATED TOPICS, SIJO WRITING, KOREAN LANGUAGE AND ETIQUETTE, CUISINE, LITERATURE DISCUSSIONS SUCH AS PACHINKO, AND AN EXPLORATION OF THE CURRENT ART EXHIBITIONS AT THE SOCIETY. FURTHER WE OFFERED TWO LECTURES IN OUR CURRENT AND FUTURE DIRECTIONS IN KOREAN STUDIES, GEARED TO THE HIGHER EDUCATION COMMUNITY. AND WE CONTINUED TO ENHANCE AND EXPAND OUR ONLINE RESOURCES FOR EDUCATORS. THE DEPARTMENT CONTINUED TO ADMINISTER THE SOCIETY'S PRESTIGIOUS RISING STAR AWARD, THE SHERMAN FAMILY KOREA EMERGING SCHOLAR LECTURE AWARD, GEARED TO PHD STUDENTS, YOUNG LECTURERS, RESEARCHERS, AND OTHERS IN THE FIELD WHICH INCLUDES TRAVEL AND LODGING TO NEW YORK TO OFFER THE LECTURE AND A $2,500 HONORARIUM. IN FALL 2023, THE EDUCATION DEPARTMENT INITIATED AN UNDERGRADUATE KOREA STUDY ABROAD TRAVEL GRANT COMPETITION AS PART OF ITS COMMITMENT TO PROMOTING GREATER AWARENESS, UNDERSTANDING AND COOPERATION BETWEEN THE PEOPLE OF THE U.S. AND KOREA. GEARED TO UNDERFINANCED STUDENTS NEEDING ADDITIONAL MONIES TO COVER TRANSPORTATION COSTS, THIS 'TOPPING OFF' GRANT OF $2,000 WAS OFFERED TO SIX STUDENTS. AND WE CONTINUED TO ENHANCE OUR ONLINE RESOURCES FOR EDUCATORS. TOTAL NUMBER OF KOREAN LANGUAGE STUDENTS: 1,314 TOTAL NUMBER OF HIGH SCHOOL WORKSHOP: 7 IN-PERSON PARTICIPANTS: 317 TOTAL NUMBER OF EDUCATION PUBLIC EVENTS & LECTURES: 4 REGISTRANTS (BOTH ONLINE AND IN-PERSON): 724 YOUTUBE PROGRAM VIEWS: 1,863 PODCAST DOWNLOADS: 948 TOTAL NUMBER OF KOREAN STUDIES RESOURCES LANDING PAGE HITS: 3,982 FORM 990, PART VI, SECTION A, LINE 6 THE KOREA SOCIETY, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THERE SHALL BE A NOMINATING COMMITTEE CONSISTING OF 5 TO 7 DIRECTORS. ANY DIRECTOR MAY NOMINATE ANY DIRECTOR TO SERVE ON THE NOMINATING COMMITTEE. THE MEMBERS OF THE NOMINATING COMMITTEE SHALL BE ELECTED BY THE BOARD OF DIRECTORS, BY A MAJORITY VOTE OF DIRECTORS PRESENT, TO HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING OR UNTIL THEIR SUCCESSORS ARE ELECTED AND QUALIFIED. VACANCIES ON THE NOMINATING COMMITTEE MAY BE FILLED BY THE BOARD OF DIRECTORS AT ANY MEETING. FORM 990, PART VI, SECTION A, LINE 7B ALL DECISIONS MADE BY THE EXECUTIVE COMMITTEE MUST BE APPROVED BY THE ENTIRE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PROFESSIONAL ACCOUNTANT AND REVIEWED BY THE AUDIT COMMITTEE. AFTER THE AUDIT COMMITTEE MEMBERS' QUESTIONS ARE ANSWERED BY THE INDEPENDENT PROFESSIONAL ACCOUNTANT, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE FIRST MEETING OF THE YEAR, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST, IF ANY, WITH THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 15A THE NOMINATING COMMITTEE WILL CONSIST OF AN INDEPENDENT BOARD MEMBER REVIEW AND APPROVAL OF THE COMPENSATION OF THE SOCIETY'S TOP MANAGEMENT OFFICIALS BEFORE THE CHAIRMAN SIGNS THE EMPLOYMENT CONTRACT WITH THEM. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.