Form 990 for tax year 2023

Totals

Total revenue

$8,037,755

Total expenses

$7,519,021

Contributions and grants received

$4,745,665

Grants paid

$152,500

Program service revenue

$3,218,796

Investment income

$73,294

Other revenue

$0

Total assets, end of year

$5,221,320

Total liabilities, end of year

$434,112

Net assets or fund balances, end of year

$4,787,208

Program services expenses (Part IX)

$6,164,742

Management and general expenses

$990,189

Fundraising expenses

$364,090

Program service expenses (Part III)

$6,164,742

Program services were 82.0% 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.

Mission and programs · 2023

• WE OPERATE SEVERAL PROGRAMS ONLINE AND IN LOS ANGELES, NEW YORK CITY, AND SAN FRANCISCO. WE CURRENTLY DO NOT HAVE ANY PHYSICAL OFFICES OUTSIDE OF USING CO-WORKING SPACE ACROSS LOS ANGELES AND NEW YORK CITY. WE DO NOT OWN ANY SIGNIFICANT PHYSICAL PROPERTY. OUR TEAM CONSISTS OF A MIX OF PASSIONATE FULL-TIME STAFF AND PART-TIME VOLUNTEERS. OUR FULL TIME STAFF GREW TO 18 AS OF THE END OF 2023. BELOW ARE DESCRIPTIONS OF OUR PROGRAMS AND OPERATIONS. UNITY & SOLIDARITY THROUGH MEMBERSHIP PROGRAMS AND PLATFORMS, WE FOSTER A CULTURE OF MUTUAL SUPPORT AMONG ESTABLISHED, EMERGING, AND COMMUNITY LEADERS. OUR PROGRAMS POWERING UNITY INCLUDE THE FOLLOWING: FAMILY DINNERS ARE INTIMATE GATHERINGS OF APPROXIMATELY 30 TOP ASIAN PACIFIC LEADERS ACROSS GENERATIONS AND INDUSTRIES. THESE WORKING DINNERS ARE FOCUSED ON SOLVING AN IMPORTANT ISSUE FOR OUR COMMUNITY, CHANNELING THE ROOM'S EXPERTISE AND RESOURCES TO UPLIFT THE BROADER ASIAN PACIFIC DIASPORA. WE HOST ABOUT 10 FAMILY DINNERS A YEAR. CULTURAL CELEBRATIONS OF ASIAN PACIFIC HERITAGE AND HOLIDAYS, INCLUDING LUNAR NEW YEAR, EID AL-FITR, MID-AUTUMN FESTIVAL, AND DIWALI. GOLD HOUSE HOSTS A VARIETY OF EVENTS AND CAMPAIGNS EACH YEAR TO CELEBRATE THESE CULTURAL MOMENTS WITH OUR COMMUNITY AND SHARE THEIR TRADITIONS WITH BROADER AUDIENCES GOLD FORUM IS THE DEFINITIVE THINK-TANK EVENT CONVENING TOP ASIAN PACIFIC LEADERS ACROSS INDUSTRIES TO HONE SHARED RESOURCES, IDENTIFY COLLABORATIONS, AND ALIGN ON COLLECTIVE PRIORITIES TO UPLIFT THE BROADER ASIAN PACIFIC AND MARGINALIZED COMMUNITIES. WE HOST THIS FULL-DAY SUMMIT EACH FALL IN NEW YORK CITY. THE FUTURES NETWORK IS THE LARGEST NETWORK OF THE MOST-PROMISING ASIAN PACIFIC AND MULTICULTURAL CREATIVE ARTISTS, FOUNDERS, AND LEADERS. WE HOST A VARIETY OF PROGRAMS AND EVENTS TO HELP PROPEL THE CAREERS OF THESE FUTURE CHANGEMAKERS, INCLUDING SPECIAL PRIZES, ACCELERATORS, MASTERCLASSES, COMMUNITY GATHERINGS, AND OTHER RESOURCES FOR FOUNDERS, FINE ARTISTS, JOURNALISTS, FILMMAKERS, AND MUSIC ARTISTS. GOLD WOMEN, WHICH INCLUDES PROGRAMS AND EVENTS THAT POWER THE FOREMOST ASIAN PACIFIC WOMEN EXECUTIVES TO CLAIM AND SUSTAIN