Overview
What is Shen Yun Foundation Inc?
Shen Yun Foundation Inc, located in New York City, is a nonprofit organization with a dedicated staff of three individuals. Their primary mission is to support the creation, promotion, and performance of the Shen Yun show, showcasing traditional Chinese culture. The foundation seeks to raise awareness about this art form, particularly Shen Yun Performing Arts and Fei Tian College, which emphasizes traditional Chinese values. They generate funding through donations and interest income while managing expenses related to program services.
Is Shen Yun Foundation Inc legitimate?
Shen Yun Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shen Yun Foundation Inc 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: $116,500
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What is the mission statement of Shen Yun Foundation Inc?
The Shen Yun Foundation Inc's primary mission involves supporting the production, promotion, and performances of the Shen Yun show. This organization aims to raise awareness about traditional Chinese culture, particularly focusing on Shen Yun Performing Arts and Fei Tian College. The foundation's activities are centered around advancing the understanding and appreciation of this rich cultural heritage.
Who is the CEO of Shen Yun Foundation Inc?
Yibing Shi is the President of Shen Yun Foundation Inc.
What is the revenue of Shen Yun Foundation Inc?
Shen Yun Foundation Inc's revenue in 2022 was $3,265,952.
Who are the executives of Shen Yun Foundation Inc and what are their salaries?
The average compensation at Shen Yun Foundation Inc during 2022 was $38,833. There are 3 employees at Shen Yun Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Shen Yun Foundation Inc?
Shen Yun Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shen Yun Foundation Inc
Shen Yun Foundation Inc is dedicated to supporting the production, promotion, and performances of Shen Yun Performing Arts and Fei Tian College. Their primary mission is to raise awareness about traditional Chinese culture, with a specific focus on these two entities. The foundation's activities aim to ensure the continuity and appreciation of this rich cultural heritage, promoting Shen Yun Performing Arts as a significant contributor to this end. Furthermore, Shen Yun Foundation Inc is committed to advocating for Fei Tian College, a higher educational institution that shares the same cultural values and mission. Their activities involve providing necessary financial support, enabling these entities to thrive and continue their contributions to preserving and sharing traditional Chinese culture.
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Impact
October, 2024
Shen Yun Foundation Inc fosters a robust appreciation for traditional Chinese culture through various initiatives. By supporting the production, promotion, and performances of Shen Yun Performing Arts, the foundation plays a pivotal role in bringing cultural heritage to a global audience. In 2022, the foundation generated significant resources, with donations totaling $3,225,000 and interest income of $40,952.
With program expenses reaching $3,440,493, the foundation dedicated its efforts towards advancing its mission, which includes raising awareness about traditional Chinese arts and education through Fei Tian College. Through its activities, Shen Yun Foundation Inc not only showcases captivating performances but also enriches cultural understanding and preserves the legacy of Chinese artistic traditions, making a meaningful impact in the realms of cultural education and artistic expression.
This information is meant to be a general summary of Shen Yun Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $40,952
- Gross Receipts: $3,265,952
Assets and Liabilities:
- Total Assets: $18,434,769
- Total Liabilities: $0
- Net Assets: $18,434,769
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
interest income
Revenue
$40,952
Organization Details
Founding Year
2013
Phone
(917) 887-1668Principal Officer
Yibing Shi
Main Address
229 WEST 28TH STREET APT 700, NEW YORK, NY, 10001
NTEE Category
Code: X81 - Religion related
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