2026-09-15T15:41:14-05:00 2025-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2025-01-01 521714111 THE KOREA SOCIETY KORE 2127597525 350 MADISON AVENUE 24TH FLOOR NEW YORK NY 10017 ABRAHAM KIM PRESIDENT & CEO 2127597525 2026-09-09 1 ALEXANDER LAZZARUOLO P01775353 2126617777 2025 ABRAHAM KIM 350 MADISON AVENUE 24TH FLOOR NEW YORK NY 10017 54351403 0 X WWW.KOREASOCIETY.ORG X 1990 DC STRENGTHENING THE BONDS OF AWARENESS, UNDERSTANDING & COOPERATION BETWEEN THE US & KOREA. 21 20 20 44 0 0 2324032 2765381 419581 299175 1015160 8718846 -146611 -144623 3612162 11638779 18000 274300 0 0 1912625 2293731 0 0 970476 2053404 2642495 3984029 5210526 -371867 6428253 29283362 32703653 2604977 1869884 26678385 30833769 X SEE SCHEDULE O. 0 0 851782 0 0 MEDIA: SEE SCHEDULE O. 670885 2300 9843 BUSINESS AND ECONOMICS: SEE SCHEDULE O. 604680 22000 289332 EDUCATION: SEE SCHEDULE O. 1292691 250000 0 POLICY: IN 2025, KOREA SOCIETY'S POLICY PROGRAMS NAVIGATED A YEAR OF PROFOUND GEOPOLITICAL SHIFTS, PROVIDING ESSENTIAL CLARITY AND CREDIBLE INSIGHTS ON THE U.S.-REPUBLIC OF KOREA (ROK) RELATIONSHIP. A DEFINING HIGHLIGHT OF THE YEAR WAS THE VAN FLEET POLICY FORUM, HOSTED AT THE ATLANTIC COUNCIL'S D.C. OFFICE IN PARTNERSHIP WITH THE INDO-PACIFIC SECURITY INITIATIVE. THROUGHOUT THE YEAR, THE SOCIETY'S POLICY TEAM CARRIED OUT LONG-FORM POLICY PROGRAMS AND ENGAGING SHORT-FORM MEDIA FEATURING EXPERT SPEAKERS TOUCHING ON A RANGE OF TOPICS FROM GEOECONOMICS TO DIPLOMACY. THE KIM KOO PROFESSIONAL SERIES REMAINED A CORNERSTONE OF OUR NEW YORK PROGRAMMING, CONVENING BUSINESS, NONPROFIT, ACADEMIC, AND MEDIA PROFESSIONALS FOR SIX SPECIALIZED ROUNDTABLES ON TOPICS RANGING FROM MARITIME SHIPBUILDING COOPERATION TO U.S.-KOREA-JAPAN TRILATERAL RELATIONS. 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: 27REGISTRANTS FOR ALL PROGRAMS: 5,452YOUTUBE VIEWS FOR ALL PROGRAMS: 118,984PODCAST DOWNLOADS FOR ALL PROGRAMS: 16,747ARTS AND CULTURE: IN 2025, THE ARTS & CULTURE DEPARTMENT CONTINUED ITS MISSION TO PROMOTE THE EXCELLENCE AND DIVERSITY OF KOREAN AND KOREAN-AMERICAN ARTISTS, PERFORMERS, AUTHORS, AND OTHER PROFESSIONALS WITHIN THE ARTS AND CULTURE SECTOR. THIS WAS ACHIEVED BY A VARIETY OF EXHIBITIONS AND PROGRAMS OFFERED BOTH IN-PERSON AND ONLINE. BY PROVIDING NUMEROUS, TARGETED PROGRAMS TO CATER TO DIVERSE INTERESTS AND TASTES, THE ARTS & CULTURE DEPARTMENT SUCCESSFULLY ATTRACTED NEW DEMOGRAPHICS AND AUDIENCES. FURTHERMORE, THESE EFFORTS RAISED THE EXPOSURE AND AWARENESS OF KOREAN ARTS AND CULTURE AMONG ENGLISH-SPEAKING AUDIENCES WHILE PROVIDING A VITAL PLATFORM FOR KOREAN, KOREAN-BORN, AND ARTISTS OF KOREAN DESCENT