Totals
- Total revenue
- $5,663,642
- Total expenses
- $3,248,477
- Contributions and grants received
- $3,390,092
- Grants paid
- $520,000
- Program service revenue
- $2,263,749
- Investment income
- $8,893
- Other revenue
- $908
- Total assets, end of year
- $4,181,546
- Total liabilities, end of year
- $26,483
- Net assets or fund balances, end of year
- $4,155,063
- Program services expenses (Part IX)
- $2,117,950
- Management and general expenses
- $718,453
- Fundraising expenses
- $412,074
- Program service expenses (Part III)
- $2,117,950
Program services were 65.2% 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.
-
1f · All other contributions, gifts and grants
$3,390,092
-
2a · Program service revenue: PROGRAM REVENUE - REPRESENT
total $2,263,749 · excluded $2,263,749
-
3 · Investment income
total $8,893 · related or exempt $8,893
-
11a · Other revenue: MERCHANDISE SALE
total $908 · related or exempt $908
-
11e · Other revenue, total
$908
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $520,000 · program services $520,000
-
5 · Compensation of officers, directors and key employees
total $572,291 · program services $44,289 · management and general $264,001 · fundraising $264,001
-
7 · Other salaries and wages
total $202,140 · program services $202,140
-
9 · Other employee benefits
total $33,619 · program services $8,777 · management and general $12,421 · fundraising $12,421
-
10 · Payroll taxes
total $53,886 · program services $19,626 · management and general $17,130 · fundraising $17,130
-
11b · Fees: legal
total $10,289 · program services $5,054 · management and general $5,235
-
11c · Fees: accounting
total $23,816 · program services $11,698 · management and general $12,118
-
11g · Fees: other
total $382,256 · program services $187,732 · management and general $194,524
-
12 · Advertising and promotion
total $162,639 · program services $10,720 · management and general $75,960 · fundraising $75,959
-
13 · Office expenses
total $1,881 · management and general $1,881
-
14 · Information technology
total $63,749 · program services $3,700 · management and general $60,049
-
17 · Travel
total $158,391 · program services $79,709 · management and general $39,341 · fundraising $39,341
-
19 · Conferences, conventions and meetings
total $992,236 · program services $989,718 · management and general $2,518
-
22 · Depreciation, depletion and amortization
total $7,934 · program services $7,934
-
23 · Insurance
total $17,426 · management and general $17,426
-
24a · Other expenses: CHARITABLE DONATIONS
total $500,250 · program services $500,250
-
24b · Other expenses: PRTNR ENGAGEMENT/STRATEGY
total $33,003 · program services $26,559 · management and general $3,222 · fundraising $3,222
-
24c · Other expenses: SCHOLARSHIPS
total $20,000 · program services $20,000
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $5,488 · program services $44 · management and general $5,444
-
24e · All other expenses
total -$512,817 · program services -$520,000 · management and general $7,183
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,777,371 · end of year $1,686,869
-
3 · Pledges and grants receivable
beginning of year $45,000
-
4 · Accounts receivable
end of year $751,400
-
10a · Land, buildings and equipment: cost or other basis
$41,487
-
10b · Land, buildings and equipment: accumulated depreciation
$22,108
-
10c · Land, buildings and equipment, net
beginning of year $16,658 · end of year $19,379
-
11 · Investments: publicly traded securities
end of year $1,723,898
-
17 · Accounts payable and accrued expenses
beginning of year $66,791 · end of year $26,483
-
27 · Net assets without donor restrictions
beginning of year $1,760,263 · end of year $4,155,063
-
28 · Net assets with donor restrictions
beginning of year $11,975
Mission and programs · 2022
Mission
GOLD HOUSE IS THE LEADING CULTURAL ECOSYSTEM THAT UNITES, INVESTS IN, AND CHAMPIONS ASIAN AND PACIFIC ISLANDER CREATIVE ARTISTS, ENTREPRENEURS, AND COMMUNITIES TO POWER TOMORROW FOR ALL. WE CULTIVATE AND PROMOTE ASIAN PACIFIC INTERESTS, HERITAGE, AND CULTURE BY POWERING ASIAN PACIFIC: STORIES TO ACCELERATE AUTHENTIC AND AFFIRMING REPRESENTATION IN MEDIA; ENTREPRENEURS TO EMPOWER ECONOMIC SUCCESS AND BREAK GLASS CEILINGS; RECOGNITION TO INSPIRE AND RESHAPE PUBLIC OPINION; AND UNITY TO STRENGTHEN COMMUNITY AND CULTURAL LEGACY.
