International Culture Exchange Association
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey Park, CA
- Founding
- 05/1997
- Data as of
- 05/2022
- EIN
- 95-4610558
Organization Overview
International Culture Exchange Association is located in Monterey Park, CA. The organization was established in 1997. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Culture Exchange 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 05/2022, International Culture Exchange Association generated $70.3k 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 (16.1%) each year. All expenses for the organization totaled $64.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LONG BEACH DRAGON BOAT RACE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,327 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,208 |
| Total expenses | $64,008 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,476 |
| Other assets | $0 |
| Total assets | $129,412 |
| Total liabilities | $2,347 |
| Net assets or fund balances | $127,064 |
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