TO SHOWCASE THEIR WORK. NOTABLE PARTICIPANTS INCLUDED ILYON WOO, THE PULITZER-PRIZE WINNING AUTHOR; SARAH AHN AND NAMSOON AHN, THE AUTHORS OF THE NEW YORK TIMES BESTSELLING COOKBOOK UMMA: A KOREAN MOM'S KITCHEN WISDOM AND 100 FAMILY RECIPES; AND LEE CHANG-DONG, THE CELEBRATED KOREAN AUTEUR.TOTAL NUMBER OF PROGRAM: 38TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 5,031YOUTUBE VIEWS FOR PROGRAMS: 20,629THE CONGRESSIONAL STUDY GROUP ON KOREA (CGSK), LAUNCHED IN FEBRUARY 2018 WITH THE U.S. ASSOCIATION OF FORMER MEMBERS OF CONGRESS (FMC), ORGANIZES AN ANNUAL STUDY TOUR TO KOREA FOR MEMBERS OF CONGRESS TO DISCUSS KEY U.S.-ROK ISSUES WITH SENIOR KOREAN OFFICIALS. THE SIXTH ANNUAL MEMBER OF CONGRESS STUDY TOUR WAS SUCCESSFULLY COMPLETED IN APRIL 2025 BY FMC IN COLLABORATION WITH THE KOREA SOCIETY. SEVEN MEMBERS OF CONGRESS, INCLUDING ONE CGSK CO-CHAIR AND SIX OTHER REPRESENTATIVES (THREE DEMOCRATS, THREE REPUBLICANS), MET WITH KOREA'S MINISTER OF FOREIGN AFFAIRS AND OTHER HIGH-LEVEL OFFICIALS AS WELL AS KEY KOREAN BUSINESSES AND PARTNERS DURING THE WEEK IN SEOUL AND NEARBY SITES. 1292691 250000 0 3420038 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 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 WALTER SHARP SECRETARY 2.00 X X 0 0 0 YOUNG CHOI TREASURER 2.00 X 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 PHILIP GOLDBERG DIRECTOR 2.00 X 0 0 0 HARRY HARRIS DIRECTOR 2.00 X 0 0 0 SANDOR HAU DIRECTOR 2.00 X 0 0 0 HY HETHERINGTON DIRECTOR 2.00 X 0 0 0 MIKE JOO DIRECTOR 2.00 X 0 0 0 PIOUS JUNG DIRECTOR 2.00 X 0 0 0 ABRAHAM KIM DIRECTOR 2.00 X 30000 0 0 ANTHONY KIM DIRECTOR 2.00 X 0 0 0 THEODORE KWON DIRECTOR 2.00 X 0 0 0 JUN BONG LEE DIRECTOR 2.00 X 0 0 0 KEVIN 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 MICHAEL WOODS DIRECTOR 2.00 X 0 0 0 JJ YU DIRECTOR 2.00 X 0 0 0 THOMAS J BYRNE PRESIDENT AND CEO 40.00 X 303063 0 18234 HAE KYUNG AHN SENIOR ADVISOR OF OUTREACH 40.00 X 131839 0 22150 HYUN CHO FINANCIAL CONTROLLER 40.00 X 125511 0 7888 JUNGHA OH SENIOR DIRECTOR OF ARTS & CULTURE 40.00 X 106875 0 6225 EUNJUNG KHO DIRECTOR OF ADMINISTRATION 40.00 X 100106 0 20363 797394 0 74860 5 0 1 0 0 302542 768947 1693892 105100 2765381 KOREAN STUDIES 900099 293045 293045 CORPORATE PROGRAMS 900099 6130 6130 299175 542342 542342 50537669 42361165 8176504 8176504 8176504 206836 768947 351459 -144623 -144623 11638779 299175 0 8574223 250000 250000 24300 24300 321297 193611 56916 70770 1574306 948663 278881 346762 71832 43285 12725 15822 197056 118744 34908 43404 129240 77879 22894 28467 28000 28000 36325 36325 140100 5750 134350 36442 24056 4191 8195 13557 8804 1862 2891 1205578 791244 165400 248934 64999 42441 8866 13692 160598 104399 22023 34176 19137 11700 2889 4548 PROGRAM COSTS 751567 685013 66554 CONTRIBUTED AIRLINE TIC 104304 35808 68496 OTHER EXPENSES 81888 54341 9782 17765 5210526 3420038 820012 970476 510019 505675 2161800 492515 50000 1225358 26031 124313 29273 23482 1674012 1147205 659797 526807 23531636 28221947 2314806 1583556 29283362 32703653 102483 161202 2502494 1708682 2604977 1869884 X 12597298 12012501 14081087 18821268 26678385 30833769 29283362 32703653 6428253 -3699789 1426920 0 X 0 1 X 1 0 X 3104291 3238679 2347670 2324032 2765381 13780053 3104291 3238679 2347670 2324032 2765381 13780053 4327951 9452102 474517 597353 651417 990697 622464 3336448 54900 54900 17171401 1698539 0.55050 0.47470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 54,900. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. 2025 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 175260 X 0 17226924 4961079 1212672 20975331 15314860 2744769 832705 17226924 12888186 2799446 372772 15314860 15545155 -2351346 305623 12888186 12411266 42877 3096924 5912 15545155 0.17422 0.46173 0.36405 0 0 1198254 947106 251148 300498 200099 100399 175260 175260 526807 LEASE LIABILITY 1708682 1708682 9329585 -3699789 1426920 -2272869 11602454 36325 36325 11638779 5174201 0 5174201 36325 36325 5210526 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/GALLERIES 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 SOCIETY'S BOARD FOR LONG-TERM OPERATING PURPOSES. ANNUAL DINNER 829792 731692 98100 34837 126181 28585 45936 GOLF TOURNAMENT 135991 33255 102736 87360 16240 12320 10000 4000 6000 975783 768947 206836 122197 142421 28585 58256 351459 -144623 1 FORMER MEMEBERS OF CONGRESS (FMC) 1401 K STREET NW SUITE 901 WASHINGTON DC 20005 540883744 501(C)(3) 250000 0 FMV TO SUPPORT THE CONGRESSIONAL STUDY GROUP ON KOREA 1 TRAVEL EXPENSE AND ASSISTANCE 11 22000 FMV STUDENT COMPETITION AWARDS 3 2300 PART I, LINE 2: THE KOREA SOCIETY AWARDED FORMER MEMBERS OF CONGRESS (FMC) A GRANT OF $250,000 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 303063 0 0 0 0 0 18234 0 0 0 321297 0 0 0 HAE KYUNG AHN SENIOR ADVISOR OF OUTREACH 126839 0 5000 0 0 0 7706 0 14444 0 153989 0 0 0 X AIRLINE E-TICKETS 62 105100 FMV 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 2025, THE KOREA SOCIETY ENHANCED ITS WEB SECURITY AND CONTINUED WITH OUR PRINT PRESENCE. THE WEBSITE AVERAGED 13K CLICKS AND 700K IMPRESSIONS MONTHLY. THE ANNUAL REPORT WON THE GOLD VISION AWARD AND HONORS ARC AWARD (SILVER FOR THE COVER DESIGN) FOR BEST NON-PROFIT ANNUAL REPORT. PRODUCTION CONTINUED FOR THE KIM KOO PROFESSIONAL SERIES BOOKLET (IN COLLABORATION WITH THE KIM KOO FOUNDATION), QUARTERLY DIGITAL PROGRAM CALENDARS, SPECIAL EVENTS, AND GALLERY EXHIBITION PRINT MATERIALS. IN ADDITION, THE KOREA SOCIETY SIGNIFICANTLY EXPANDED ITS MEDIA PRESENCE. MEDIA HITS INCREASED BY 38%, TOTALING 946 OUR HIGHEST RECORDED TOTAL EXCLUDING THE YEAR 2020. COVERAGE INCLUDED ALL PROGRAM AREAS, SPECIAL EVENTS, AND COMMENTARY FROM LEADERSHIP, STAFF, AND BOARD MEMBERS IN TOP-TIER KOREAN AND ENGLISH-LANGUAGE PUBLICATIONS. PODCAST DOWNLOADS REACHED A NEW HEIGHT OF 420,859AN 11.8% INCREASE THAT REFLECTS WIDER CONSUMER TRENDS. YOUTUBE SUBSCRIBERS INCREASED TO 20,800 (HITTING A NEW MILESTONE), AND VIEWS TOTALED 312,442 (A 28% INCREASE, DEMONSTRATING INTEREST IN NEWLY IMPLEMENTED SHORT-FORM CONTENT). SOCIAL MEDIA FOLLOWINGS CONTINUED TO INCREASE ACROSS MAJOR PLATFORMS: LINKEDIN FOLLOWERS GREW 26.2% TO 7,251, FACEBOOK MAINTAINED OVER 152,000 FOLLOWERS, AND INSTAGRAM ALSO SOARED PAST THE 10K MILESTONEREACHING 12,909 FOLLOWERS BY YEAR-END (32.6% INCREASE FROM 2024). PART III, LINE 4B BUSINESS AND ECONOMICS: THROUGH A DIVERSE PORTFOLIO OF PROGRAMS, BUSINESS AND ECONOMICS PROGRAMS CONTINUE TO EXPAND THEIR REACH TO STRENGTHEN THE U.S.KOREA ECONOMIC RELATIONS BY PROVIDING A PLATFORM FOR DIALOGUE, NETWORKING, AND INSIGHT ACROSS KEY SECTORS INCLUDING TECHNOLOGY, MANUFACTURING, FINANCE, AND ENTREPRENEURSHIP. THE U.S.ROK NEW ECONOMIC PARADIGM SERIES EXAMINED EVOLVING ECONOMIC DYNAMICSSUCH AS TARIFFS, SUPPLY CHAINS, AND INDUSTRIAL COOPERATIONTHROUGH EXPERT PANELS AND PRIVATE ROUNDTABLES WITH LEADERS FROM GOVERNMENT, ACADEMIA, AND INDUSTRY. STARTUP SCENE: ENTREPRENEURS OF TOMORROW, SUPPORTED BY HANWHA LIFE, GREW SIGNIFICANTLY WITH ENTREPRENEURIAL FIRESIDE CONVERSATIONS, A FULL-DAY ANNUAL FORUM AT CITI HEADQUARTERS, AND THE LAUNCH OF THE STUDENT STARTUP IDEATION COMPETITION, FOSTERING CROSS-BORDER INNOVATION AND SUPPORTING THE U.S.KOREA STARTUP ECOSYSTEM. THE LEADERSHIP INTERVIEW SERIES FEATURED THE GOVERNOR OF THE BANK OF KOREA DISCUSSING GLOBAL ECONOMIC TRENDS AND FINANCIAL OUTLOOK. THE GLOBAL FINANCIAL LEADERSHIP FORUM CONVENED LEADING INVESTORS AND FINANCIAL EXPERTS TO EXAMINE MACROECONOMIC DEVELOPMENTS AND DEEPEN U.S.KOREA FINANCIAL COOPERATION. TOTAL NUMBER OF PROGRAM (IN-HOUSE ONLY):12 REGISTRATIONS: 1928 YOUTUBE: 9636 PODCAST DOWNLOADED: 2929 THE YOUNG PROFESSIONALS' NETWORK CONTINUED TO SUPPORT LEARNING, CAREER DEVELOPMENT, AND NETWORKING FOR EARLY-CAREER PROFESSIONALS THROUGH CONVERSATIONS WITH KOREAN AND KOREAN AMERICAN LEADERS. IN 2025, YPN HOSTED FIVE PROGRAMS: "HOW TO NAVIGATE CAREER CHANGE" WITH K-BRIDGE; "ROOTED