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Korea Creative Content Agency

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 331062468 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Korea Creative Content Agency?

Korea Creative Content Agency is a nonprofit organization dedicated to promoting Korean culture in the United States. They achieve this goal by organizing events, exhibitions, and conferences aimed at educating people about various aspects of Korean culture. Their mission is to bridge the cultural gap between Korea and the U.S., providing a platform for people to learn about and appreciate Korean arts, traditions, and history. The agency's activities extend throughout the U.S., ensuring a broad reach and inclusive engagement with the public.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

The Korea Creative Content Agency has received a Two-Star rating from Charity Navigator due to a score of 67%. This rating reflects the organization's performance in accountability and finance, highlighting strengths such as a fully independent board with 100% of the members being independent and a low liabilities to assets ratio of 2.87%. Additionally, the agency excels in program expenses, dedicating 80.15% of its resources towards its programs.

However, there are significant limitations noted in the data, particularly regarding the transparency and governance practices of the agency. The organization scored poorly on financial statements, conflict of interest policies, and other governance-related metrics, indicating a need for improvement in these areas. Furthermore, the absence of posted tax forms and a whistleblower policy suggests a lack of commitment to transparency and accountability.

Overall, while the Korea Creative Content Agency demonstrates positive financial practices in its program expenditures and board independence, the weaknesses in governance and transparency raise concerns about its overall accountability and operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Korea Creative Content Agency legitimate?

Korea Creative Content Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korea Creative Content Agency submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,673

For more financial information, click here

What is the mission statement of Korea Creative Content Agency?

The Korea Creative Content Agency serves to enlighten individuals about Korean culture. They accomplish this objective through the organization of events, exhibitions, and conferences across the United States. By participating in these activities, the agency aims to broaden the understanding and appreciation of Korean culture among a diverse audience. The agency's primary focus is on educating people about the richness and diversity of Korean culture, fostering a deeper connection and appreciation for it.

Who is the CEO of Korea Creative Content Agency?

Sung Ho Ju is the C.E.O. of Korea Creative Content Agency.

What is the revenue of Korea Creative Content Agency?

Korea Creative Content Agency's revenue in 2022 was $535,238.

Who are the executives of Korea Creative Content Agency and what are their salaries?

The average compensation at Korea Creative Content Agency during 2022 was $50,135. There are 5 employees at Korea Creative Content Agency.


Here are 2 key members and their salaries:


Sung Ho Ju (C.E.O.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellie S Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korea Creative Content Agency?

Korea Creative Content Agency's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Korea Creative Content Agency

Korea Creative Content Agency, with its mission statement, is dedicated to enlightening individuals about the rich culture of Korea. The agency accomplishes this by organizing a variety of events, exhibitions, and conferences across the United States. By doing so, Korea Creative Content Agency serves as a bridge, bridging the gap between the Korean culture and the broader American society. Through these initiatives, the agency strives to foster a deeper understanding and appreciation of Korean culture, allowing for a more enriched and diverse cultural landscape.

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Impact




July, 2024

Korea Creative Content Agency has a significant impact on educating people about Korean culture through events, exhibitions, and conferences throughout the United States of America. Their efforts help to promote awareness and appreciation of Korean arts and traditions, contributing to the cultural diversity and enrichment of society. By organizing these educational activities, the agency plays a crucial role in fostering cross-cultural understanding and promoting the beauty of Korean heritage.




This information is meant to be a general summary of Korea Creative Content Agency. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$535,238 (2022)
Expenses
$581,078 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $535,238

Assets and Liabilities:

  • Total Assets: $125,480
  • Total Liabilities: $8,171
  • Net Assets: $117,309

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Organization Details

Founding Year

2003

Principal Officer

Sung Ho Ju

Main Address

5509 WILSHIRE BLVD 2ND FL, LOS ANGELES, CA, 90036

NTEE Category

Code: A23 - Arts

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