Nonprofit · EIN 37-1550649
KOREAN MUSIC ASSOCIATION
Tax-exempt (reinstated) · BELLEVUE, WA 98015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $65,142 | $55,738 | $9,404 | $35,989 | $0 | $35,989 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $61,422
- Membership dues
- $3,720
Expenses
- Compensation of officers, directors and key employees
- $27,200
- Salaries, compensation and benefits (total)
- $23,464
- Professional fees and payments to contractors
- $10,480
- Occupancy
- $6,352
- Printing, publications and postage
- $2,935
- Other expenses
- $12,507
- Program services (functional)
- $55,739
Balance sheet and other
- Total assets, start of year
- $26,585
- Total assets, end of year
- $35,989
- Total liabilities, end of year
- $0
- Net assets, end of year
- $35,989
- Cash, savings and investments
- $35,989
- Gross receipts
- $65,142
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yujin Kim | President, Current | 40 | $18,000 |
| Kyungsin Kim | Former Treasurer | 10 | $5,000 |
| JooHee Hong | Former General Manager | 8 | $3,000 |
| Lindsey | Former Assistant Program Manager | 5 | $1,200 |
| Minae Lee | Treasurer, Current | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 52873, BELLEVUE, WA 98015-2873
- In care of
- % MICHAEL CHO
- Mailing address (990-N for 2025)
- PO BOX 52873, Bellevue WA 98015
- Principal officer (990-N for 2025)
- YUJIN KIM, PO 52873, Bellevue WA 98015
- Signed the 990-EZ
- Yujin Kim, President
- Website
- kmawa.org
Mission
Promote music by Korean and local performing musicians
Program accomplishments
- The KMA organizes annual concerts performed by Korean and local musicians in greater Seattle area, to promote cultural connections and collaborations. Annual attendance averages 250 to 300 people. In 2022, KMA invited the fist-responders and healthcare workers to honor their public service during Covid.Expenses $49,050 · grants $59,000
- The KMA also sponsors Youth Music Scholarship competition annually providing youth with scholarship and an opportunity to perform in a large public stage with accomplished musicians.Expenses $6,689 · grants $6,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 37-1550649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A68)
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: YUJIN KIM | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: YUJIN KIM | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $65,142 | $55,738 | $35,989 | XML |
| 990-N for 2022 Officer: Yujin Kim | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Yujin Kim | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Yujin Kim | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Yujin Kim | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 37-1550649).
Questions about KOREAN MUSIC ASSOCIATION
- What is the EIN of KOREAN MUSIC ASSOCIATION?
- The employer identification number (EIN) of KOREAN MUSIC ASSOCIATION is 37-1550649.
- Is KOREAN MUSIC ASSOCIATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to KOREAN MUSIC ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREAN MUSIC ASSOCIATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of KOREAN MUSIC ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOREAN MUSIC ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of KOREAN MUSIC ASSOCIATION?
- The 990-N for 2025 names YUJIN KIM.
- Who are the officers and directors of KOREAN MUSIC ASSOCIATION?
- The 990-EZ for the year ended December 31, 2023 lists 5 people; 4 received compensation from the organization, the highest $18,000 (Yujin Kim, President, Current).
- How much revenue does KOREAN MUSIC ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $65,142, expenses of $55,738 and total assets of $35,989 at year end.
Other nonprofits in BELLEVUE
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- INTERNATIONAL ASSOCIATION FOR CRYPTOLOGIC RESEARCH EIN 77-0106735 · last filed 990 for 2024
- SEATLE TO SEATLE JAPANESE SCHOOL EIN 42-1554112 · last filed 990 for 2024
- THE BELLEVUE ART MUSEUM EIN 91-6028261 · last filed 990 for 2024
- BELLEVUE YOUTH SYMPHONY ORCHESTRA EIN 91-1630589 · last filed 990 for 2025
- MUSIC WORKS NORTHWEST EIN 91-6072271 · last filed 990 for 2025
- NORTHWEST CHINESE SCHOOL EIN 91-1674030 · last filed 990 for 2025
- AMERICAN ASIAN PERFORMING ARTS THEATRE EIN 84-1709790 · last filed 990 for 2025
All nonprofits in BELLEVUE · Washington · Arts, culture and humanities