Overview
What is Institute Of Chinese Culture?
The Institute of Chinese Culture (ICC) is a nonprofit organization situated in Houston, Texas, specifically at 10550 Westoffice Drive. Its primary focus is to foster an appreciation of Chinese language and culture among the local community. ICC achieves this goal by operating a Chinese language school and exploring additional methods, as guided by its board, to further this mission. The organization serves approximately 200 K-12 students and provides additional Chinese language classes for pre-K students in the Houston area. With a devoted team of 46 employees, ICC offers a wide range of educational programs, including Chinese language classes, mathematics, science, creative arts, yoga, and kung-fu, enriching the cultural experience of the community.
Official website here: www.icc-houston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Institute of Chinese Culture has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in various areas despite some strengths. The organization boasts a fully independent board with 100% of its members being independent. Additionally, it shows a strong program expense ratio of 100%, suggesting that all funds are directed toward its programs.
However, significant weaknesses are highlighted in terms of accountability and transparency. The organization lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for maintaining ethical governance. Furthermore, the absence of financial statements and the posting of tax forms on its website raises concerns about transparency, which ultimately affects the overall rating.
Despite these limitations, the organization demonstrates financial stability with a low liabilities to assets ratio of 1.51%. The presence of documented board meeting minutes reflects some level of operational structure. Overall, while the Institute of Chinese Culture is committed to its mission, enhancing governance and transparency practices would greatly benefit its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Institute Of Chinese Culture legitimate?
Institute Of Chinese Culture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Chinese Culture 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: $314,681
For more financial information, click here
Official website here: www.icc-houston.org
What is the mission statement of Institute Of Chinese Culture?
The Institute of Chinese Culture's mission is centered around fostering a deeper appreciation for the Chinese language and culture. This is achieved through the operation of a Chinese language school and other initiatives, as decided by the board from time to time. The institution provides educational opportunities in Chinese language, culture, and additional subjects such as math, science, creative arts, yoga, and kung-fu, catering to approximately 200 K-12 students and additional pre-K students in the Houston area.
Official website here: www.icc-houston.org
Who is the CEO of Institute Of Chinese Culture?
Jeanne Ma is the President & of Institute Of Chinese Culture.
Official website here: www.icc-houston.org
What is the revenue of Institute Of Chinese Culture?
Institute Of Chinese Culture's revenue in 2022 was $679,964.
Official website here: www.icc-houston.org
Who are the executives of Institute Of Chinese Culture and what are their salaries?
The average compensation at Institute Of Chinese Culture during 2022 was $6,841. There are 46 employees and 50 volunteers at Institute Of Chinese Culture.
Here are 14 key members and their salaries:
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- Compensation: $802
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Official website here: www.icc-houston.org
Where can I find the form 990 for Institute Of Chinese Culture?
Institute Of Chinese Culture's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icc-houston.org
Learn more at the official website: www.icc-houston.org
Mission Statement of Institute Of Chinese Culture
The Institute of Chinese Culture, as outlined by its mission statement, aims to foster a deeper appreciation for the Chinese language and culture. To achieve this, the organization employs various strategies, including operating a Chinese language school and exploring other methods as deemed appropriate by its board of directors. The Institute's primary objective is to broaden the understanding and appreciation of Chinese culture among its audience, utilizing diverse means at its disposal.
In practice, the Institute fulfills its mission by providing a range of educational programs to students in the Houston area. These offerings include Chinese language classes, as well as courses in Chinese culture, mathematics, science, creative arts, yoga, and kung-fu. These diverse offerings cater to approximately 200 K-12 students, with additional programs available for pre-K students. By providing these educational opportunities, the Institute of Chinese Culture seeks to promote a comprehensive understanding and appreciation of Chinese language and culture among its student body.
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Impact
July, 2024
The Institute of Chinese Culture has made a significant impact in the Houston area by providing Chinese language and culture classes to approximately 200 K-12 students, as well as offering additional classes such as math, science, creative arts, yoga, and kung-fu. Through these programs, the Institute has helped enhance the appreciation of Chinese language and culture among students in the community. This not only promotes cultural diversity but also contributes to the overall education and enrichment of the students involved.
This information is meant to be a general summary of Institute Of Chinese Culture. 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.
- Investment Income: $6,165
- Program Service Revenue: $542,512
- Gross Receipts: $679,964
Assets and Liabilities:
- Total Assets: $3,162,160
- Total Liabilities: $45,192
- Net Assets: $3,116,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$554,392
REFERRAL BONUS
Revenue
-$200
TUITION REFUND
Revenue
-$11,680
Organization Details
Founding Year
1970
Principal Officer
Jeanne Ma
Main Address
10550 WESTOFFICE DRIVE, HOUSTON, TX, 77042
Website
www.icc-houston.orgNTEE Category
Code: A230 - Arts
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