Korean Cultural Center Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 427,651 | 501,479 | −73,828 | 55.5 | 0% |
| 2012 | 375,927 | 373,414 | 2,513 | 74.6 | 0% |
| 2013 | 534,201 | 368,313 | 165,888 | 81.1 | 0% |
| 2014 | 324,124 | 392,447 | −68,323 | 74.0 | 0% |
| 2015 | 328,975 | 389,566 | −60,591 | 72.7 | 0% |
| 2016 | 403,755 | 363,118 | 40,637 | 79.3 | 0% |
| 2017 | 449,744 | 440,470 | 9,274 | 65.6 | 0% |
| 2018 | 435,356 | 424,093 | 11,263 | 68.5 | 0% |
| 2019 | 861,536 | 492,430 | 369,106 | 68.0 | 0% |
| 2020 | 530,799 | 450,413 | 80,386 | 76.5 | 0% |
| 2021 | 1,518,960 | 522,983 | 995,977 | 88.7 | 0% |
| 2022 | 1,270,080 | 623,558 | 646,522 | 86.8 | 21% |
| 2023 | 2,015,448 | 657,105 | 1,358,343 | 112.7 | 33% |
In its most recent public year (2023), this organization brought in $1,358,343 more than it spent. Its reserves stood at about 112.7 months of spending, up from 55.5 in 2011. Staff pay was 33% of spending. $2,395,534 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Korean Cultural Center Of Chicago's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works