Form 990 for tax year 2023
Filed by CENTER FOR ASIAN AMERICAN MEDIA.
Totals
- Total revenue
- $11,535,103
- Total expenses
- $4,139,308
- Contributions and grants received
- $10,944,892
- Grants paid
- $773,750
- Program service revenue
- $334,195
- Investment income
- $235,188
- Other revenue
- $20,828
- Total assets, end of year
- $16,250,057
- Total liabilities, end of year
- $879,989
- Net assets or fund balances, end of year
- $15,370,068
- Program services expenses (Part IX)
- $3,258,597
- Management and general expenses
- $408,312
- Fundraising expenses
- $472,399
- Program service expenses (Part III)
- $3,258,597
Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$155,375
-
1f · All other contributions, gifts and grants
$10,789,517
-
1g · Noncash contributions included above
$24,157
-
2a · Program service revenue: Production revenue
total $55,500 · related or exempt $55,500
-
2b · Program service revenue: Sales & rental
total $23,117 · related or exempt $23,117
-
2c · Program service revenue: Sponsorship revenue
total $199,000 · related or exempt $199,000
-
2d · Program service revenue: Ticket sales
total $56,578 · related or exempt $56,578
-
3 · Investment income
total $235,188 · excluded $235,188
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous
total $20,828 · related or exempt $20,828
-
11e · Other revenue, total
$20,828
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $370,000 · program services $370,000
-
2 · Grants to domestic individuals
total $403,750 · program services $403,750
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $177,544 · program services $126,028 · management and general $17,842 · fundraising $33,674
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,424,656 · program services $1,011,283 · management and general $143,166 · fundraising $270,207
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $176,770 · program services $110,125 · management and general $41,048 · fundraising $25,597
-
10 · Payroll taxes
total $128,703 · program services $86,041 · management and general $12,134 · fundraising $30,528
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $88,954 · program services $75,288 · management and general $13,666
-
11c · Fees: accounting
total $14,600 · program services $12,357 · management and general $2,243
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $30,438 · fundraising $30,438
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $301,816 · program services $225,127 · management and general $73,959 · fundraising $2,730
-
12 · Advertising and promotion
total $189,002 · program services $167,787 · management and general $21,215
-
13 · Office expenses
total $15,786 · program services $8,135 · management and general $7,478 · fundraising $173
-
14 · Information technology
total $13,973 · program services $11,080 · management and general $2,387 · fundraising $506
-
15 · Royalties
total $0
-
16 · Occupancy
total $288,190 · program services $255,012 · management and general $8,225 · fundraising $24,953
-
17 · Travel
total $94,450 · program services $83,349 · management and general $10,120 · fundraising $981
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $15,182 · program services $12,497 · management and general $2,685
-
20 · Interest
total $16,081 · program services $1,038 · management and general $9,821 · fundraising $5,222
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,098 · program services $2,185 · management and general $321 · fundraising $592
-
23 · Insurance
total $32,364 · program services $22,894 · management and general $7,122 · fundraising $2,348
-
24a · Other expenses: Production expenses
total $176,126 · program services $170,630 · management and general $1,620 · fundraising $3,876
-
24b · Other expenses: Dues, licenses & service fees
total $67,620 · program services $44,845 · management and general $15,221 · fundraising $7,554
-
24c · Other expenses: Hospitality
total $48,351 · program services $14,017 · management and general $2,139 · fundraising $32,195
-
24d · Other expenses: In-kind goods
total $24,157 · program services $24,157
-
24e · All other expenses
total $37,697 · program services $20,972 · management and general $15,900 · fundraising $825
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,111,666 · end of year $3,515,099
-
2 · Savings and temporary cash investments
beginning of year $54,589 · end of year $54,631
-
3 · Pledges and grants receivable
beginning of year $2,719,371 · end of year $6,680,586
-
4 · Accounts receivable
beginning of year $2,394 · end of year $12,306
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $499,334 · end of year $499,334
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $43,277 · end of year $52,808
-
10a · Land, buildings and equipment: cost or other basis
$29,129
-
10b · Land, buildings and equipment: accumulated depreciation
$26,031
-
10c · Land, buildings and equipment, net
beginning of year $6,196 · end of year $3,098
-
11 · Investments: publicly traded securities
beginning of year $4,100,409 · end of year $5,317,869
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $819,871 · end of year $114,326
-
17 · Accounts payable and accrued expenses
beginning of year $86,700 · end of year $86,700
-
18 · Grants payable
beginning of year $390,876 · end of year $597,220
-
25 · Other liabilities
beginning of year $872,954 · end of year $196,069
-
27 · Net assets without donor restrictions
beginning of year $6,376,489 · end of year $7,090,130
-
28 · Net assets with donor restrictions
beginning of year $1,630,088 · end of year $8,279,938
Mission and programs · 2023
Mission
To present stories that convey the richness and diversity of Asian American experiences to the broadest audience possible. The Center does this by funding, producing, distributing, and exhibiting films, television, LIVE PERFORMANCES and digital media.
-
CAAM selected 19 projects that were funded through our Open Call for production funding. The selected films are timely and represent issues of national and global importance by filmmakers. CAAM also continued to support the growth of filmmaker talent through fellowship and mentorship activities.
Expenses $1,483,594 · Grants $762,750 · Revenue $10,000
-
In May, 2024, CAAM presented its 42nd San Francisco CAAMFest Film Festival. This year's festival presented narrative films, documentaries and narratives, features, to a total audience of over 7,000. The festival also featured numerous panels, workshops, and other programming.
Expenses $1,053,132 · Grants $1,000 · Revenue $301,078
-
CAAM presented more than 43 hours of public media broadcast programs to a cumulative audience of over 6 million viewers. This high quality programing garnered numerous awards.
Expenses $632,061 · Grants $10,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stephen Gong
Executive Dir.
- Total calculated
- $177,544
- From this org
- $166,544
- From related orgs
- $0
- Other
- $11,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,544
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,000
- Nontaxable benefits
- not reported
- Filer's total
- $177,544
-
Donald Young
Dir. of Programs
- Total calculated
- $144,325
- From this org
- $142,325
- From related orgs
- $0
- Other
- $2,000
- Hours/week
- 40
-
James Ott
Dir. of Finance
- Total calculated
- $134,759
- From this org
- $132,759
- From related orgs
- $0
- Other
- $2,000
- Hours/week
- 40
-
Frances Pomperada
Dir. of Developmt
- Total calculated
- $123,760
- From this org
- $121,760
- From related orgs
- $0
- Other
- $2,000
- Hours/week
- 40
-
Vincent Pan
Co-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Dipti Ghosh
Co-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Brent Hall
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
David Lei
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Nguyen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
James Bao
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Christine Chen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rosemarie Nahm
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard Chin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Hanson Li
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Wei
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Myong Leigh
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Paula Madison
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Frank Nakano
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$75,000
Filmmaker award
-
This Is How It Ends LLC
$60,000
Filmmaker award
-
Oyster Films LLC
$50,000
Filmmaker award
-
TalkStory LLC
$50,000
Filmmaker award
-
The Golden Screen Series LLC
$50,000
Filmmaker award
-
Asian Ballers LLC
$40,000
Filmmaker award
-
Anchor Pictures Inc
$30,000
Filmmaker award
-
$10,000
Filmmaker award
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501 c3 · Supporting Org. · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202542049349300034
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