Nonprofit · EIN 45-4759013
CHENG ASIAN ART FOUNDATION INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990 | $163,397 | $24,725 | $138,672 | $406,893 | $24,480 | $382,413 |
| February 28, 2025 | 990 | $100,000 | $1,735 | $98,265 | $290,886 | $47,145 | $243,741 |
| February 29, 2024 | 990 | $0 | $674 | -$674 | $193,821 | $48,345 | $145,476 |
Financial details: 990 for the year ended February 28, 2026
Revenue
- Contributions, gifts and grants
- $159,000
- Program service revenue
- $0
- Investment income
- $4,397
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $650
- Occupancy
- $24,000
- Program services (functional)
- $20,375
- Management and general (functional)
- $4,350
Balance sheet and other
- Total assets, start of year
- $290,886
- Total assets, end of year
- $406,893
- Total liabilities, end of year
- $24,480
- Net assets, end of year
- $382,413
- Gross unrelated business income
- $4,397
- Gross receipts
- $163,397
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2014
- State of legal domicile
- NY
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 February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIU KI CHENG | DIRECTOR | 20 | $0 |
| HIU IAN CHENG | AUTHORIZED OFFICER | 5 | $0 |
| BUN B CHENG | OFFICER | 5 | $0 |
990 for the year ended February 28, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIU KI CHENG | DIRECTOR | 20 | $0 |
| HIU IAN CHENG | AUTHORIZED OFFICER | 5 | $0 |
| BUN B CHENG | OFFICER | 5 | $0 |
990 for the year ended February 29, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIU KI CHENG | DIRECTOR | 20 | $0 |
| HIU IAN CHENG | AUTHORIZED OFFICER | 5 | $0 |
| BUN B CHENG | OFFICER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 105 WEST 27TH STREET, NEW YORK, NY 10001-6249
- In care of
- % LORANCE HOCKERT
- Mailing address (990-N for 2012)
- 114 WEST 28th STREET, NEW YORK NY 10001
- Principal officer (990 for 2025)
- SIU KI CHENG, 105 WEST 27TH STREET 3 FL, NEW YORK, NY 10001
- Principal officer (990-N for 2012)
- HING WAN CHENG, 114 WEST 28th STREET, NEW YORK NY 10001
- Signed the 990
- SIU KI CHENG, DIRECTOR
- Phone
- (718) 669-0918
- Return prepared by
- CTAX INC
Mission
SINCE 2015 WE HAVE AND CONTINUE TO SPONSOR LOCAL ART AND CULTURE PERFOMANCES.
Program accomplishments
- DEVELOPING ARTS, HISTORY, AND SCIENCE INTERDISCIPLINARY EXHIBITSExpenses $20,375 · grants $159,000 · revenue $163,397
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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | 990 on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4759013
- 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
- February
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $406,893
- Income (IRS master file)
- $163,397
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2026 | $163,397 | $24,725 | $406,893 | IRS |
| 990 | February 2025 | $100,000 | $1,735 | $290,886 | IRS |
| 990 | February 2024 | $0 | $674 | $193,821 | XML |
| 990 | February 2023 | $0 | $101 | $193,845 | IRS |
| 990 | February 2022 | – | – | – | IRS |
| 990-EZ | February 2021 | – | – | – | IRS |
| 990-EZ | February 2019 | – | – | – | IRS |
| 990-N for 2012 Officer: HING WAN CHENG | December 31, 2012 | ≤ $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 45-4759013).
Questions about CHENG ASIAN ART FOUNDATION INC
- What is the EIN of CHENG ASIAN ART FOUNDATION INC?
- The employer identification number (EIN) of CHENG ASIAN ART FOUNDATION INC is 45-4759013.
- Is CHENG ASIAN ART FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to CHENG ASIAN ART FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHENG ASIAN ART FOUNDATION 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 CHENG ASIAN ART FOUNDATION INC due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHENG ASIAN ART FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2026.
- Who is the principal officer of CHENG ASIAN ART FOUNDATION INC?
- The 990 for the year ended February 28, 2026 names SIU KI CHENG.
- Who are the officers and directors of CHENG ASIAN ART FOUNDATION INC?
- The 990 for the year ended February 28, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does CHENG ASIAN ART FOUNDATION INC have?
- On its 990 for the year ended February 28, 2026 it reported revenue of $163,397, expenses of $24,725 and total assets of $406,893 at year end.
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