LEADERSHIP THROUGH CONNECTION AND ADVANCEMENT, ESSENTIAL GIVEN THAT ASIAN WOMEN ARE THE LEAST LIKELY DEMOGRAPHIC TO BE PROMOTED TO MANAGEMENT. NARRATIVE CHANGE THROUGH A COMPREHENSIVE SUITE OF RESEARCH, EDUCATION, PROMOTION, AND RESOURCES, WE RESHAPE PUBLIC PERCEPTIONS AND DISMANTLE STEREOTYPES ABOUT THE ASIAN PACIFIC DIASPORA. OUR NARRATIVE CHANGE PROGRAMS INCLUDE THE FOLLOWING: CULTURAL RESEARCH, WHERE GOLD HOUSE PARTNERS WITH LEADING ACADEMIC, COMMERCIAL, AND OTHER NON-PROFIT INSTITUTIONS ON ORIGINAL STUDIES AND THOUGHT LEADERSHIP TO ADVANCE ASIAN PACIFIC REPRESENTATION ACROSS INDUSTRIES. EXAMPLES INCLUDE REPORTS ON MISSED OPPORTUNITIES BY NOT INVESTING IN ASIAN PACIFIC STORIES AND CREATIVES AND THE IMPORTANCE OF CULTURAL SPECIFICITY IN ASIAN PACIFIC REPRESENTATION ON-SCREEN. WE CO- AUTHOR THE REPORTS AND HOST EVENTS AND CAMPAIGNS TO PROMOTE THEIR FINDINGS. CULTURAL EDUCATION & GUIDANCE, WHERE GOLD HOUSE PARTNERS WITH LEADING STUDIOS AND CREATIVES THROUGH THE ENTIRE LIFECYCLE OF A PROJECT TO ENSURE CULTURAL AUTHENTICITY AND AFFIRMING PORTRAYAL OF ASIANS AND PACIFIC ISLANDERS. COMMUNITY PROMOTION, WHERE GOLD HOUSE MOBILIZES THE COMMUNITY TO CHAMPION THE SUCCESS OF AUTHENTIC AND AFFIRMING ASIAN PACIFIC-LED FILMS AND SERIES. THROUGH COMMUNITY EVENTS, SCREENINGS, CONVERSATIONS, PANELS, AND CAMPAIGNS, WE WORK TO ENSURE THE SUCCESS OF MARGINALIZED STORIES TO RESHAPE PUBLIC PERCEPTIONS WITH BROADER AUDIENCES. EXAMPLES INCLUDE BREAKING BOX-OFFICE RECORDS WITH FILMS LIKE CRAZY RICH ASIANS AND MAKING AWARDS HISTORY WITH FILMS LIKE PARASITE AND EVERYTHING EVERYWHERE ALL AT ONCE. CREATIVE EQUITY FUND INCLUDES A SLATE OF ACCELERATORS AND FUNDS TO SUPPORT STORIES FURTHERING ASIAN PACIFIC CULTURE, HERITAGE, AND INTERESTS. WE PARTNER WITH THE WORLD'S TOP CREATIVE LEADERS AND PLATFORMS TO PROVIDE CAREER DEVELOPMENT RESOURCES, MENTORSHIP, AND PROMOTION IN FILM, MUSIC, ART, JOURNALISM, AND MORE. SUNRISE COLLECTIVE HOUSE, WHERE WE CO-HOST THE OFFICIAL ASIAN PACIFIC HOUSE AT SUNDANCE FILM FESTIVAL EACH JANUARY WITH THE ASIAN AMERICAN FOUNDATION AND 3AD. OUR PROGRAMS AND EVENTS AT SUNRISE COLLECTIVE HOUSE INCLUDE INDUSTRY-LEADING PANELS, CAREER DEVELOPMENT RESOURCES, AND NETWORKING GATHERINGS TO UPLIFT DIVERSE INDEPENDENT FILMMAKERS AND CREATIVE ARTISTS. ECONOMIC EMPOWERMENT THROUGH THE LARGEST TOP ASIAN PACIFIC FOUNDER NETWORK AND ACCELERATOR, WE RESHAPE POWER AND ECONOMIC OPPORTUNITY FOR ALL MARGINALIZED COMMUNITIES. OUR PROGRAMS POWERING ECONOMIC EQUITY INCLUDE THE FOLLOWING: FOUNDER NETWORK, WHICH IS PART OF OUR BROADER FUTURES NETWORK, INCLUDES THE LARGEST NETWORK OF THE MOST-PROMISING ASIAN PACIFIC FOUNDERS. WE PROVIDE REGULAR CAREER DEVELOPMENT RESOURCES, BUSINESS OPPORTUNITIES, AND NETWORKING EVENTS TO SUPPORT THESE DIVERSE ENTREPRENEURS AND THEIR