NonprofitsKorean Cultural Center Of Chicago

Arts, Culture & Humanities

Korean Cultural Center Of Chicago

WHEELING, IL

Total revenue

$1.8M

Total expenses

$952K

Net assets

$7.0M

Grants received

$1.5M

30 grants

EIN

202534366

Tax year

2024

Mission

The purposes shall be: (1) to discover, preserve, and develop korean immigrants' history and korean cultural legacies in the us, (2) to enhance the understanding of the korean culture's uniqueness by propagating and educating korean culture to korean descendants and other people, (3) to serve as the center for cooperation among all korean-americans and their organizations, and (4) to support the cultural exchange and networking between korea and the us and facilitate any other cultural activities.

Programs

3 programs

Support community events and hold korean cultural events.

Expenses: $6K

Promote understanding of korean culture, ideas and traditions and to disseminate the information to all interested parties.

Expenses: $5K

Other

Expenses: $138K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$40K
Investment income$45K
Other revenue
Total revenue$1.8M

Expenses

Grants paid
Salaries & benefits$234K
Fundraising$35K
Other expenses$718K
Total expenses$952K
Total assets$7.3M
Net assets$7.0M

People

5 listed

NameRoleCompensation

KAY KIHWA RHO

EXECUTIVE DI

Board

$79K

40 hrs/wk

POONGJA LEE CHO

VICE PRESIDE

Board

10 hrs/wk

MIRA IM

SECRETARY

Board

3 hrs/wk

MIKYUNG KIM

TREASURER

Board

10 hrs/wk

YOON TAE KIM

PRESIDENT

Board

20 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$15K
EXHIBIT "SYMBOLISM IN TRADITIONAL KOREAN ART AND CULTURE
2024
$10K
CULTURAL, HISTORICAL & OTHER EDUCATIONAL
2024
$150K
GENERAL FUND
2023
$23K
OUR UNTOLD STORIES - ORAL HISTORIES FROM THE CHICAGO KOREAN AMERICAN COMMUNITY
2023
$15K
For grant recipient's exempt purposes
2023
$10K
Capital Campaign
2023
$10K
CHARITABLE DONATION
2023
$200K
General Operating Support
2022
$150K
GENERAL FUND
2022
$35K
For grant recipient's exempt purposes
2022
$25K
ARTS AND CULTURE
2022
$23K
Our Untold Stories - Oral Histories from the Chicago Korean American Community
2022
$23K
Our Untold Stories - Oral Histories from the Chicago Korean American Community
2022
$10K
CULTURAL, HISTORICAL & OTHER EDUCATIONAL
2022
$10K
Capital Campaign
2022
$54K
For grant recipient's exempt purposes
2021
$54K
For grant recipient's exempt purposes
2021
$21K
UNRESTRICTED
2021
$10K
Capital Campaign
2021
$200K
GENERAL FUND
2020
$40K
TO SUPPORT SMART GROWTH PROGRAM
2020
$10K
Capital Campaign
2020
$8K
COVID-19 EMERGENCY GRANT
2020
$6K
For grant recipient's exempt purposes
2020
$250K
GENERAL FUND
2019
$56K
GENERAL OPERATING SUPPORT
2019
$10K
Capital Campaign
2019
$53K
SMART GROWTH PROGRAM
2018
$11K
GENERAL FUND
2018
$10K
Operating Support
2017

Funded by

$1.5M from 11 funders · 30 grants · 2017–2024

Bisco Charitable Foundation

$761K · 5 grants · 2018–2023

The Chicago Community Trust

$350K · 4 grants · 2018–2022

Fidelity Investments Charitable Gift Fund

$165K · 5 grants · 2020–2023

Gaylord And Dorothy Donnelley Foundation

$69K · 3 grants · 2022–2023

Boston Foundation Inc

$60K · 6 grants · 2017–2023

Gs Donor Advised Philanthropy Fund

$25K · 1 grant · 2022

Network For Good

$21K · 1 grant · 2021

Smart Family Foundation Of Illinois

$20K · 2 grants · 2022–2024

Details

EIN202534366
NTEE codeA20
Subsection03
Ruling date2005-11
Formed2005
Employees2
Volunteers75
KOREAN CULTURAL CENTER OF CHICAGO — Mission, Financials & Grants Received | Grantivo