NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KOREAN CULTURE CENTER OF NEW YORK, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $39K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $27K, a strong 69% operating margin.
THE MISSION OF KOREAN CULTURE CENTER OF NEW YORK, INC. IS TO PROMOTE AND ORGANIZE KOREAN CULTURAL, ARTS, EDUCATIONAL, AND SOCIAL ACTIVITIES. IT AIMS TO ESTABLISH A VENUE WHERE ALL KOREAN AMERICANS AND OTHER GROUPS CAN PARTICIPATE IN PROGRAMS AND EVENTS THAT CELEBRATE KOREAN CULTURE AND HERITAGE. HENCE, IT SEEKS TO IMPROVE THE UNDERSTANDING OF KOREAN AMERICANS THROUGH ITS DIVERSE EDUCATIONAL PROGRAMS AND UNIQUE CULTURAL ACTIVITIES.
TO DISCOVER, PRESERVE, AND DEVELOP KOREAN IMMIGRANTS' HISTORY AND KOREAN CULTURAL LEGACIES IN THE UNIED STATES. TO ENHANCE THE UNDERSTANDING OF THE KOREAN CULTURAL'S UNIQUENESS BY PROPAGATING AND...
TO DISCOVER, PRESERVE, AND DEVELOP KOREAN IMMIGRANTS' HISTORY AND KOREAN CULTURAL LEGACIES IN THE UNIED STATES. TO ENHANCE THE UNDERSTANDING OF THE KOREAN CULTURAL'S UNIQUENESS BY PROPAGATING AND EDUCATING KOREA CULTURE TO KOREAN DESCENDANTS AND OTHER PEOPLES TO SERVE AS THE CENTER FOR COOPERATION AMONG ALL KOREA-AMERICANS AND THEIR ORGANIZATION TO SUPPORT CROSS-CULTURAL UNDERSTANDING THAT CAN EMBRACE AND EMPOWER ALL PEROPLE TH COEXIST PEACEFULLY
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $39,235 | $53,119 | -0.3% |
| Expenses | $11,971 | $42,110 | -0.7% |
| Net Income | $27,264 | $11,009 | +1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| YONG K KIM | PRESIDENT | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $39,235 | $11,971 | $77,518 | $27,264 |
| 2022 | $53,119 | $42,110 | $50,254 | $11,009 |
| 2021 | $37,293 | $23,187 | $39,245 | $14,106 |
| 2020 | $39,425 | $34,827 | $29,772 | $4,598 |
| 2019 | $33,140 | $82,396 | $28,821 | $-49,256 |
| 2018 | $105,468 | $88,813 | $30,648 | $16,655 |
Compare KOREAN CULTURE CENTER OF NEW YORK with other nonprofits in New York and across the country.