Us-China Cultural Institute Inc
- Assets
- $47.4k
- Revenue
- $229.0k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 51-0596166
Organization Overview
Us-China Cultural Institute Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us-China Cultural Institute 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, Us-China Cultural Institute Inc generated $229.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $214.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. 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
TO CREATE BRIDGES OF UNDERSTANDING THROUGH THE ARTS AND EDUCATION, BELIEVING THAT THESE ARE IMPORTANT MEANS TO BRING THE NECESSARY HUMAN UNDERSTANDING BETWEEN CHINA AND THE WEST FOR PEACEFUL WORLD RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILADELPHIA ORCHESTRA AUDIO SESSIONS/REHEARSALS/RECORDING OF BEETHOVENS PIANO CONCERTI NOS. 1-5 WITH HAOCHEN ZHANG PERFORMINGIN OCTOBER 2021, USCCI PIANIST HAOCHEN ZHANG, THE 2009 VAN CLIBURN INTERNATIONAL PIANO COMPETITION GOLD MEDAL WINNER, RECORDED THE COMPLETE BEETHOVEN PIANO CONCERTI (NOS. 1~5) WITH THE PHILADELPHIA ORCHESTRA, CONDUCTED BY ITS PRINCIPAL GUEST CONDUCTOR, NATHALIE STUTZMANN.
US-CHINA MUSIC INSTITUTE AT BARD COLLEGEPER THE LONG-TERMINTER-ORGANIZATIONAL PARTNERSHIP BETWEEN USCCI ANDTHE BARD COLLEGE CONSERVATORY OF MUSICS US-CHINA MUSIC INSTITUTE (USCMI), USCCI PROVIDED SUPPORT BY ENGAGING NON-PROFIT FUNDRAISING SPECIALISTS PROFESSIONAL CONSULTATION SERVICES TO ADVISE ON THE FUNDRAISING FOR USCMISNEW BUILDING PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Tang Chair & Treasur | OfficerTrustee | 1 | $0 |
David Hsieh Director | OfficerTrustee | 1 | $0 |
Alicia Adams Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,983 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,983 |
| Total Program Service Revenue | $0 |
| 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 | $228,983 |
| 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 | $13,994 |
| 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 | $37,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,003 |
| Advertising and promotion | $14,800 |
| Office expenses | $485 |
| Information technology | $595 |
| Royalties | $0 |
| Occupancy | $10,952 |
| Travel | $182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $548 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,493 |
| Insurance | $5,570 |
| All other expenses | $9 |
| Total functional expenses | $214,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,395 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,395 |
| Accounts payable and accrued expenses | $6,418 |
| 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 | $6,418 |
| Net assets without donor restrictions | $40,977 |
| 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 | $47,395 |
Grants Awarded
Over the last fiscal year, Us-China Cultural Institute Inc has awarded $32,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Montclair, NJ PURPOSE: TO SUPPORT THE PRESENTATIONS OF CHINESE CULTURE | $10,000 |
New York, NY PURPOSE: TO SUPPORT THE PRESENTATIONS OF CHINESE CULTURE | $8,900 |
New York, NY PURPOSE: TO SUPPORT THE PRESENTATIONS OF CHINESE CULTURE | $8,800 |
New York, NY PURPOSE: TO SUPPORT THE PRESENTATIONS OF CHINESE CULTURE | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Us-China Cultural Institute Inc has recieved totaling $191,500.
| Awarding Organization | Amount |
|---|---|
U S-China Cultural Foundation Birmingham, MI PURPOSE: FUND CULTURAL PROGRAM | $190,000 |
Kelton Family Foundation Vail, CO PURPOSE: SUPPORT TAX EXEMPT MISSION | $1,000 |
Lafferty Family Foundation Inc Naples, FL PURPOSE: GENERAL OPERATIONS | $500 |
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Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
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Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
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