Korean Traditional Dance Institute of California

Analysis

Korean Traditional Dance Institute of California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2017, 9 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, Korean Traditional Dance Institute of California reported income of $172k and spending of $207k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $172k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 368%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Korean Traditional Dance Institute of California sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Cadena Radial Remanente Corp ($172k), Society for Economic Dynamics ($172k) and Friends of Summersounds Inc ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $32k. At year end it held assets of $518k against liabilities of $0, net assets of $518k. It reported 1 employees.