Asian Performing Arts Of Colorado Inc
- Assets
- $676.5k
- Revenue
- $506.6k
- Investments
- $120.9k
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1987
- Data as of
- 12/2022
- EIN
- 84-1042287
Organization Overview
Asian Performing Arts Of Colorado Inc is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (A6A) the organization is classified as: Opera, 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. Asian Performing Arts Of Colorado 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 12/2022, Asian Performing Arts Of Colorado Inc generated $506.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $270.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISING! FESTIVAL (IS2021 AND 2022) IS A FESTIVAL PRODUCED BY APAC, ALONG WITH CO-PRODUCERS. APAC WORKED ALONGSIDE WITH YOUNG ARTISTS PROGRAM OF THE HOUSTON GRAND OPERA, METROPOLITAN OPERA, SAN FRANCISCO OPERA, CITY OF SUZOU, JIANGSU PROVINE, SUZHOU INDUSTRIAL PARK AND SUZHOU CULTURE AND ART CENTER.
TANG POEM CONCERT WITH THE PHILADELPHIA ORCHESTRA IN JANUARY OF 2023. REHEARSALS STARTED IN DECEMBER AND FUNDING WAS RECEIVED IN 2022 FOR THE PREPARATION.
LINCOLN CENTER - EAST/WEST: A SYMPHONIC CELEBRATION ON JULY 20, 2022 AT ALICE TULLY HALL, LINCOLN CENTER. TWO ISING! SINGERS PARTICIPATED AND WERE ACCOMPANIED BY THE NEW JERSEY SYMPHONY UNDER THE BATON OF MAESTRO ZHANG XIAN, WITH AN AUDIENCE OF 1,000.
VANCOUVER CONCERT ON NOVEMBER 22, 2022 WITH THE VANCOUVER SYMPHONY. TIAN AND SOPRANO RAQUEL SUAREZ SANG SOLO PIECES AND DUETS, WITH AN AUDIENCE OF 2,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Liao President | 30 | $0 | |
Denise Gliwa Director | 20 | $4,000 | |
Jennifer Heglin Director | 2 | $0 | |
Johnny Hsu Director | 2 | $0 | |
Nancy Elkind Director | 2 | $0 | |
Gregory Smith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $503,042 |
| Interest on Savings | $129 |
| Dividends & Interest | $3,440 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $506,611 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,185 |
| Printing and publications | $0 |
| Other expenses | $246,262 |
| Total operating and administrative expenses | $270,637 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $270,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,886 |
| Savings and temporary cash investments | $188 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $111,594 |
| Total assets | $676,548 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $37,027 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,027 |
Grants Awarded
Over the last fiscal year, Asian Performing Arts Of Colorado Inc has awarded $8,909 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
HOLLY FLACK PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HER CAREER DEVELOPMENT IN PERFORMING ARTS | $500 |
JOSE MALDONADO PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HIS CAREER DEVELOPMENT IN PERFORMING ARTS | $500 |
TARA GRUSZKIEWICZ PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HER CAREER DEVELOPMENT IN PERFORMING ARTS | $1,495 |
COREY LOVELACE PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HER CAREER DEVELOPMENT IN PERFORMING ARTS | $350 |
NADEGE MEDENUOVO PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HER CAREER DEVELOPMENT IN PERFORMING ARTS | $604 |
SHIH-HAN CHIU PURPOSE: ASSISTANCE FOR TRAINING AND COACHING TO ENHANCE HIS CAREER DEVELOPMENT IN PERFORMING ARTS | $10 |