THE KOREAN AMERICAN INSTITUTE

EIN: 881060189 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$552,155
Total Expenses
$620,645
Total Assets
$62,834
Net Assets
$62,834
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DC
Principal Officer
Mark Keam
Phone
2025050300
Tax Period
2025-01-01 to 2025-12-31

THE KOREAN AMERICAN INSTITUTE, founded in 2022, is a small nonprofit in the Education sector that reported $552K in total revenue in fiscal year 2025. Revenue surged 823% from the prior year, signaling strong growth momentum. Expenses of $621K exceeded revenue, resulting in a 12% operating deficit.

Mission

KOREAN AMERICAN INSTITUTE IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO CREATE AN AMERICAN DEMOCRACY WHERE KOREAN AMERICANS MATTER BY PRODUCING AND SHARING INSIGHTUL AND ACTIONABLE RESEARCH TO IMPROVE DECISION MAKING ON ISSUES FACING KOREAN AMERICANS.

Program Service Accomplishments

Program 1
Expenses: $77,000 Revenue: $0

KAI'S FIRST PROGRAM IN 2025 WAS TO LAUNCH A PROJECT TO CONDUCT A NATIONAL SURVEY OF THE KOREAN AMERICAN COMMUNITY TARGETING A REPRESENTATIVE SAMPLE OF 1,500 INDIVIDUALS. USING PHONE AND ONLINE...

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KAI'S FIRST PROGRAM IN 2025 WAS TO LAUNCH A PROJECT TO CONDUCT A NATIONAL SURVEY OF THE KOREAN AMERICAN COMMUNITY TARGETING A REPRESENTATIVE SAMPLE OF 1,500 INDIVIDUALS. USING PHONE AND ONLINE QUESTIONS, THE SURVEY IS DESIGNED TO ASCERTAIN THE MOST UP TO DATE DEMOGRAPHIC INFORMATION AND ATTITUDES ABOUT VARIOUS ISSUES TO REFLECT THE CURRENT STATE OF KOREANS AND KOREAN AMERICANS IN THE UNITED STATES. THIS IS A TWO-YEAR PROJECT AND KAI SPENT $77,000 DURING 2025.

Program 2
Expenses: $17,500 Revenue: $0

KAI'S SECOND PROGRAM IN 2025 WAS CONDUCTING ORIGINAL RESEARCH TO DETERMINE THE CONTRIBUTIONS MADE BY KOREAN AMERICANS TO THE ECONOMY OF THE UNITED STATES. KAI COMMISSIONED AN ECONOMIST TO LEAD THIS...

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KAI'S SECOND PROGRAM IN 2025 WAS CONDUCTING ORIGINAL RESEARCH TO DETERMINE THE CONTRIBUTIONS MADE BY KOREAN AMERICANS TO THE ECONOMY OF THE UNITED STATES. KAI COMMISSIONED AN ECONOMIST TO LEAD THIS PROJECT WHICH SHOULD BE CONCLUDED BY SUMMER OF 2026. KAI PLANS TO PUBLISH THE RESULTS ON ITS WEBSITE FOR PUBLIC CONSUMPTION. KAI PLANS TO SHARE THE FINDINGS WITH POLICYMAKERS, ACADEMIC INSTITUTIONS, AND INTERESTED ORGANIZATIONS. KAI SPENT $17,500 DURING 2025.

Program 3
Expenses: $53,325 Revenue: $9,755

KAI'S THIRD PROGRAM IN 2025 WAS TO HOST A NATIONAL CONFERENCE TO EDUCATE THE KOREAN AMERICAN COMMUNITY ON POLICY ISSUES OF IMPORTANCE. OVER THE WEEKEND OF SEPTEMBER 12-14, 2025, OVER 125 INDIVIDUALS...

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KAI'S THIRD PROGRAM IN 2025 WAS TO HOST A NATIONAL CONFERENCE TO EDUCATE THE KOREAN AMERICAN COMMUNITY ON POLICY ISSUES OF IMPORTANCE. OVER THE WEEKEND OF SEPTEMBER 12-14, 2025, OVER 125 INDIVIDUALS FROM ACROSS THE NATION GATHERED IN PHILADELPHIA TO HEAR FROM EXPERTS AND TO SHARE IDEAS ON HOW TO SUPPORT THE NEEDS OF THE KOREAN AMERICAN COMMUNITY. KAI SPENT $53,324.77 ON THE VENUE, SET UP, WEBSITE, AUDIO/VIDEO, TRAVEL, MEALS, AND OTHER MEETING EXPENSES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $542,400
Program Service Revenue $9,755
Investment Income $0
Other Revenue $0
TOTAL REVENUE $552,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $422,397
Fundraising Expenses $0
Program Expenses $147,825
Other Expenses $198,248
TOTAL EXPENSES $620,645

Year-over-Year Comparison

2025 2024 Change
Revenue $552,155 $59,843 +8.2%
Expenses $620,645 $406,665 +0.5%
Net Income $-68,490 $-346,822 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
5
$250,000
Total Directors
6
$0
Key Employees
1
$250,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK KEAM PRESIDENT 40
Officer Key Emp Highest
$250,000 $0 $250,000
JOHN LIM CHAIR 2
Officer Director
$0 $0 $0
JERRY KANG VICE CHAIR 1
Officer Director
$0 $0 $0
ANDREW KIM SECRETARY 1
Officer Director
$0 $0 $0
TAEKU LEE TREASURER 1
Officer Director
$0 $0 $0
CATHARINA MIN BOARD MEMBER 0
Director
$0 $0 $0
HELENE KIM BOARD MEMBER 0
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 $552,155 $620,645 $62,834 $-68,490
2024 No data No data No data No data
2023 $5,040 $10,673 $478,146 $-5,633
2022 $510,100 $26,321 No data $483,779
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