Civic Intelligence

Korean American Music Foundation

EIN 20-4544129 • 501(c)3 • Los Angeles, CA

Profile

To bring culture and enrich lives through classical music to the korean american community in southern california, and provide performance opportunities for the local youth, school and cultural groups in southern california through our concerts.

3130 W Olympic BlvdLos Angeles, CA 90006

www.kamfla.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

61st percentile

8.0%

Higher net margin than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$21,948

Up $3,506 (+19%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$21,948

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin61st percentile

Revenue

Up

$43,700

Up $5,560 (+15%) from 2013

Expenses

Up

$40,194

Up $1,054 (+2.7%) from 2013

Net Income

Up

$3,506

Up $4,506 (+451%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2011: $7,456Liabilities 2011: $02011Assets 2012: $19,442Liabilities 2012: $02012Assets 2013: $18,442Liabilities 2013: $02013Assets 2014: $21,948Net Assets 2014: $21,9482014

Highlighted filing

2014

Assets$21,948
Liabilities-
Net Assets$21,948
Open 2014 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $51,915Expenses 2011: $49,604Net Income 2011: $2,3112011Revenue 2012: $63,050Expenses 2012: $51,064Net Income 2012: $11,9862012Revenue 2013: $38,140Expenses 2013: $39,140Net Income 2013: -$1,0002013Revenue 2014: $43,700Expenses 2014: $40,194Net Income 2014: $3,5062014

Highlighted filing

2014

Revenue$43,700
Expenses$40,194
Net Income$3,506
Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,948
Liabilities
-
Net assets
$21,948
Revenue
$43,700
Expenses
$40,194
Net income
$3,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$21.9$21.9$43.7$40.2$3.51
2013Summary only. Only limited summary data is available for this year.$18.4$0.00$38.1$39.1$1.00
2012Summary only. Only limited summary data is available for this year.$19.4$0.00$63.1$51.1$12.0
2011Summary only. Only limited summary data is available for this year.$7.46$0.00$51.9$49.6$2.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$43,700
Mission and Program Overview

Mission

To bring culture and enrich lives through classical music to the korean american community in southern california, and provide performance opportunities for the local youth, school and cultural groups in southern california through our concerts.

Program Services

DescriptionGrantsExpenses
INSTRUCTION, REHEARSALS, VENUES AND FORUM FOR YOUTH MUSICIANS TO ENHANCE THEIR MUSICAL KNOWLEDGE AND EDUCATION, AND PROVIDE COMMUNITY WITH MUSICAL PROGRAM AND CONCERTS.$16,772-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOOK HYUN LEEPresident-$0--
JANICE KIMSecretary-$0--
GENE KAMTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Korean American Music Foundation
EIN
20-4544129
Phone
3234843130
Address
3130 W OLYMPIC BLVD, LOS ANGELES, CA 90006

Signing Officer

Name
Gene Kam
Title
Treasurer
Signed
2015-05-05
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $200”

Other Expenses.1002

“Office Expenses $657”

Other Expenses.1007

“Conferences, Conventions, and Meetings $874”

Other Expenses.1012

“Insurance $869”

Other Expenses.1

“CONCERTS $16772”

Other Expenses.3

“MUSIC SUPPLIES $602”

Other Expenses.4

“WEBSITE $517”

Other Expenses.5

“TELEPHONE $394”

Other Expenses.6

“INTERNET $380”

Other Expenses.7

“OFFICE SUPPLIES $108”

Other Expenses.8

“WEBHOSTING $75”

Other Expenses.9

“LICENSES/PERMITS $55”

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GENE KAM
IRS990EZ/BooksInCareOfDetail/PhoneNum03234843130
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03130 W OLYMPIC BLVD 420
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018442
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021948
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt011000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03506
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018442
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021948
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt017240
IRS990EZ/GrossReceiptsAmt043700
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt017110
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018442
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021948
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018442
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021948
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt26.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SOOK HYUN LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANICE KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GENE KAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021503
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BRING CULTURE AND ENRICH LIVES THROUGH CLASSICAL MUSIC TO THE KOREAN AMERICAN COMMUNITY IN SOUTHERN CALIFORNIA, AND PROVIDE PERFORMANCE OPPORTUNITIES FOR THE LOCAL YOUTH, SCHOOL AND CULTURAL GROUPS IN SOUTHERN CALIFORNIA THROUGH OUR CONCERTS.
IRS990EZ/PrintingPublicationsPostageAmt01451
IRS990EZ/ProgramServiceRevenueAmt015590
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INSTRUCTION, REHEARSALS, VENUES AND FORUM FOR YOUTH MUSICIANS TO ENHANCE THEIR MUSICAL KNOWLEDGE AND EDUCATION, AND PROVIDE COMMUNITY WITH MUSICAL PROGRAM AND CONCERTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016772
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040194
IRS990EZ/TotalProgramServiceExpensesAmt016772
IRS990EZ/TotalRevenueAmt043700
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.kamfla.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt028110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt034280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0135300
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0135300
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt028110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt034280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021890
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028140
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0135300
IRS990ScheduleA/TotalSupportAmt0135300
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $657
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONCERTS $16772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MUSIC SUPPLIES $602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WEBSITE $517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TELEPHONE $394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INTERNET $380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OFFICE SUPPLIES $108
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10WEBHOSTING $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11LICENSES/PERMITS $55
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GENE KAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN AMERICAN MUSIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0204544129
ReturnHeader/Filer/PhoneNum03234843130
ReturnHeader/Filer/USAddress/AddressLine1Txt03130 W OLYMPIC BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090006
ReturnHeader/ReturnTs02015-05-07T16:04:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits