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Nonprofit · EIN 03-0562344

SYLVIA WALD AND PO KIM ART GALLERY

Tax-exempt · NEW YORK, NY 10003

Financials

$473K$1.3M2022$681K$1.6M2023$1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of SYLVIA WALD AND PO KIM ART GALLERY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990-PF$1,048,920$1,338,377-$289,457$24,957,830$4,010,323$20,947,507
March 31, 2024990-PF$681,393$1,633,244-$951,851$24,895,148$3,658,184$21,236,964
March 31, 2023990-PF$472,875$1,289,779-$816,904$25,144,697$2,955,882$22,188,815
Financial details: 990-PF for the year ended March 31, 2025

Revenue

Net rental income
$1,040,616
Other income
$8,304

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$47,835
Disbursements for charitable purposes
$264,898
Excise tax on investment income
$2,505

Balance sheet and other

Total assets, start of year
$24,895,148
Total assets, end of year
$24,957,830
Total liabilities, end of year
$4,010,323
Net assets, end of year
$20,947,507
Fair market value of assets
$24,957,830
Qualifying distributions
$481,817
Net investment income
$1,048,920

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
OWEN JOE
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
PRESIDENT & TREASURER25$0
SUNG CHUL WHANG
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
SECRETARY0.5$0
THOMAS HUBBARD
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE0.5$0
ODELETTE CHO
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE & ART DIRECTOR40$0
DONG JIN OH
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE0.5$0
990-PF for the year ended March 31, 2024: 5 people
NameTitleHours / weekCompensation
OWEN JOE
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
PRESIDENT & TREASURER25$0
SUNG CHUL WHANG
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
SECRETARY0.5$0
THOMAS HUBBARD
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE0.5$0
ODELETTE CHO
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE & ART DIRECTOR40$0
DONG JIN OH
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE0.5$0
990-PF for the year ended March 31, 2023: 5 people
NameTitleHours / weekCompensation
OWEN JOE
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
PRESIDENT & TREASURER25$0
SUNG CHUL WHANG
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
SECRETARY1$0
THOMAS HUBBARD
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE1$0
ODELETTE CHO
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE & ART DIRECTOR35$0
DONG JIN OH
417 LAFAYETTE STREET 4TH FLOOR, NEW YORK, NY 10003
TRUSTEE1$0

Address and contacts

Address (IRS master file)
417 LAFAYETTE ST FL 4, NEW YORK, NY 10003-7010
In care of
% HYONG T CHO/THE GALLERY
Signed the 990-PF
OWEN JOE, PRESIDENT & TREASURER
Phone
(212) 598-1155
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
03-0562344
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2006
Accounting year ends
March
Files
Form 990-PF
Assets (IRS master file)
$24,957,830
Income (IRS master file)
$1,048,920

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2025$1,048,920$1,338,377$24,957,830XML
990-PFMarch 2024$681,393$1,633,244$24,895,148XML
990-PFMarch 2023$472,875$1,289,779$25,144,697XML
990-PFMarch 2022–––IRS
990-PFMarch 2021–––IRS
990-PFMarch 2020–––IRS
990-PFMarch 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0562344).

Questions about SYLVIA WALD AND PO KIM ART GALLERY

What is the EIN of SYLVIA WALD AND PO KIM ART GALLERY?
The employer identification number (EIN) of SYLVIA WALD AND PO KIM ART GALLERY is 03-0562344.
Is SYLVIA WALD AND PO KIM ART GALLERY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to SYLVIA WALD AND PO KIM ART GALLERY tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SYLVIA WALD AND PO KIM ART GALLERY file?
Form 990-PF. Private foundations file every year.
When is the next return of SYLVIA WALD AND PO KIM ART GALLERY due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SYLVIA WALD AND PO KIM ART GALLERY last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2025.
Who are the officers and directors of SYLVIA WALD AND PO KIM ART GALLERY?
The 990-PF for the year ended March 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SYLVIA WALD AND PO KIM ART GALLERY have?
On its 990-PF for the year ended March 31, 2025 it reported revenue of $1,048,920, expenses of $1,338,377 and total assets of $24,957,830 at year end.

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