Overview

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Est.

1984

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Korea Music Foundation Inc is a nonprofit organization dedicated to stimulating public interest in good music and providing opportunities for individuals to perform musical compositions of merit. With an operating budget of $140.7K and total revenue of $153.7K for the 2024 filing year, the foundation relies on support from notable funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, THE KAPLEN FOUNDATION, and GRACE CHARITY FOUNDATION INC, among others. The organization does not depend on a single funder for 50% or more of its revenue.

Mission Statement

TO STIMULATE PUBLIC INTEREST IN GOOD MUSIC, TO OFFER AN OPPORTUNITY TO THOSE INTERESTED IN MUSIC TO PERFORM MUSICAL COMPOSITIONS OF MERIT
Revenues
$153.7K
Expenses
$140.7K
Net Income:
+$13.1K
Assets
$65.8K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$140.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$5.5K
Largest grant received
$15.1K
K
Kyung Hee Kim
Board Member
S
Sunghee Cho
Board Member
T
Taeja Kim
Employee

Frequently Asked Questions

What is KOREA MUSIC FOUNDATION INC’s budget?
In 2024, KOREA MUSIC FOUNDATION INC reported an annual operating budget of around $141 thousand. More detailed financial information is available to registered users.
What causes does KOREA MUSIC FOUNDATION INC support?
KOREA MUSIC FOUNDATION INC supports work in Music.
Where does KOREA MUSIC FOUNDATION INC operate?
KOREA MUSIC FOUNDATION INC is headquartered in Nyack, NY.
Who funded KOREA MUSIC FOUNDATION INC recently?
In 2025, KOREA MUSIC FOUNDATION INC received grants from EDWARD AND IN-AIE KANG FOUNDATION, EDWARD AND IN-AIE KANG FOUNDATION, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant KOREA MUSIC FOUNDATION INC received in 2024?
The largest grant to KOREA MUSIC FOUNDATION INC in 2024 exceeds $15 thousand.