Totals
- Total revenue
- $648,594
- Total expenses
- $362,432
- Contributions and grants received
- $740,546
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1
- Other revenue
- -$91,953
- Total assets, end of year
- $380,591
- Total liabilities, end of year
- $29,833
- Net assets or fund balances, end of year
- $350,758
- Program services expenses (Part IX)
- $254,431
- Management and general expenses
- $69,988
- Fundraising expenses
- $38,013
- Program service expenses (Part III)
- $254,431
Program services were 70.2% 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.
-
1c · Fundraising events
$230,501
-
1e · Government grants (contributions)
$65,330
-
1f · All other contributions, gifts and grants
$444,715
-
3 · Investment income
total $1 · excluded $1
-
8a · Fundraising events: gross income
$37,800
-
8a · Fundraising events: contributions included on line 1c
$230,501
-
8b · Fundraising events: direct expenses
$129,753
-
8c · Net income from fundraising events
total -$91,953 · excluded -$91,953
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $85,000 · program services $59,500 · management and general $12,750 · fundraising $12,750
-
7 · Other salaries and wages
total $93,627 · program services $59,274 · management and general $22,012 · fundraising $12,341
-
10 · Payroll taxes
total $14,208 · program services $9,447 · management and general $2,765 · fundraising $1,996
-
11b · Fees: legal
total $14,872 · program services $9,889 · management and general $2,894 · fundraising $2,089
-
11c · Fees: accounting
total $11,997 · management and general $11,997
-
11g · Fees: other
total $101,249 · program services $90,385 · management and general $10,864
-
12 · Advertising and promotion
total $400 · program services $400
-
13 · Office expenses
total $6,080 · program services $4,141 · management and general $1,201 · fundraising $738
-
14 · Information technology
total $2,010 · program services $1,337 · management and general $391 · fundraising $282
-
16 · Occupancy
total $17,722 · program services $11,784 · management and general $3,449 · fundraising $2,489
-
17 · Travel
total $2,223 · program services $2,223
-
19 · Conferences, conventions and meetings
total $1,008 · program services $670 · management and general $196 · fundraising $142
-
23 · Insurance
total $6,822 · program services $4,536 · management and general $1,328 · fundraising $958
-
24a · Other expenses: Duessubscriptions
total $5,214 · program services $845 · management and general $141 · fundraising $4,228
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $31,393 · end of year $251,639
-
2 · Savings and temporary cash investments
end of year $836
-
3 · Pledges and grants receivable
end of year $115,874
-
9 · Prepaid expenses and deferred charges
end of year $11,023
-
15 · Other assets
end of year $1,219
-
17 · Accounts payable and accrued expenses
end of year $29,833
-
27 · Net assets without donor restrictions
beginning of year $31,393 · end of year $92,424
-
28 · Net assets with donor restrictions
end of year $258,334
Mission and programs · 2023
Mission
The Fred T. Korematsu Institute promotes civic participation and education that advances racial equity, social justice and human rights for all.
-
The Fred T. Korematsu Institute develops programs and works with schools to promote civic engagement relating to civil liberties, rights and antibullying education. The Institute develops educational kits to facilitate the above, which include suggested activities, lesson plans, biographies and historical material for use in schools and other venues. The Korematsu Institute supports policy and legislation initiatives to establish Fred Korematsu Day of Civil Liberties and the Constitution in perpetuity across the nation by educating state legislatures and government officials. The Korematsu Institute educates the general public through the use of legacy voices at community and school events.
Expenses $254,431
As filed on the 2023 return.
Listed in Part VII
-
Karen Korematsu
Founder & Executive Director
- Total calculated
- $92,083
- From this org
- $92,083
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeffrey Hsi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Paul Fournier
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jacinta Titialii-Abbott
Director
- Total calculated
- $0
- Hours/week
- 1
-
Andy Liu
Director
- Total calculated
- $0
- Hours/week
- 1
-
Peggy Saika
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Karen Ijichi Perkins
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Steele Willinger
Treasurer
- Total calculated
- $0
- Hours/week
- 5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441359349312839
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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