Korea Creative Content Agency

Analysis

Korea Creative Content Agency is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korea Creative Content Agency reported income of $706k and spending of $666k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $706k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Korea Creative Content Agency sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Athens-Clarke Heritage Foundation Inc ($706k), Artspace Inc ($707k) and Bargemusic Ltd ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $292k. At year end it held assets of $158k against liabilities of $4,540, net assets of $154k. It reported 5 employees.