Overview
What is Millburn Institute Of Talent?
The Millburn Institute of Talent, located in Millburn, New Jersey, is a nonprofit organization primarily funded through tuition fees. Its primary mission is to educate young children about the Chinese language and culture. Alongside this educational program, the institute offers engaging activities for the parents, such as dance and yoga classes, during the time that their children are learning. The institute employs a team of 13 individuals, and a significant portion of its expenses goes towards employee compensation and renting a high school facility.
Is Millburn Institute Of Talent legitimate?
Millburn Institute Of Talent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millburn Institute Of Talent 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: $31,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,428
For more financial information, click here
What is the mission statement of Millburn Institute Of Talent?
The Millburn Institute of Talent is dedicated to educating young children about the Chinese language and culture. In addition to this, the institution offers engaging activities for the parents, such as dance and yoga classes, during the time when the children are learning. The primary source of revenue for the institute is through tuition fees. A minor portion of the income is generated from fundraising events. The majority of the expenses are allocated towards employee compensation and the rental of a high school facility.
Who is the CEO of Millburn Institute Of Talent?
Honggang Wu is the Principal of Millburn Institute Of Talent.
What is the revenue of Millburn Institute Of Talent?
Millburn Institute Of Talent's revenue in 2023 was $345,080.
Who are the executives of Millburn Institute Of Talent and what are their salaries?
The average compensation at Millburn Institute Of Talent during 2023 was $7,374. There are 13 employees and 10 volunteers at Millburn Institute Of Talent.
Here are 13 key members and their salaries:
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $1,560
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $1,360
- Related: $0
- Other: $0
- Compensation: $950
- Related: $0
- Other: $0
- Compensation: $1,860
- Related: $0
- Other: $0
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $2,160
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $2,200
- Related: $0
- Other: $0
Where can I find the form 990 for Millburn Institute Of Talent?
Millburn Institute Of Talent's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Millburn Institute Of Talent
Millburn Institute of Talent, a nonprofit organization, is dedicated to educating young children about the Chinese language and culture. As part of its mission, the institution also offers engaging activities for the parents during the time their children are learning. These activities include dance and yoga classes, among others, providing an opportunity for parents to engage and learn alongside their children. The primary source of income for Millburn Institute of Talent is through tuition fees, with a small portion coming from fundraising events and activities. The majority of the expenses are allocated towards employee compensation and the rental of a high school facility where the classes are held.
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Impact
October, 2024
Millburn Institute of Talent significantly enhances cultural awareness and engagement within the community by teaching young children about Chinese language and culture. Through its programs, children acquire essential language skills and cultural knowledge that foster understanding and appreciation of diversity from a young age.
Simultaneously, the institute supports parental involvement by offering activities such as dance and yoga, allowing parents to engage in personal development while their children learn. This dual focus not only enriches the learning environment but also strengthens community bonds, creating a vibrant ecosystem of cultural exchange and family participation. This holistic approach to education and engagement ultimately contributes to a more culturally aware and connected community in Millburn, NJ.
This information is meant to be a general summary of Millburn Institute Of Talent. 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 2023.
- Program Service Revenue: $334,763
- Gross Receipts: $345,080
Assets and Liabilities:
- Total Assets: $356,942
- Total Liabilities: $168,294
- Net Assets: $188,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$334,763
Organization Details
Founding Year
2016
Phone
(201) 889-6482Principal Officer
Honggang Wu
Main Address
PO BOX 841, Millburn, NJ, 07041
NTEE Category
Code: A20 - Arts
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