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Nonprofit · EIN 52-2372747

AHL FOUNDATION INC

Tax-exempt · NEW YORK, NY 10030

Financials

$239K$229K2022$314K$255K2023$555K$546K2024
Revenue Expenses · by fiscal year end
Financials of AHL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$554,917$546,180$8,737$784,173$0$784,173
July 31, 2024990$314,310$255,071$59,239$828,263$0$828,263
July 31, 2023990$239,195$229,319$9,876$804,329$50,000$754,329
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$332,588
of which government grants
$42,735
Membership dues
$16,000
Program service revenue
$158,432
Investment income
$0
Net income from fundraising events
$63,897
Other revenue
$63,897

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$68,353
Salaries, compensation and benefits (total)
$68,353
Professional fundraising fees
$0
Accounting fees
$2,850
Occupancy
$4,403
Depreciation
$17,187
Program services (functional)
$370,877
Management and general (functional)
$145,331
Fundraising (functional)
$29,972

Balance sheet and other

Total assets, start of year
$828,263
Total assets, end of year
$784,173
Total liabilities, end of year
$0
Net assets, end of year
$784,173
Land, buildings and equipment
$615,855
Net assets without donor restrictions
$168,318
Net assets with donor restrictions
$615,855
Gross receipts
$554,917
Employees
1
Year formed
2002
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
EUNSIL KIMTREASURER
Trustee or director, Officer
–$0
JUNG HYANG KIMBOARD CHAIRP
Trustee or director, Officer
–$0
SOOK NYU KIMPRESIDENT
Trustee or director, Officer
–$0
YOUNG GILL KIMSECRETARY
Trustee or director, Officer
–$0
990 for the year ended July 31, 2024: 4 people
NameTitleHours / weekCompensation
EUNSIL KIMTREASURER
Trustee or director, Officer
–$0
JUNG HYANG KIMBOARD CHAIRP
Trustee or director, Officer
–$0
SOOK NYU KIMPRESIDENT
Trustee or director, Officer
–$0
YOUNG GILL KIMSECRETARY
Trustee or director, Officer
–$0
990 for the year ended July 31, 2023: 4 people
NameTitleHours / weekCompensation
EUNSIL KIMTREASURER
Trustee or director, Officer
–$0
JUNG HYANG KIMBOARD CHAIRP
Trustee or director, Officer
–$0
SOOK NYU KIMPRESIDENT
Trustee or director, Officer
–$0
YOUNG GILL KIMSECRETARY
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
2605 FREDERICK DOUGLASS BLVD, NEW YORK, NY 10030-2142
In care of
% SOOK NYU KIM
Principal officer (990 for 2024)
SOOK NYU KIM, 2605 FREDERICK DOUGLASS BLVD C1, NEW YORK, NY 10030
Signed the 990
SOOK NYU KIM, PRESIDENT
Phone
(646) 590-2900
Return prepared by
HNL CPA FIRM PC

Mission

SEARCH AND BUILD ARTIST NETWORK WHILE BUILDING A WIDER PUBLIC AWARENESS OF KOREAN AND KOREAN-AMERICAN ARTISTS AND THEIR CONTRIBUTIONS TO CONTEMPORARY ART BY PROMOTING THE WORK OF KOREAN ARTISTS THROUGH VISUAL ART AWARDS, PROJECT GRANTS, FELLOWSHIPS, EXHIBITIONS AND PUBLIC COMMISSIONS AND BUILDING A COMMUNITY OF SUPPORTS AND ART ENTHUSIASTS THROUGH PUBLIC LECTURES, WORKSHOPS, MUSEUM TOURS, ART HISTORY CLASSES AND EDUCATIONAL CULTURAL EXPERIENCES FOR THE MEMBERS OF THE GENERAL PUBLIC.

990 for the year ended July 31, 2025

Program accomplishments

  • AHL FOUNDATION, INC. IS THE "ORGANIZATION ENDEAVORS TO SEARCH AND BUILD ARTIST NETWORK WHILE BUILDING A WIDER PUBLIC AWARENESS OF KOREAN AND KOREAN-AMERICAN ARTISTS AND THEIR CONTRIBUTIONS TO CONTEMPORARY ART BY PROMOTING THE WORK OF KOREAN ARTISTS THROUGH VISUAL ART AWARDS, PROJECT GRANTS, FELLOWSHIPS, EXHIBITIONS AND PUBLIC COMMISSIONS. AHL FOUNDATION, INC. COORDINATES AND BUILDS A COMMUNITY OF SUPPORTERS AND ART ENTHUSIASTS THROUGH PUBLIC LECTURES, WORKSHOPS, MUSEUM TOURS, ART HISTORY CLASSES AND EDUCATIONAL CULTURAL EXPERIENCES FOR THE MEMBERS OF THE GENERAL PUBLIC.
  • AHL FOUNDATION, INC. IS THE "ORGANIZATION ENDEAVORS TO SEARCH AND BUILD ARTIST NETWORK WHILE AHL FOUNDATION, INC. IS THE "ORGANIZATION ENDEAVORS TO SEARCH AND BUILD ARTIST NETWORK WHILE TO CONTEMPORARY ART BY PROMOTING THE WORK OF KOREAN ARTISTS THROUGH VISUAL ART AWARDS, PROJECT GRANTS, FELLOWSHIPS, EXHIBITIONS AND PUBLIC COMMISSIONS. AHL FOUNDATION, INC. COORDINATES AND BUILDS A COMMUNITY OF SUPPORTERS AND ART ENTHUSIASTS THROUGH PUBLIC LECTURES, WORKSHOPS, MUSEUM TOURS, ART HISTORY CLASSES AND EDUCATIONAL CULTURAL EXPERIENCES FOR THE MEMBERS OF THE GENERAL PUBLIC.
    Expenses $370,877

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
52-2372747
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
2003
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$784,173
Income (IRS master file)
$554,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$554,917$546,180$784,173XML
990July 2024$314,310$255,071$828,263XML
990July 2023$239,195$229,319$804,329XML
990July 2022$671,613$235,101$844,453IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––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 52-2372747).

Questions about AHL FOUNDATION INC

What is the EIN of AHL FOUNDATION INC?
The employer identification number (EIN) of AHL FOUNDATION INC is 52-2372747.
Is AHL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to AHL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AHL 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 AHL FOUNDATION INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AHL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of AHL FOUNDATION INC?
The 990 for the year ended July 31, 2025 names SOOK NYU KIM.
Who are the officers and directors of AHL FOUNDATION INC?
The 990 for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does AHL FOUNDATION INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $554,917, expenses of $546,180 and total assets of $784,173 at year end.

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