Museum Of Chinese In The America
- Assets
- $21.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 35
- Location
- New York, NY
- Founding
- 11/1982
- Data as of
- 12/2022
- EIN
- 11-2517055
Organization Overview
Museum Of Chinese In The America is located in New York, NY. The organization was established in 1982. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Museum Of Chinese In The America employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Chinese In The America 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, Museum Of Chinese In The America generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM OF CHINESE IN AMERICA AIMS TO ENGAGE AUDIENCES IN AN ONGOING AND HISTORICAL DIALOGUE, IN WHICH PEOPLE OF ALL BACKGROUNDS ARE ABLE TO SEE AMERICAN HISTORY THROUGH A CRITICAL PERSPECTIVE, TO REFLECT ON THEIR OWN EXPERIENCES, AND TO MAKE MEANINGFUL CONNECTIONS BETWEEN: THE PAST AND THE PRESENT, THE GLOBAL AND THE LOCAL, THEMSELVES AND OTHERS.
Describe the Organization's Program Activity:
TO PRESERVE AND INTERPRET THE HISTORY AND CULTURE OF CHINESE AND THEIR DESCENDANTS IN THE UNITED STATES. RESEARCH AND DISSEMINATE HISTORICAL AND CURRENT INFORMATION AND MATERIALS REGARDING THE COMMUNITY HERITAGE. INCLUDED IN ITS PROGRAMS IS THE DIGITAL MOCA PROJECT, A NATIONAL ONLINE DESTINATION FOR PEOPLE TO EXPLORE, CONNECT WITH AND LEARN ABOUT THE CULTURE AND EXPERIENCES OF THE CHINESE IN AMERICA FROM ANYWHERE IN THE WORLD. AT THE HEART OF THIS PURELY ONLINE EXPERIENCE WILL BE A REPOSITORY THAT WILL COLLECT, DOCUMENT AND PRESENT CHINESE AMERICAN STORIES FROM AROUND THE NATION, INCLUDING TEXT, IMAGES AND MULTIMEDIA--AND INCORPORATE THEM INTO MOCA'S COLLECTIONS. IT WILL CREATE A VIBRANT ONLINE COMMUNITY THAT ALSO REDEFINES THE NATURE AND CAPACITY OF A CULTURAL HISTORY MUSEUM AS A CENTER FOR PRESERVING HUMAN STORIES, NOT JUST OBJECTS.MOCA MAINTAINS A RIGOROUS CURRENT EXHIBITS SCHEDULE WITH TWO NEW EXHIBITS EACH YEAR AS WELL AS MAINTENANCE OF A GROWING EXHIBIT CALLED "WITH A SINGLE STEP". MOCA HOSTS OVER 200 PROGRAMS EACH YEAR INCLUDING EVENTS AND CONFERENCES ON GENEALOGY, BOOK TALKS, TEACHER EDUCATION, CHINESE AMERICAN HISTORY, AND ASIAN AMERICAN ARTS DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Chu Co-Chair | OfficerTrustee | 8 | $0 |
Christina Ho Vice Co-Chair | OfficerTrustee | 2 | $0 |
Randy Yuen Treasurer | OfficerTrustee | 2 | $0 |
Roy I Delbyck Secretary | OfficerTrustee | 2 | $0 |
Eric T Lee Past Co-Chair/trustee | OfficerTrustee | 2 | $0 |
David Liu Past Co-Chair/trustee | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Am Art Consrvation Llc Art Conservation | 12/30/22 | $182,769 |
Risa Heller Communications Public Relations | 12/30/22 | $155,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $817,033 |
| Related organizations | $0 |
| Government grants | $412,470 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,363,167 |
| Noncash contributions included in lines 1a–1f | $180,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,592,670 |
| Total Program Service Revenue | $91,515 |
| Investment income | $11,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,983 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$480,726 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,205,010 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,545,949 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $117,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $513,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,630,972 |
| Travel | $27,747 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,761 |
| Insurance | $0 |
| All other expenses | $1,053,183 |
| Total functional expenses | $5,017,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,595,616 |
| Pledges and grants receivable | $3,886,478 |
| 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 | $78,292 |
| Net Land, buildings, and equipment | $9,730,539 |
| Investments—publicly traded securities | $3,508,756 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,183,171 |
| Total assets | $20,982,852 |
| Accounts payable and accrued expenses | $142,081 |
| Grants payable | $0 |
| Deferred revenue | $6,802 |
| 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 | $1,995,924 |
| Total liabilities | $2,144,807 |
| Net assets without donor restrictions | $16,689,230 |
| Net assets with donor restrictions | $2,148,815 |
| 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 | $20,982,852 |