New York Chinese Cultural Center Inc
- Assets
- $473.1k
- Revenue
- $430.0k
- Investments
- $3.5k
- Employees
- 3
- Location
- New York, NY
- Founding
- 12/1978
- Data as of
- 12/2021
- EIN
- 13-2928554
Organization Overview
New York Chinese Cultural Center Inc is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, New York Chinese Cultural Center Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Chinese Cultural Center 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 12/2021, New York Chinese Cultural Center Inc generated $430.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $418.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IT IS DEDICATED TO DEEPENING THE UNDERSTANDING AND APPRECIATION OF CHINESE CULTURE IN THE GLOBAL AND LOCAL COMMUNITIES. IT FULFILLS ITS MISSION BY OFFERING PROFESSIONAL CLASSES, WORKSHOPS, AND PERFORMANCES WHILE NURTURING CREATIVE NEW WORKS THAT REFLECT THE RICH CULTURAL HERITAGES AND DIVERSE COMMUNITIES OF TODAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. OFFERING A COMPREHENSIVE CURRICULUM OF CHINESE DANCE, MARTIAL ARTS, VISUAL ARTS, BEIJING OPERA ACROBATICS, LANGUAGE AND OTHER CULTURALLY RELATED PROGRAMS ALL YEAR-ROUND.2. PRESENTS PROFESSIONAL LEVEL CHINESE DANCE TO AUDIENCES ACROSS THE NATION.3. PROVIDES PROFESSIONAL QUALITY EDUCATION-BASED ASSEMBLY PROGRAMS, WORKSHOPS, AND RESIDENCIES FOR SCHOOLS GRADES PRE K -12.4. PRODUCES CITY-WIDE, PUBLIC EVENTS TO PROMOTE CHINESE CULTURES THROUGHOUT THE FIVE BOROUGHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Quan Director/ Vice President | OfficerTrustee | 1 | $0 |
Geoffrey R Sant Director/ President | OfficerTrustee | 1 | $0 |
Arnold Chu Director/ Secretary | OfficerTrustee | 1 | $0 |
Helen Hung Treasurer | Officer | 1 | $0 |
Tony K S Lee Director | Trustee | 1 | $0 |
Kristie Blase Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,540 |
| Total Program Service Revenue | $127,417 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $429,957 |
| 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 | $128,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,731 |
| Payroll taxes | $9,793 |
| 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 | $785 |
| Office expenses | $2,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,608 |
| Travel | $755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,151 |
| All other expenses | $33,624 |
| Total functional expenses | $417,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,379 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,860 |
| 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 | $11,614 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,518 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,750 |
| Total assets | $473,121 |
| Accounts payable and accrued expenses | $4,036 |
| Grants payable | $0 |
| Deferred revenue | $13,818 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,491 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $182,460 |
| Total liabilities | $202,805 |
| Net assets without donor restrictions | $270,316 |
| Net assets with donor restrictions | $0 |
| 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 | $473,121 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that New York Chinese Cultural Center Inc has recieved totaling $44,477.
| Awarding Organization | Amount |
|---|---|
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - CAPITAL/EQUIPMENT | $20,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - PRODUCTIONS | $20,000 |
Wonghe Yellow River Foundation Inc New York, NY PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $4,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $330 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $147 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epoch Times Association Inc New York, NY | $35,086,092 | $121,545,102 |
The American Ireland Fund Boston, MA | $28,715,910 | $22,675,949 |
Japan Society Inc New York, NY | $91,776,832 | $10,515,982 |
Kutztown University Foundation Kutztown, PA | $74,779,996 | $14,561,087 |
French Institute-Alliance Francaise New York, NY | $24,965,114 | $8,095,199 |
Center For Jewish History Inc New York, NY | $52,466,984 | $9,804,079 |
Japanese Childrens Society Inc Englewood Cliffs, NJ | $6,760,346 | $7,633,011 |
National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
Greater Philadelphia Falun Dafa Association Philadelphia, PA | $1,063,316 | $4,579,656 |