-
WE OPERATE SEVERAL PROGRAMS ONLINE AND IN LOS ANGELES, NEW YORK CITY, AND SAN FRANCISO. BELOW ARE DESCRIPTIONS OF OUR PROGRAMS AND OPERATIONS. A100 & GOLD GALA - TO RESHAPE PUBLIC PERCEPTION AND ACCELERATE NARRATIVE CHANGE, EACH YEAR THE A100 RECOGNIZES THE GREATEST SOCIETAL CONTRIBUTIONS MADE BY ASIANS AND PACIFIC ISLANDERS THROUGH MAINSTREAM PRESS AND MEDIA. THE NOMINATION AND SELECTION PROCESS ENGAGES THE GENERAL PUBLIC, DOZENS OF ASIAN PACIFIC AMERICAN-SERVING NONPROFITS, AND DOZENS OF ICONIC DIVERSE LEADERS AND ALLIES. IN CELEBRATION OF ASIAN PACIFIC AMERICAN HERITAGE MONTH, GOLD HOUSE CONVENES THE A100 HONOREES AND HUNDREDS OF OTHER ASIAN PACIFIC LEADERS AT AN ANNUAL GALA EACH MAY IN LOS ANGELES - THE GOLD GALA - WHICH GENERATES UNMATCHED MAINSTREAM MEDIA RECOGNIZING THE ASIAN PACIFIC COMMUNITY'S CULTURE, HERITAGE, AND IMPACT ON SOCIETY. GOLD HOUSE FUTURES - TO INVEST IN AND PROPEL THE SUCCESS OF THE ASIAN PACIFIC COMMUNITY, GOLD HOUSE FUTURES HOSTS A SUITE OF PRESTIGIOUS ACCELERATING PROGRAMS AND RESOURCES FOR THE NEXT GENERATION OF ASIAN PACIFIC VISIONARIES. WE CONNECT THE MOST PROMISING ASIAN PACIFIC CREATIVES, ENTREPRENEURS, AND SOCIAL IMPACT LEADERS WITH LEADING ASIAN PACIFIC TALENT AND OFFER CAREER-MAKING RESOURCES AND OPPORTUNITIES WITH THE WORLD'S BIGGEST PLATFORMS. FOR EXAMPLE, WE FACILITATED 500,000 IN GRANTS TO 10 AAPI-SERVING NONPROFITS THROUGH A PUBLIC GRANTS CHALLENGE THAT GENERATED OVER 12,000 PUBLIC VOTES - THE GOLD FUTURES CHALLENGE - AND FACILITATED 3 FULLY-FUNDED SHORT FILMS WITH RISING ASIAN PACIFIC FILMMAKERS WITH NETFLIX THAT PREMIERED AT TRIBECA FESTIVAL. MEDIA REPRESENTATION - TO ENSURE THE FAIR, ACCURATE, AND INCLUSIVE REPRESENTATION OF ASIANS AND PACIFIC ISLANDERS IN CULTURE, GOLD HOUSE'S MEDIA REPRESENTATION WORK ACCELERATES THE AUTHENTICITY AND SUCCESS OF ASIAN PACIFIC-LED STORIES. FOR EXAMPLE, WE AMPLIFY SELECT FILMS THROUGH GOLDOPEN - A COMMUNITY-LED MOVEMENT THAT HAS ENGAGED HUNDREDS OF THOUSANDS NATIONWIDE AND AMPLIFIED DOZENS OF ASIAN PACIFIC-LED FILMS TO CRITICAL AND BOX OFFICE SUCCESS, CREATING FAR-REACHING ECONOMIC AND SOCIAL CHANGE IN THE MAINSTREAM ACCEPTANCE AND PERCEPTION OF ASIANS AND PACIFIC ISLANDERS. WE ALSO CONDUCT AND CO-AUTHOR FIRST-OF-ITS-KIND RESEARCH, SUCH AS THE LARGEST STUDY EVER ON MEDIA REPRESENTATION OF ASIAN PACIFIC WOMEN, ALONGSIDE NON- PROFIT SEEHER. FINALLY, WE PROVIDE CULTURAL RESOURCES AND SERVICES LIKE GOLD STORYBOOK - A PUBLIC GUIDE AND RESOURCE HUB FOR STORYTELLERS ON HOW TO CREATE AUTHENTIC ASIAN PACIFIC PORTRAYALS IN MEDIA.
Expenses $2,117,950 · Grants $520,000 · Revenue $2,263,749
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Spencer Hwa-Bing ChenSPENCER HWA-BING CHEN
PRESIDENT
- Total calculated
- $239,583
- From this org
- $239,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $189,583
- Bonus
- $50,000
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $239,583
-
Jeremy TranJEREMY TRAN
EXEC DIR/SEC
- Total calculated
- $239,583
- From this org
- $239,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $189,583
- Bonus
- $50,000
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $239,583
-
Ben ChuBEN CHU
TREASURER
- Total calculated
- $93,125
- From this org
- $93,125
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Prabal GurungPRABAL GURUNG
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Daniel Dae KimDANIEL DAE KIM
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Michelle LeeMICHELLE LEE
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Patrick LeePATRICK LEE
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Kevin Maxwell LinKEVIN MAXWELL LIN
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Kevin NishimuraKEVIN NISHIMURA
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Sanjay SharmaSANJAY SHARMA
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 3
-
Janet YangJANET YANG
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 3
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 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
-
$500,000
AAPI COMMUNITY GRANT
-
WILDWONDER BRANDS INC
$10,000
FOUNDERS SCHOLARSHIP
-
UMAMICART INC
$10,000
FOUNDERS SCHOLARSHIP
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349318020
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.