IN GIVING: LEADING KOREAN VOICES IN PHILANTHROPY" WITH THE KOREAN AMERICAN COMMUNITY FOUNDATION (KACF) ASSOCIATE BOARD; "YPN X KOTRA K-MOVE MENTORING DAY" WITH KOTRA NEW YORK AND THE KOREAN CONSULATE GENERAL; "YPN LESSONS LEARNED WITH TONY KIM" WITH THE KOREA FINANCE SOCIETY (KFS); AND "GAINING GLOBAL PERSPECTIVE: INSIGHTS ON WORKPLACE CULTURE." FOUR OF THE FIVE PROGRAMS WERE COLLABORATIVE EFFORTS, EXPANDING YPN'S REACH AND INTRODUCING NEW AUDIENCES TO THE KOREA SOCIETY. TOTAL NUMBER OF PROGRAMS: 5 TOTAL REGISTRATIONS [IN-PERSON & VIRTUAL]: 995 NATIONAL OUTREACH: IN 2025, THE KOREA SOCIETY HOSTED THREE NATIONAL OUTREACH EVENTS IN PARTNERSHIP WITH KEY REGIONAL STAKEHOLDERS: TENNESSEE: WEBINAR "NAVIGATING VISA BARRIERS FOR RESILIENT U.S.KOREA SUPPLY CHAINS; WASHINGTON, DC: NETWORKING EVENT "CONNECTING LEADERS, STRENGTHENING TIES; AND GEORGIA: ANNUAL GALA "BRIDGING NATIONS, EMPOWERING INDUSTRY." THESE EVENTS HELPED THE KOREA SOCIETY ADVANCE THE GOALS OF ITS NATIONAL OUTREACH INITIATIVE: STRENGTHENING THE BROADER FOUNDATION OF THE U.S.KOREA ECONOMIC COOPERATION AND TRADE RELATIONS BY CONNECTING CORPORATE MEMBERS WITH POLICYMAKERS, REGIONAL LEADERS, AND COMMUNITY STAKEHOLDERS. TOTAL NUMBER OF PROGRAM: 3 TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 255 PART III, LINE 4C EDUCATION: IN 2025, THE SOCIETY'S EDUCATIONAL PROGRAMS CONTINUED TO SUCCESSFULLY FOSTER GREATER UNDERSTANDING AND KNOWLEDGE OF KOREA AMONG DIVERSE U.S. AUDIENCES. THE KOREAN LANGUAGE PROGRAM CONTINUED ITS STRONG PERFORMANCE, ATTRACTING OVER 1,158 STUDENTS FROM 44 US STATES, DC, AND 7 COUNTRIES ACROSS ITS FOUR TERMS. THE PROJECT BRIDGE YOUTH AMBASSADOR PROGRAM, AN ACADEMIC YEAR-LONG PROGRAM FOR HIGH SCHOOL STUDENTS, ADVANCED PARTICIPANTS' UNDERSTANDING OF KOREA AND INTERCULTURAL LEADERSHIP SKILLS. ALSO, WE HOSTED 10 IN-PERSON HIGH SCHOOL GROUP WORKSHOPS REACHING 401 STUDENTS AND EDUCATORS. COMPETITIVE APPLICATION PROGRAMS INCLUDE THE SHERMAN FAMILY KOREA EMERGING SCHOLAR LECTURE AWARD, GEARED TO PHD STUDENTS, YOUNG LECTURERS, RESEARCHERS, AND OTHERS IN THE FIELD AND OUR UNDERGRADUATE KOREA STUDY ABROAD TRAVEL GRANT FOR UNDERFINANCED STUDENTS NEEDING ADDITIONAL MONIES FOR ROUND-TRIP TRANSPORTATION COSTS. FINALLY, WE HOSTED FOUR COLLABORATIVE EVENTS, INCLUDING THE KYUNG-UH SCHOLARSHIP ASSOCIATION'S 15TH ANNUAL TEENS SPEAK SPEECH COMPETITION AND THE ANNUAL KOREA AMERICA SCHOOL CONFERENCE (KASC-18) GROUP'S CAPSTONE EVENT. TOTAL NUMBER OF PROGRAMS: 9 TOTAL NUMBER OF COURSES, WORKSHOPS & LECTURES: 125 TOTAL NUMBER OF [IN-PERSON & ONLINE] PARTICIPANTS: 4,074 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.