SMALL- TO-MEDIUM SIZED BUSINESSES. FOUNDER ACCELERATORS SUPPORT THE TOP EMERGING ASIAN PACIFIC ENTREPRENEURS THROUGH AN INTENSIVE 12-WEEK PROGRAM WITH TARGETED MASTERCLASSES, 1:1 ADVISING, AND A COMMUNITY OF OTHER MARGINALIZED FOUNDERS. AS ONE OF THE NATION'S MOST SUCCESSFUL STARTUP ACCELERATORS, PARTICIPANTS CONTINUE TO SHATTER THE "BAMBOO CEILING- AND DEFY STEREOTYPES. ONE HOUSE LEADERSHIP COALITION IS AN ALLIANCE OF LEADING MULTICULTURAL VCS AND ORGANIZATIONS WORKING TOGETHER TO ACCELERATE THE PLACEMENTS OF LEADERS FROM UNDERREPRESENTED COMMUNITIES AS BOARD DIRECTORS AND ADVISORS OF PRIVATELY HELD AND NEWLY LISTED COMPANIES. SINCE LAUNCHING IN SEPTEMBER 2022, THE COALITION HAS PLACED 61 DIVERSE CANDIDATES. RECOGNITION & BELONGING THROUGH A SLATE OF AWARDS, PRESS, PLATFORM PARTNERSHIPS, AND MAINSTREAM SPECTACLES, WE PROPEL THE VISIBILITY OF ASIAN PACIFIC LEADERS AND FOSTER BELONGING ACROSS SOCIETY. OUR PROGRAMS FURTHERING RECOGNITION AND BELONGING INCLUDE THE FOLLOWING: THE A100 IS AN ANNUAL MAINSTREAM AWARD CELEBRATING THE 100 MOST IMPACTFUL ASIANS AND PACIFIC ISLANDERS OF THE LAST YEAR. TO SELECT THE A100, GOLD HOUSE SOLICITS PUBLIC NOMINATIONS AND WORKS WITH A SELECTION COMMITTEE CONSISTING OF DOZENS OF ASIAN PACIFIC NONPROFITS AS WELL AS MULTIPLE ICONS AND LEGENDS OF OUR TIME. THE LIST IS PUBLISHED IN MAINSTREAM PRESS AND SOCIAL MEDIA, PROVIDING UNMATCHED VISIBILITY TO MARGINALIZED VOICES AND REMINDING MAINSTREAM AUDIENCES OF HOW ASIANS AND PACIFIC ISLANDERS CONTINUE TO CONTRIBUTE TO SOCIETY. THE GOLD GALA CELEBRATES THE A100 AND OUR BROADER COMMUNITY'S ACCOMPLISHMENTS EACH YEAR IN LOS ANGELES, ALONGSIDE HUNDREDS OF HIGHLY ESTEEMED GUESTS ACROSS MULTIPLE INDUSTRIES AND DISCIPLINES. IT HAS GROWN TO BECOME THE MOST-VIEWED AND COVETED ASIAN PACIFIC GATHERING ON THE CONTINENT, PROVIDING UNPARALLELED VISIBILITY, CONNECTION, AND INSPIRATION TO UPLIFT THE ASIAN PACIFIC COMMUNITY. GOLD LISTS HONOR THE MOST OUTSTANDING ASIAN PACIFIC ACHIEVEMENTS IN THE FILM AND TV INDUSTRY EACH YEAR. IT WAS CREATED TO ACCELERATE THE FAIR INCLUSION OF ASIAN PACIFIC CREATIVES AND PROJECTS IN MAINSTREAM MEDIA AND DURING THE CRUCIAL AWARDS SEASON. WE WORK WITH HUNDREDS OF INDUSTRY LEADERS TO SELECT THE HONOREES AND PROMOTE THEIR STORIES DURING CRITICAL AWARDS VOTING PERIODS. SINCE ITS INCEPTION THREE YEARS AGO, DOZENS OF GOLD LIST HONOREES HAVE GONE ON TO RECEIVE ACADEMY AWARD AND EMMY AWARD NOMINATIONS. OPERATIONS PLATFORMS WE CURRENTLY OPERATE USING GSUITE AND SLACK (GENERAL OPERATIONS), TYPEFORM (ONLINE FORMS), PANTHEON (WEBSITE BUILDER), PAYPAL/NEON (ONLINE DONATIONS), AND ADOPTED AND INTEGRATED HUBSPOT IN 2022 AS OUR CRM PLATFORM. IN ADDITION, SEVERAL OTHER TOOLS ARE UTILIZED ACROSS THE VARIOUS TEAMS AT GOLD HOUSE INCLUDING CANVA, AIRTABLE, FIGMA, ADOBE, AND OTHERS.

