Chicago Korean Dance Company Nfp
- Assets
- $61.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rolling Meadows, IL
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-3051009
Organization Overview
Chicago Korean Dance Company Nfp is located in Rolling Meadows, IL. The organization was established in 2015. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Korean Dance Company Nfp 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, Chicago Korean Dance Company Nfp generated $178.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $149.0k during the year ending 12/2021. While expenses have increased by 20.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO DEVELOP KOREAN CULTURAL HERITAGE THROUGH VARIOUS TRADITIONALDANCE PERFORMANCES WITH THE FRUITION OF CONNECTING AND UNITING WITH OTHER CULTURES IN THE AGE OF GLOBALISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geesook Baik Treasurer | 10 | $0 | |
Aedeok Lee President | 25 | $0 | |
Juyeun Chae Secretary | 10 | $0 | |
Esther Yang Chair Of Board | 10 | $0 | |
Eupil Choi Director | 10 | $0 | |
Christina Kim Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,576 |
| Total Program Service Revenue | $97,988 |
| Membership dues | $14,950 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,514 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $64,482 |
| Occupancy, rent, utilities, and maintenance | $14,847 |
| Printing, publications, postage, and shipping | $11,302 |
| Other expenses | $51,518 |
| Total expenses | $149,049 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,856 |
| Other assets | $0 |
| Total assets | $61,856 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,856 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chicago Korean Dance Company Nfp has recieved totaling $7,130.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,130 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Dance Council Inc Louisville, KY | $2,461,900 | $4,767,462 |
Hubbard Street Dance Chicago Inc Chicago, IL | $12,598,821 | $6,117,645 |
Dance Kaleidoscope Inc Indianapolis, IN | $8,753,720 | $2,025,763 |
Forward Momentum Chicago Nfp Chicago, IL | $1,599,320 | $1,315,420 |
Red Clay Dance Company Inc Chicago, IL | $1,156,212 | $1,562,748 |
Ceilings And Interior Systems Construction Association Oak Brook, IL | $888,103 | $997,301 |
Danceworks Inc Milwaukee, WI | $878,331 | $1,224,253 |
Deeply Rooted Productions Inc Chicago, IL | $878,711 | $940,049 |
Fort Wayne Dance Collective Inc Fort Wayne, IN | $422,121 | $722,096 |
Extensions Dance Co Chicago, IL | $80,237 | $618,505 |
Dance Saint Louis St Louis, MO | $190,879 | $512,402 |
Southold Dance Theater Inc South Bend, IN | $702,232 | $649,517 |