Api Cultural Center Inc
- Assets
- $761.3k
- Revenue
- $763.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Oakland, CA
- Founding
- 01/2003
- Data as of
- 06/2022
- EIN
- 73-1649335
Organization Overview
Api Cultural Center Inc is located in Oakland, CA. The organization was established in 2003. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Api Cultural Center Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Api 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 06/2022, Api Cultural Center Inc generated $763.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $619.9k during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OAKLAND ASIAN CULTURAL CENTER BUILDS VIBRANT COMMUNITIES THROUGH ASIAN AND PACIFIC ISLANDER AMERICAN (APIA) ARTS AND CULTURAL PROGRAMS THAT FOSTER INTERGENERATIONAL AND CROSS-CULTURAL DIALOGUE, CULTURAL IDENTITY, COLLABORATIONS, AND SOCIAL JUSTICE.API CULTURAL CENTER, INC. DBA OAKLAND ASIAN CULTURAL CENTER BELIEVES THAT CULTURE AND HERITAGE PLAY A CRITICAL ROLE IN BUILDING AND MAINTAINING VIBRANT AND HEALTHY COMMUNITIES. THE CENTER SHOWCASES A WIDE RANGE OF CULTURAL AND ARTISTIC EXPRESSION INCLUDING DANCE,LITERATURE,MUSIC AND THE VISUAL ARTS. OACC SERVES AS A RESOURCE FOR UNDERSTANDING THE LEGACY OF ASIANS AND PACIFIC ISLANDERS AND THEIR UNIQUE INFLUENCES ON THE CULTURAL IDENTITIES AND ENRICHMENT OF OUR COMMUNITIES AND TO BUILD BRIDGES OF UNDERSTANDING AMONG ALL COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ARTS/CULTURAL PROGRAMS- INCLUDES PROGRAMS THAT DIRECTLY SERVE AND INTEGRATE THE COMMUNITY IN BRINGING THE HIGHEST QUALITY ASIAN AND PACIFIC AMERICAN ARTS AND CULTURE PROGRAMMING TO OACC, SUCH AS PRESENTATIONS & TALKS, FILM SCREENINGS, AND EXHIBITIONS VIA ON-SITE AND ONLINE RECORDING AND STREAMING PLATFORMS. ARTIST SUPPORT PROGRAMS INCLUDE OACCS ARTIST IN RESIDENCE WHICH FOSTERS EMERGING AND ESTABLISHED LOCAL APA ARTISTS IN CREATING NEW WORKS WHICH ARE THEN PREMIERED AT AN EVENT. OACC ALSO OFFERS AFFORDABLE FACILITY RENTALS TO THE PUBLIC AND COMMUNITY-BASED ORGANIZATIONS (CBOS). OACC OFTEN PRESENTS PROGRAMS IN COLLABORATION WITH COMMUNITY PARTNERS WHO USE SPACE AT COST OR NO COST.
CULTURAL HERITAGE PROGRAMS-INCLUDE PROGRAMS THAT PRESERVE ASIAN AND PACIFIC ISLANDER HISTORY, CULTURE AND HERITAGE. THIS INCLUDES ORGANIZING ANNUAL FESTIVALS (LUNAR NEW YEAR CELEBRATION AND FULL MOON FESTIVAL), EXHIBITIONS, ARTIST DEMONSTRATIONS, AND WORKSHOPS.
YOUTH/FAMILY PROGRAMSINCLUDES PROGRAMS THAT FOCUS SPECIFICALLY ON PROVIDING CHILDREN AND YOUTH THE OPPORTUNITY TO LEARN MORE ABOUT ASIAN PACIFIC ISLANDER CULTURE, HISTORY, AND ARTISTIC HERITAGE. PROGRAMS INCLUDE SCHOOL TOURS AND OFF-SITE COMMUNITY OUTREACH PROGRAMS, AND WEEKLY LANGUAGE, PERFORMING, AND VISUAL ART CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saly Lee Executive Dir. | OfficerTrustee | 40 | $76,855 |
Lorraine Sumulong President | Trustee | 1.5 | $0 |
Evelyn Lee Secretary | Trustee | 1.5 | $0 |
Daryl Toy Director | Trustee | 1 | $0 |
Sandra Ue Director | Trustee | 1 | $0 |
Tu David Phu Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,309 |
| Related organizations | $0 |
| Government grants | $232,412 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,022 |
| Noncash contributions included in lines 1a–1f | $3,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $621,743 |
| Total Program Service Revenue | $101,271 |
| Investment income | $945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,959 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,850 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $763,768 |
| 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. | $77,352 |
| Compensation of current officers, directors, key employees. | $4,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,049 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,875 |
| Payroll taxes | $26,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,549 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $169,517 |
| Advertising and promotion | $4,912 |
| Office expenses | $625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,205 |
| All other expenses | $10,246 |
| Total functional expenses | $619,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,740 |
| Savings and temporary cash investments | $100,745 |
| Pledges and grants receivable | $102,286 |
| 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 | $2,515 |
| 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 | $761,286 |
| Accounts payable and accrued expenses | $34,633 |
| Grants payable | $0 |
| Deferred revenue | $20,994 |
| 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 | $27,533 |
| Total liabilities | $83,160 |
| Net assets without donor restrictions | $678,126 |
| 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 | $761,286 |