  Expenses $6,164,742 · Grants $152,500 · Revenue $3,218,796

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

• SPENCER HWA-BING CHEN

  PRESIDENT

  Total calculated

  $248,952

  From this org

  $248,952

  From related orgs

  $0

  Other

  $0

  Hours/week

  60

  Schedule J breakdown matched by us

  Base

  $248,952

  Bonus

  —not reported

  Other

  —not reported

  Deferred

  —not reported

  Nontaxable benefits

  —not reported

  Filer's total

  $248,952

• JEREMY TRAN

  EXEC DIR/SEC

  Total calculated

  $243,020

  From this org

  $243,020

  From related orgs

  $0

  Other

  $0

  Hours/week

  60

  Schedule J breakdown matched by us

  Base

  $243,020

  Bonus

  —not reported

  Other

  —not reported

  Deferred

  —not reported

  Nontaxable benefits

  —not reported

  Filer's total

  $243,020

• BEN CHU

  TREASURER

  Total calculated

  $185,739

  From this org

  $185,739

  From related orgs

  $0

  Other

  $0

  Hours/week

  60

  Schedule J breakdown matched by us

  Base

  $185,739

  Bonus

  —not reported

  Other

  —not reported

  Deferred

  —not reported

  Nontaxable benefits

  —not reported

  Filer's total

  $185,739

• AGNES CHU

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• PRABAL GURUNG

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• DANIEL DAE KIM

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• MICHELLE LEE

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• PATRICK LEE

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• HELEN LIN

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• KEVIN MAXWELL LIN

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• KEVIN NISHIMURA

  BOARD OF DIR

  Total calculated

  $0

  Hours/week

  1

• SANJAY SHARMA

  BOARD OF DI

  Total calculated

  $0

  Hours/week

  1

• JANET YANG

  BOARD OF DIR

  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

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

• GALA PORRAS-KIM

  $25,000

  2023 GOLD ART PRIZE

• WANGSHUI LLC

  $25,000

  2023 GOLD ART PRIZE

• DOKKAEBIER LLC

  $10,000

  FOUNDERS SCHOLARSHIP

• KOLA GOODIES

  $10,000

  FOUNDERS SCHOLARSHIP

• ANISE HEALTH INC

  $10,000

  2023 FUTURES PIONEER

Provenance

Return type

form_990

Tax year

2023

Filed

4 November 2024

IRS schema version

2023v5.0

Source object

202403139349303610

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