Vietnamese Culture And Science Association is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Vietnamese Culture And Science Association 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, Vietnamese Culture And Science Association generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.7%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.2%) 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
THE VIETNAMESE CULTURE AND SCIENCE ASSOCIATION (VCSA) PROMOTES EXCELLENCE IN EDUCATION, LEADERSHIP AND SKILLS DEVELOPMENT THROUGH CULTURE AND SCIENCE. WE ENCORAGE MULTIGENERATIONAL AND CROSS-CULTURAL COLLABORATIONS AND CIVIC PARTICIPATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VCSA ANNUAL YOUTH EXCELLENCE RECOGNITION LUNCHEON IS HELD ON AUGUST TO HONOR LOCAL AREA HIGH SCHOOL STUDENTS WHO GRADUATED AS VALDICTORIANS OR SALUTATORIANS FOR THEIR SENIOR GRADUATING CLASS. THE PURPOSE OF THE PROGRAM IS TO PROMOTE EXCELLENCE IN EDUCATION AMONG HIGH SCHOOL STUDENTS. SINCE ITS FOUNDING IN 1997, THE ACTIVITY HAS IMPACTED OVER 750 SCHOLARS WHO HAVE BECOME SUCCESSFUL IN MULTIPLE FIELDS.VCSA VIET CULTURAL FEST IS A CULTURAL FESTIVAL AIMED TO PRESERVE AND FURTHER PROMOTE THE BEAUTY OF VIETNAMESE CULTURE TO THE COMMUNITY AND ESTABLISH AN ANNUAL TRADITION ATTRACTING PEOPLE FROM ALL CULTURES, BACKGROUNDS, AND AGES IN HOUSTON AND ITS VICINITIES WHILE CELEBRATING THE RICH DIVERSITY OF HOUSTON. THE ATTENDESS ARE USUALLY AROUND 7,000 PEOPLE. IN ADDITION, VCSA LAUNCHED EFFORTS TO SECURE COVID-19 TESTING KITS AND VACCINATIONS FOR THE HOUSTON COMMUNITY. BY JUNE 2021, WE PROVIDED OVER 2,000 COVID-19 TESTS, 1,000 VACCINE APPOINTMENTS, AND OVER 3,200 VACCINES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Truong VP Membership | Trustee | 0 | $0 |
Jeff Watkins Board Member | Trustee | 0 | $0 |
Julie Trinh VP Programs | Trustee | 0 | $0 |
Christine Tran VP Community Outreach | Trustee | 0 | $0 |
Teresa Trinh President | Trustee | 0 | $0 |
Alexander Le VP Community Health Programs | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,638 |
All other contributions, gifts, grants, and similar amounts not included above | $37,522 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $48,160 |
Total Program Service Revenue | $0 |
Investment income | $6 |
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 | -$31,081 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,085 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $142 |
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 | $2,432 |
Office expenses | $1,439 |
Information technology | $877 |
Royalties | $0 |
Occupancy | $11,494 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $17,430 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $92,486 |
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 | $3,109 |
Total assets | $95,595 |
Accounts payable and accrued expenses | $0 |
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 | $25,000 |
Total liabilities | $25,000 |
Net assets without donor restrictions | $0 |
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 | $70,595 |
Total liabilities and net assets/fund balances | $95,595 |
Over the last fiscal year, we have identified 4 grants that Vietnamese Culture And Science Association has recieved totaling $58,459.
Awarding Organization | Amount |
---|---|
Houston Arts Alliance Houston, TX PURPOSE: General support | $37,032 |
Houston In Action Houston, TX PURPOSE: ARTS | $20,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $427 |
Organization Name | Assets | Revenue |
---|---|---|
Texas Dental Association Austin, TX | $10,861,399 | $4,136,384 |
Bos Place Houston, TX | $5,835,899 | $1,943,445 |
Tales Of The Cocktail Foundation Inc Metairie, LA | $658,022 | $2,036,416 |
Robert S & Grayce B Kerr Foundation Inc Oklahoma City, OK | $19,234,723 | $2,069,941 |
Krewe Of Red Beans New Orleans, LA | $2,812,891 | $1,780,291 |
Culture Aid Nola New Orleans, LA | $593,018 | $1,795,050 |
Rick C & Belinda G Foundation Fayetteville, AR | $24,298,767 | $2,403,306 |
North Texas Business Council For The Arts Dallas, TX | $531,144 | $506,888 |
Talking Talons Youth Leadership Cedar Crest, NM | $469,184 | $610,447 |
Citadelle Art Foundation Canadian, TX | $13,351,512 | $757,046 |
Leadership New Mexico Albuquerque, NM | $1,646,812 | $453,100 |
Studio School Of Music Richardson, TX | $483,028 | $643,200 |