Chinese American Association Of Minnesota
- Assets
- $1.7m
- Revenue
- $604.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Minneapolis, MN
- Founding
- 09/1968
- Data as of
- 12/2021
- EIN
- 41-0944910
Organization Overview
Chinese American Association Of Minnesota is located in Minneapolis, MN. The organization was established in 1968. 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, Chinese American Association Of Minnesota employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese American Association Of Minnesota 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, Chinese American Association Of Minnesota generated $604.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $221.6k 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
PRESERVE CHINESE CULTURES WITH A CHINESE DANCE THEATER AND A CHINESE LANGUAGE SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED CHINESE DANCE THEATER WITH ABOUT 200 STUDENTS AND 20 CLASSES; CLASSES RUN THROUGHOUT THE WEEK; OUTREACH DANCES REACHED STUDENTS IN MANY LOCAL SCHOOLS; ALSO HELD PERFORMANCE PRODUCTIONS
OPERATED A CHINESE SCHOOL TEACHING CHINESE LANGUAGE WITH 180 STUDENTS IN 12 CLASSES; RAN SUMMER CAMPS
REWARDED SCHOLARSHIPS; CO SPONSORED DRAGON FESTIVAL; PROMOTED UNITY AND SOCIAL AND CULTURAL ACTIVITIES IN TWIN CITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Li Vice President | OfficerTrustee | 2 | $0 |
Zan Gao Secretary | Officer | 2 | $0 |
Li Tang Treasury | Officer | 2 | $0 |
Gang Ji Cls Rep | Officer | 2 | $0 |
Ping Wang President | Trustee | 2 | $0 |
Yanhua Wusands Cdt Rep | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $311,364 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $311,364 |
| Total Program Service Revenue | $126,667 |
| Investment income | $143,326 |
| 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 | $604,739 |
| 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 | $66,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,900 |
| Payroll taxes | $7,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,184 |
| Fees for services: Accounting | $2,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $884 |
| Office expenses | $2,919 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,663 |
| Travel | $0 |
| 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 | $4,466 |
| Insurance | $3,733 |
| All other expenses | $42,244 |
| Total functional expenses | $221,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $656,401 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $660 |
| 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 | $37,403 |
| Investments—publicly traded securities | $981,786 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,284 |
| Total assets | $1,679,534 |
| Accounts payable and accrued expenses | $2,435 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,435 |
| Net assets without donor restrictions | $1,553,349 |
| Net assets with donor restrictions | $123,750 |
| 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 | $1,679,534 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chinese American Association Of Minnesota has recieved totaling $40,151.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $25,151 |
Metropolitan Consortium Of Community Developers Minneapolis, MN PURPOSE: COVID RELIEF GRANT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Lakes Inter-Tribal Council Inc Lac Du Flambeau, WI | $2,692,230 | $12,711,243 |
American Swedish Institute Minneapolis, MN | $53,674,080 | $22,744,075 |
First Peoples Fund Rapid City, SD | $11,478,942 | $11,058,456 |
Coalition Of Asian American Leaders St Paul, MN | $4,205,998 | $3,284,074 |
National Native American Boarding School Healing Coalition Minneapolis, MN | $8,382,833 | $1,366,565 |
Black Hills Badlands & Lakes Association Rapid City, SD | $1,241,083 | $1,774,171 |
The Germanic-American Institute St Paul, MN | $1,003,743 | $1,467,088 |
Blackhawks Of St Paul St Paul, MN | $194,784 | $1,434,871 |
Native American Community Development Institute Minneapolis, MN | $2,572,714 | $2,143,377 |
Siouxland Expo Center Sioux City, IA | $20,203,719 | $764,942 |
Pella Historical Society Pella, IA | $6,258,526 | $1,077,939 |
Ka Joog Non Profit Organization Minneapolis, MN | $518,800 | $1,454,173 |