Kundiman Inc is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Kundiman Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kundiman Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Kundiman Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $694.2k during the year ending 12/2022. While expenses have increased by 30.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A SAFE, YET RIGOROUS SPACE FOR ASIAN AMERICAN WRITERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE CREATIVE WRITING WORKSHOPS, 6-MONTH MENTORSHIP PROGRAM, AND ONLINE READINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cathy Linh Che Executive Di | Officer | 20 | $41,878 |
Joseph O Legaspi President | OfficerTrustee | 1 | $0 |
Lester Szeto Vice Preside | OfficerTrustee | 1 | $0 |
Erica Tsai Secretary | OfficerTrustee | 1 | $0 |
Paul Manlapig Treasurer | OfficerTrustee | 1 | $0 |
Ajay Khana Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $14,921 |
Related organizations | $0 |
Government grants | $181,740 |
All other contributions, gifts, grants, and similar amounts not included above | $1,026,393 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,223,054 |
Total Program Service Revenue | $72,262 |
Investment income | -$527 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $26,740 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,322,528 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $41,878 |
Compensation of current officers, directors, key employees. | $10,469 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $343,561 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $28,611 |
Payroll taxes | $33,622 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,934 |
Fees for services: Lobbying | $1,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,510 |
Advertising and promotion | $2,255 |
Office expenses | $9,427 |
Information technology | $7,475 |
Royalties | $0 |
Occupancy | $0 |
Travel | $22,764 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,357 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,883 |
Insurance | $3,300 |
All other expenses | $1,531 |
Total functional expenses | $694,218 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,234,811 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $175,022 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,114 |
Investments—publicly traded securities | $2,190 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,416,137 |
Accounts payable and accrued expenses | $17,612 |
Grants payable | $0 |
Deferred revenue | $24,508 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $42,120 |
Net assets without donor restrictions | $681,564 |
Net assets with donor restrictions | $692,453 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,416,137 |