Overview
What is Korean Culture Center Of New York?
The Korean Culture Center of New York is a nonprofit organization situated in Bayside, New York. Their primary objective is to foster an appreciation and comprehension of Korean immigrants' history and cultural legacies in the United States. They achieve this goal by promoting and organizing Korean cultural, artistic, educational, and social activities, providing a platform for Korean Americans and other groups to engage in events celebrating their heritage. Their mission extends to enhancing the understanding of Korean Americans through various educational programs and unique cultural activities, thereby serving as a hub for cooperation among Korea-Americans and their organizations, fostering cross-cultural understanding and empowerment. The center is also known as "The English Lounge."
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%, Zero-Star out of Four Star rating.
The Korean Culture Center of New York has received a low rating primarily due to its poor performance in Accountability & Finance metrics. The organization has been noted for having a fully independent board, but it has only two independent members, which detracts from its governance score. Furthermore, the organization has not provided necessary policies and documentation that are essential for transparency.
While there was no material diversion of assets, indicating some level of financial integrity, the center has significant shortcomings in areas such as its program expenses—reporting 0%—and the absence of crucial operational policies like conflict of interest and whistleblower policies. Additionally, the center's website was not listed on its tax forms, which raises concerns about accessibility and communication with stakeholders. Overall, the low rating reflects a need for substantial improvements in governance and financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Korean Culture Center Of New York legitimate?
Korean Culture Center Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Culture Center Of New York 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: $0
For more financial information, click here
What is the mission statement of Korean Culture Center Of New York?
The Korean Culture Center of New York's mission is to promote and organize various cultural, artistic, educational, and social activities. The center aims to establish a platform where Korean Americans and other groups can participate in events celebrating Korean culture and heritage. By offering diverse educational programs and unique cultural activities, the center aims to enhance the understanding of Korean Americans. The center serves as a venue for promoting Korean culture, fostering connections, and bridging cultural gaps.
Who is the CEO of Korean Culture Center Of New York?
Yong K Kim is the President of Korean Culture Center Of New York.
What is the revenue of Korean Culture Center Of New York?
Korean Culture Center Of New York's revenue in 2022 was $53,119.
Who are the executives of Korean Culture Center Of New York and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Korean Culture Center Of New York?
Korean Culture Center Of New York's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Korean Culture Center Of New York
The Korean Culture Center of New York, as an organization, is committed to promoting and organizing various cultural, artistic, educational, and social activities. Its primary goal is to establish a platform where Korean Americans and other groups can engage in programs and events that celebrate Korean culture and heritage. By doing so, the center aims to enhance the understanding of Korean Americans through its diverse educational programs and unique cultural activities. The Korean Culture Center of New York serves as a vital hub for fostering appreciation and awareness of Korean culture, thereby bridging cultural gaps and fostering a sense of unity and inclusivity.
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Impact
August, 2024
The Korean Culture Center Of New York plays a significant role in promoting and preserving Korean cultural heritage in the United States. By organizing various cultural, arts, educational, and social activities, the center serves as a hub for the Korean American community and other groups to engage in programs that celebrate Korean culture. Through its diverse educational initiatives and unique cultural events, the center aims to enhance the understanding of Korean Americans and propagate the richness of Korean culture to a wider audience.
Furthermore, the center's mission to discover, preserve, and develop Korean immigrants' history and cultural legacies in the United States contributes to strengthening cultural identity and fostering cross-cultural understanding. By serving as a center for cooperation among all Korean Americans and their organizations, the center facilitates a platform for interaction, collaboration, and mutual support within the community.
Overall, the Korean Culture Center Of New York's impact can be seen in its efforts to embrace and empower people of all backgrounds to coexist peacefully while raising awareness and appreciation for Korean culture in the vibrant cultural landscape of New York.
This information is meant to be a general summary of Korean Culture Center Of New York. 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.
- Gross Receipts: $53,119
Assets and Liabilities:
- Total Assets: $50,254
- Total Liabilities: $55,977
- Net Assets: -$5,723
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Organization Details
Founding Year
2014
Principal Officer
Yong K Kim
Main Address
218-14 NORTHERN BLVD SUITE 108, BAYSIDE, NY, 11361
NTEE Category
Code: A20 - Arts
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