Korea Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,205,092 | 3,486,191 | −281,099 | 49.3 | 44% |
| 2012 | 3,393,692 | 3,175,634 | 218,058 | 59.1 | 47% |
| 2013 | 0 | 3,060,364 | −3,060,364 | 66.4 | 44% |
| 2014 | 4,396,364 | 2,832,110 | 1,564,254 | 76.7 | 42% |
| 2015 | 2,165,610 | 2,638,419 | −472,809 | 77.6 | 40% |
| 2016 | 3,434,063 | 2,705,840 | 728,223 | 82.0 | 36% |
| 2017 | 2,507,995 | 2,630,017 | −122,022 | 87.8 | 34% |
| 2018 | 2,514,618 | 2,825,740 | −311,122 | 74.6 | 32% |
| 2019 | 3,599,558 | 2,906,161 | 693,397 | 84.5 | 34% |
| 2020 | 3,566,882 | 2,928,001 | 638,881 | 92.3 | 36% |
| 2021 | 3,688,770 | 2,989,793 | 698,977 | 103.7 | 39% |
| 2022 | 5,439,144 | 3,476,977 | 1,962,167 | 81.0 | 36% |
| 2023 | 3,540,827 | 3,755,584 | −214,757 | 80.8 | 38% |
In its most recent public year (2023), this organization spent $214,757 more than it brought in. Its reserves stood at about 80.8 months of spending, up from 49.3 in 2011. Staff pay was 38% of spending. $12,748,387 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
Korea Society'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