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Nonprofit · EIN 46-4602943

KOREAN CULTURE CENTER OF NEW YORK INC

Tax-exempt · NEW YORK, NY 10007

Financials

$39K$12K2023$45K$14K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN CULTURE CENTER OF NEW YORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$44,827$14,403$30,424$107,942$55,977$51,965
December 31, 2023990$39,235$11,971$27,264$77,518$55,977$21,541
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$44,827
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$14,403

Balance sheet and other

Total assets, start of year
$77,518
Total assets, end of year
$107,942
Total liabilities, end of year
$55,977
Net assets, end of year
$51,965
Net assets without donor restrictions
$51,965
Gross receipts
$44,827
Employees
0
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YONG K KIMPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
YONG K KIMPRESIDENT
Trustee or director, Officer
20$0

Address and contacts

Address (IRS master file)
291 BROADWAY RM 1800, NEW YORK, NY 10007-2063
Mailing address (990-N for 2014)
38 WEST 32ND ST, ROOM/SUITE 300, NEW YORK NY 10001
Principal officer (990 for 2024)
YONG K KIM, 206-01 LORI DRIVE UNIT 63M, BAYSIDE, NY 11360
Principal officer (990-N for 2014)
KEUM SOOK LEE, 192-20B 67TH AVE, APT 1C, FRESH MEADOWS NY 11365
Signed the 990
YONG K KIM, PRESIDENT
Return prepared by
DAVID SHIN CPA PC

Mission

THE MISSION OF KOREAN CULTURE CENTER OF NEW YORK, INC. IS TO PROMOTE AND ORGANIZE KOREAN CULTURAL, ARTS, EDUCATIONAL, AND SOCIAL ACTIVITIES. IT AIMS TO ESTABLISH A VENUE WHERE ALL KOREAN AMERICANS AND OTHER GROUPS CAN PARTICIPATE IN PROGRAMS AND EVENTS THAT CELEBRATE KOREAN CULTURE AND HERITAGE. HENCE, IT SEEKS TO IMPROVE THE UNDERSTANDING OF KOREAN AMERICANS THROUGH ITS DIVERSE EDUCATIONAL PROGRAMS AND UNIQUE CULTURAL ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO DISCOVER, PRESERVE, AND DEVELOP KOREAN IMMIGRANTS' HISTORY AND KOREAN CULTURAL LEGACIES IN THE UNIED STATES. TO ENHANCE THE UNDERSTANDING OF THE KOREAN CULTURAL'S UNIQUENESS BY PROPAGATING AND EDUCATING KOREA CULTURE TO KOREAN DESCENDANTS AND OTHER PEOPLES TO SERVE AS THE CENTER FOR COOPERATION AMONG ALL KOREA-AMERICANS AND THEIR ORGANIZATION TO SUPPORT CROSS-CULTURAL UNDERSTANDING THAT CAN EMBRACE AND EMPOWER ALL PEROPLE TH COEXIST PEACEFULLY

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-4602943
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$107,942
Income (IRS master file)
$44,827

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$44,827$14,403$107,942XML
990December 2023$39,235$11,971$77,518XML
990December 2022$53,119$42,110$50,254IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: KEUM SOOK LEE
December 31, 2014≤ $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 46-4602943).

Questions about KOREAN CULTURE CENTER OF NEW YORK INC

What is the EIN of KOREAN CULTURE CENTER OF NEW YORK INC?
The employer identification number (EIN) of KOREAN CULTURE CENTER OF NEW YORK INC is 46-4602943.
Is KOREAN CULTURE CENTER OF NEW YORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to KOREAN CULTURE CENTER OF NEW YORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN CULTURE CENTER OF NEW YORK INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KOREAN CULTURE CENTER OF NEW YORK 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 KOREAN CULTURE CENTER OF NEW YORK 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 KOREAN CULTURE CENTER OF NEW YORK INC?
The 990 for the year ended December 31, 2024 names YONG K KIM.
Who are the officers and directors of KOREAN CULTURE CENTER OF NEW YORK INC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does KOREAN CULTURE CENTER OF NEW YORK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $44,827, expenses of $14,403 and total assets of $107,942 at year end.

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