Traditional Culture Reviving Cente… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

8889074697

Tax Period

2023-09-01 to 2024-08-31

Traditional Culture Reviving Center Inc, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.6M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

The purpose of Traditional Culture Reviving Center, Inc. is to foster and promote public interest and appreciation in classical Chinese dance and other traditional performing art forms, and to enrich the community's appreciation of traditional Chinese performing arts, through performing arts events, education, demonstration and study.

Program Service Accomplishments

Program 1

Expenses: $7,553,981 Revenue: $7,467,386

Presented and promoted Shen Yun performances in greater New York metropolitan area

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,161

Program Service Revenue $7,467,386

Investment Income $49,728

Other Revenue $0

TOTAL REVENUE $7,562,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,553,981

Other Expenses $7,557,450

TOTAL EXPENSES $7,557,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,562,275	$6,700,311	+0.1%
Expenses	$7,557,450	$6,684,010	+0.1%
Net Income	$4,825	$16,301	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

105

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rong Yi	Director/President	20	Officer Director	$0	$0	$0
Pingyi Noto	Director/Secretary	10	Officer Director	$0	$0	$0
Jing Chen	Director/Treasurer	20	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$7,562,275	$7,557,450	$5,960,359	$4,825
2023	$6,700,311	$6,684,010	$4,040,770	$16,301
2022	$4,808,947	$6,068,035	$4,083,486	$-1,259,088
2021	$6,424,422	$472,002	$6,609,932	$5,952,420
2020	$2,516,579	$5,957,482	$262,128	$-3,440,903

Traditional Culture Reviving Center Inc