Academy Of Chinese Culture And is located in Oakland, CA. The organization was established in 1982. As of 12/2021, Academy Of Chinese Culture And employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Chinese Culture And 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, Academy Of Chinese Culture And generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 2.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT PUBLIC BENEFIT ORGANIZATION OFFERING PROFESSIONAL EDUCATION IN TRADITIONAL CHINESE MEDICIEN WITHIN THE CONTEXT OF CHINESE CULTURE. IT IS A PROFESSIONAL GRADUATE SCHOOL IN PREPARING GRADUATES FOR LICENSURE AND PRACTICE IN THE FIELD OF TRADITIONAL CHINESE MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR YEAR EDUCATIONAL PROGRAM, TWO YEAR POSTGRADUATE MASTER PROGRAM AND TWO YEAR POSTMASTER DOCTORATE PROGRAM; PREPARE STUDENTS FOR CERTIFIED ACUPUNCTURIST EXAMINATION, AND ORIENTAL PHYSICAL THERAPY CERTIFICATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andes Bella Acting President | Officer | 40 | $101,264 |
Rong Yuan J Zhao Vice President Director | Trustee | 40 | $63,366 |
Eva W W Choi Director | Trustee | 1 | $600 |
Jane Zhang Director | Trustee | 1 | $600 |
Yen W Choong Director | Trustee | 1 | $600 |
Philip Tou Director | Trustee | 1 | $600 |
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 | $1,111,806 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,111,806 |
Total Program Service Revenue | $1,989,453 |
Investment income | $5,144 |
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 | $3,106,403 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $30,510 |
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 | $1,212,027 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $59,033 |
Payroll taxes | $97,788 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,222 |
Fees for services: Accounting | $19,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $20,894 |
Office expenses | $24,802 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $223,207 |
Travel | $3,640 |
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 | $32,740 |
Insurance | $17,352 |
All other expenses | $137,282 |
Total functional expenses | $2,037,901 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,900,297 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $496,213 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,899 |
Prepaid expenses and deferred charges | $37,070 |
Net Land, buildings, and equipment | $88,465 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $150,000 |
Total assets | $2,706,944 |
Accounts payable and accrued expenses | $41,375 |
Grants payable | $0 |
Deferred revenue | $380,006 |
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 | $84,122 |
Total liabilities | $505,503 |
Net assets without donor restrictions | $1,924,632 |
Net assets with donor restrictions | $276,809 |
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 | $2,706,944 |
Over the last fiscal year, we have identified 2 grants that Academy Of Chinese Culture And has recieved totaling $75,124.
Awarding Organization | Amount |
---|---|
Senior Assistance Foundation Eastbay Livermore, CA PURPOSE: TO FINANCE THE COSTS FOR THE HOLISTIC SENIOR HEALTHCARE PROGRAM. | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Organization Name | Assets | Revenue |
---|---|---|
Symposia Medicus Inc Pleasant Hill, CA | $9,548,049 | $7,060,600 |
Oregon College Of Oriental Medicine Portland, OR | $13,674,480 | $5,613,074 |
Academy Of Chinese Culture And Oakland, CA | $2,706,944 | $3,106,403 |
Acupuncture And Integrative Medicine College Berkeley Berkeley, CA | $1,116,969 | $2,153,678 |
California Academy Of Physician Assistants Los Angeles, CA | $1,661,419 | $657,000 |
Foundation For Medical Excellence Portland, OR | $3,693,965 | $350,531 |
Association For Academic Surgery Inc Los Angeles, CA | $874,619 | $529,261 |
Loma Linda University Urology Medical Group Inc Loma Linda, CA | $304,452 | $0 |
Center For Chinese Medicine Los Angeles, CA | $116,056 | $14,670 |