Morning Star Korean Culture Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 256,384 | 268,929 | −12,545 | 2.9 | 13% |
| 2011 | 234,344 | 256,865 | −22,521 | 5.0 | 16% |
| 2012 | 468,713 | 168,144 | 300,569 | 8.5 | 23% |
| 2013 | 235,708 | 227,090 | 8,618 | 0.0 | 0% |
| 2014 | 171,123 | 159,541 | 11,582 | 11.3 | 24% |
| 2015 | 193,846 | 182,427 | 11,419 | 8.1 | 27% |
| 2016 | 192,551 | 209,486 | −16,935 | 6.1 | 38% |
| 2017 | 296,840 | 225,804 | 71,036 | 5.6 | 43% |
| 2018 | 151,830 | 127,099 | 24,731 | 0.5 | 0% |
| 2019 | 119,670 | 142,759 | −23,089 | 9.1 | 0% |
| 2021 | 213,318 | 223,909 | −10,591 | 167.1 | 0% |
| 2023 | 282,370 | 150,519 | 131,851 | 256.5 | 0% |
In its most recent public year (2023), this organization brought in $131,851 more than it spent. Its reserves stood at about 256.5 months of spending, up from 2.9 in 2010. Staff pay was 0% of spending.
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
Morning Star Korean Culture Center Inc'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