Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The New York Korean Performing Arts Center Inc is a nonprofit organization dedicated to promoting folk arts, arts education, and dance, with a mission to cultivate cultural pride and foster intercultural dialogue among second-generation Korean-Americans. Operating with an annual budget of $44K and total revenue of $66.8K, the organization focuses on serving the New York City area by providing rehearsal space, cultural outreach programs, and music and dance classes for all ages. It receives significant funding from the Blackbaud Giving Fund and the JPMorgan Chase Foundation, but does not rely on a single funder for more than 50% of its revenue.

Mission Statement

OUR MISSION IS TO PLAY AN INSTRUMENTAL AND EDUCATIONAL ROLE IN CULTIVATING A SENSE OF CULTURAL PRIDE WHILE FOSTERING HEALTHY, POSITIVE INTERCULTURAL DIALOGUE, FOR SECOND GENERATION KOREAN-AMERICANS. THIS ORGANIZATION SEEKS TO CONTRIBUTE, EXPLAIN, AND SHARE TRADITIONAL KOREAN CULTURAL VALUES THROUGH MUSICAL AND FOLK DANCE ARTISTRY. WE SUPPORT AND COORDINATE EFFORTS FOR CULTURAL EVENTS BY PROVIDING REHEARSAL SPACE, INITIATING CULTURAL OUTREACH PROGRAMS FOR LOCAL AUDIENCES, AND IN ESTABLISHING VARIOUS CLASSES OFFERING MUSIC AND DANCE LESSONS TO THE GENERAL PUBLIC ACROSS ALL AGES. OUR AIM IS TO SERVE THE RESIDENTS IN THE NEW YORK CITY AREA, AS A CULTURAL CONDUIT AND SOURCE OF INFORMATION RELATED TO KOREAN TRADITIONAL ARTISTRY. PERFORMANCE, FOR BOTH KOREANS AND GENERAL AUDIENCES, IS A CRITICAL COMPONENT TOWARDS THIS END.
Revenues
$66.8K
Expenses
$44K
Net Income:
+$22.8K
Assets
$42.9K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$44K
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
1
Median grant size
$10.3K
Largest grant received
$10.3K
S
Sue Yeon Park
Board Member
J
Juyong Ha
Board Member
S
Song Hee Lee
Board Member

Frequently Asked Questions

What is THE NEW YORK KOREAN PERFORMING ARTS CENTER INC’s budget?
In 2025, THE NEW YORK KOREAN PERFORMING ARTS CENTER INC reported an annual operating budget of around $44 thousand. More detailed financial information is available to registered users.
What causes does THE NEW YORK KOREAN PERFORMING ARTS CENTER INC support?
THE NEW YORK KOREAN PERFORMING ARTS CENTER INC supports work in Folk arts, Dance, Arts education, and Arts and culture.
Where does THE NEW YORK KOREAN PERFORMING ARTS CENTER INC operate?
THE NEW YORK KOREAN PERFORMING ARTS CENTER INC is headquartered in New York, NY.
Who funded THE NEW YORK KOREAN PERFORMING ARTS CENTER INC recently?
In 2022, THE NEW YORK KOREAN PERFORMING ARTS CENTER INC received grants from THE BLACKBAUD GIVING FUND and JPMORGAN CHASE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE NEW YORK KOREAN PERFORMING ARTS CENTER INC received in 2022?
The largest grant to THE NEW YORK KOREAN PERFORMING ARTS CENTER INC in 2022 exceeds $10 thousand.