Nonprofit · EIN 45-3354247
DREAM ORCHESTRA INC
Tax-exempt · LOS ANGELES, CA 90010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $446,923 | $410,512 | $36,411 | $217,851 | $9,094 | $208,757 |
| December 31, 2023 | 990 | $353,195 | $354,683 | -$1,488 | $193,345 | $20,999 | $172,346 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $236,515
- Program service revenue
- $210,395
- Investment income
- $13
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,000
- Other salaries and wages
- $60,000
- Salaries, compensation and benefits (total)
- $64,702
- Professional fundraising fees
- $0
- Accounting fees
- $2,600
- Travel
- $49,191
- Program services (functional)
- $218,454
- Management and general (functional)
- $192,058
Balance sheet and other
- Total assets, start of year
- $193,345
- Total assets, end of year
- $217,851
- Total liabilities, end of year
- $9,094
- Net assets, end of year
- $208,757
- Net assets without donor restrictions
- $208,757
- Gross receipts
- $446,923
- Employees
- 1
- Year formed
- 2011
- State of legal domicile
- CA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOON KAHM | SECRETARY Officer | 10 | $0 |
| DANIEL SUK | PRESIDENT Officer | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL SUK | PRESIDENT Officer | 20 | $60,000 |
| YOON KAHM | SECRETARY Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3435 WILSHIRE BLVD STE 1950, LOS ANGELES, CA 90010-1934
- Principal officer (990 for 2024)
- DANIEL SUK, 2877 W226TH ST, TORRANCE, CA 90505
- Signed the 990
- DANIEL SUK, PRESIDENT
- Phone
- (213) 383-9665
- Return prepared by
- SARA YEWON KIM CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 45-3354247 or by the name DREAM ORCHESTRA INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE AND SERVE THE LOCAL COMMUNITY WITH MUSICAL TALENTS BY GIVING AND PROMOTING CLASSICAL MUSIC CONCERTS, EDUCATING THE COMMUNITY FOR BETTER UNDERSTANDING OF CLASSICAL MUSIC AND CULTURE, AND HOLDING CHARITY CONCERTS TO SUPPORT THE GROUPS IN NEED WITHIN THE COMMUNITY.
Program accomplishments
- THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE AND SERVE THE LOCAL COMMUNITY WITH MUSICAL TALENTS BY GIVING AND PROMOTING CLASSICAL MUSIC CONCERTS, EDUCATING THE COMMUNITY FOR BETTER UNDERSTANDING OF CLASSICAL MUSIC AND CULTURE, AND HOLDING CHARITY CONCERTS TO SUPPORT THE GROUPS IN NEED WITHIN THE COMMUNITY.
- THE PURPOSE OF THE ORGANIZATION/PROGRAM IS TO EDUCATE CLASSICAL MUSIC AND ORCHESTRAL MUSIC TO YOUNG STUDENTS. ALSO, THE PROGRAM GIVES PERFORMANCE OPPORTUNITIES SO STUDENTS CAN EXPEND THEIR EXPERIENCE IN A WIDE RANGE OF SOCIAL CONTACTS AND BEHAVIOR. THROUGH WEEKLY REHEARSAL, STUDENTS LEARN AND INTRODUCE TO ORCHESTRAL REPERTOIRE. THE GROUP PERFORMS FOR VARIOUS OCCASIONS SUCH AS CHARITY EVENTS, COMMUNITY EVENTS, AND ANNUAL CONCERTS.
- THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE AND SERVE THE LOCAL COMMUNITY WITH MUSICAL TALENTS BY GIVING AND PROMOTING CLASSICAL MUSIC CONCERTS, EDUCATING THE COMMUNITY FOR BETTER UNDERSTANDING OF CLASSICAL MUSIC AND CULTURE, AND HOLDING CHARITY CONCERTS TO SUPPORT THE GROUPS IN NEED WITHIN THE COMMUNITY.Expenses $218,454 · grants $3,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3354247
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A69)
- Assets (IRS master file)
- $217,851
- Income (IRS master file)
- $446,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $446,923 | $410,512 | $217,851 | IRS |
| 990 | December 2023 | $353,195 | $354,683 | $193,345 | XML |
| 990 | December 2022 | $267,130 | $288,280 | $193,481 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-3354247).
Questions about DREAM ORCHESTRA INC
- What is the EIN of DREAM ORCHESTRA INC?
- The employer identification number (EIN) of DREAM ORCHESTRA INC is 45-3354247.
- Is DREAM ORCHESTRA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to DREAM ORCHESTRA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM ORCHESTRA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DREAM ORCHESTRA INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAM ORCHESTRA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DREAM ORCHESTRA INC?
- The 990 for the year ended December 31, 2024 names DANIEL SUK.
- Who are the officers and directors of DREAM ORCHESTRA INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does DREAM ORCHESTRA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $446,923, expenses of $410,512 and total assets of $217,851 at year end.
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