Form 990 for tax year 2024
Filed by MUSEUM OF CHINESE IN THE AMERICA.
Totals
- Total revenue
- $43,284,661
- Total expenses
- $5,360,895
- Contributions and grants received
- $43,242,563
- Grants paid
- $0
- Program service revenue
- $198,862
- Investment income
- $17,631
- Other revenue
- -$174,395
- Total assets, end of year
- $57,405,686
- Total liabilities, end of year
- $3,275,743
- Net assets or fund balances, end of year
- $54,129,943
- Program services expenses (Part IX)
- $3,334,928
- Management and general expenses
- $1,902,300
- Fundraising expenses
- $123,667
- Program service expenses (Part III)
- $3,334,928
Program services were 62.2% 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
$1,537,962
-
1e · Government grants (contributions)
$40,762,100
-
1f · All other contributions, gifts and grants
$942,501
-
1g · Noncash contributions included above
$180,000
-
2a · Program service revenue: PROGRAM FEES
total $183,792 · related or exempt $183,792
-
2b · Program service revenue: MEMBERSHIPS
total $10,400 · related or exempt $10,400
-
2f · All other program service revenue
total $4,670 · related or exempt $4,670
-
3 · Investment income
total $17,631 · excluded $17,631
-
6a · Gross rents
real property $210,019
-
6b · Less rental expenses
real property $237,030
-
6c · Rental income or loss
real property -$27,011
-
6d · Net rental income or loss
total -$27,011 · unrelated business -$27,011
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$1,537,962
-
8b · Fundraising events: direct expenses
$289,666
-
8c · Net income from fundraising events
total -$289,666 · excluded -$289,666
-
11a · Other revenue: MISCELLANEOUS INCOME
total $142,282 · unrelated business $142,282
-
11e · Other revenue, total
$142,282
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,847,825 · program services $1,538,476 · management and general $274,466 · fundraising $34,883
-
10 · Payroll taxes
total $150,757 · program services $87,439 · management and general $60,303 · fundraising $3,015
-
13 · Office expenses
total $154,393 · program services $105,714 · management and general $34,608 · fundraising $14,071
-
16 · Occupancy
total $756,532 · program services $621,231 · management and general $99,786 · fundraising $35,515
-
17 · Travel
total $19,106 · program services $14,893 · fundraising $4,213
-
20 · Interest
total $150,000 · management and general $150,000
-
22 · Depreciation, depletion and amortization
total $563,559 · program services $467,649 · management and general $63,940 · fundraising $31,970
-
24a · Other expenses: NON PERFORMING PLEDGES
total $1,075,000 · management and general $1,075,000
-
24b · Other expenses: CONTRACTUAL SERVICES
total $643,723 · program services $499,526 · management and general $144,197
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,101,295 · end of year $1,440,738
-
3 · Pledges and grants receivable
beginning of year $3,408,250 · end of year $1,717,711
-
9 · Prepaid expenses and deferred charges
beginning of year $38,639 · end of year $56,717
-
10a · Land, buildings and equipment: cost or other basis
$54,455,554
-
10b · Land, buildings and equipment: accumulated depreciation
$938,651
-
10c · Land, buildings and equipment, net
beginning of year $10,803,469 · end of year $53,516,903
-
12 · Investments: other securities
end of year $272,172
-
15 · Other assets
beginning of year $776,856 · end of year $401,445
-
17 · Accounts payable and accrued expenses
beginning of year $147,253 · end of year $264,593
-
19 · Deferred revenue
end of year $1,560
-
25 · Other liabilities
beginning of year $775,079 · end of year $3,009,590
-
27 · Net assets without donor restrictions
beginning of year $15,008,533 · end of year $53,885,790
-
28 · Net assets with donor restrictions
beginning of year $1,197,644 · end of year $244,153
Mission and programs · 2024
Mission
THE MUSEUM OF CHINESE IN AMERICA AIMS TO ENGAGE AUDIENCES IN AN ONGOING AND HISTORICAL DIALOGUE, IN WHICH PEOPLE OF ALL BACKGROUNDS ARE ABLE TO SEE AMERICAN HISTORY THROUGH A CRITICAL PERSPECTIVE, TO REFLECT ON THEIR OWN EXPERIENCES, AND TO MAKE MEANINGFUL CONNECTIONS BETWEEN: THE PAST AND THE PRESENT, THE GLOBAL AND THE LOCAL, THEMSELVES AND OTHERS.
-
TO PRESERVE AND INTERPRET THE HISTORY AND CULTURE OF CHINESE AND THEIR DESCENDANTS IN THE UNITED STATES. RESEARCH AND DISSEMINATE HISTORICAL AND CURRENT INFORMATION AND MATERIALS REGARDING THE COMMUNITY HERITAGE. INCLUDED IN ITS PROGRAMS IS THE DIGITAL MOCA PROJECT, A NATIONAL ONLINE DESTINATION FOR PEOPLE TO EXPLORE, CONNECT WITH AND LEARN ABOUT THE CULTURE AND EXPERIENCES OF THE CHINESE IN AMERICA FROM ANYWHERE IN THE WORLD. AT THE HEART OF THIS PURELY ONLINE EXPERIENCE WILL BE A REPOSITORY THAT WILL COLLECT, DOCUMENT AND PRESENT CHINESE AMERICAN STORIES FROM AROUND THE NATION, INCLUDING TEXT, IMAGES AND MULTIMEDIA--AND INCORPORATE THEM INTO MOCA'S COLLECTIONS. IT WILL CREATE A VIBRANT ONLINE COMMUNITY THAT ALSO REDEFINES THE NATURE AND CAPACITY OF A CULTURAL HISTORY MUSEUM AS A CENTER FOR PRESERVING HUMAN STORIES, NOT JUST OBJECTS.MOCA MAINTAINS A CURRENT EXHIBITS SCHEDULE WITH NEW EXHIBITS EACH YEAR AS WELL AS MAINTENANCE OF A PERMANENT EXHIBIT CALLED "WITH A SINGLE STEP." MOCA HOSTS PUBLIC PROGRAMS AND PERFORMANCES EACH YEAR INCLUDING MUSIC AND THEATER PERFORMANCES, AUTHOR TALKS, TEACHER EDUCATION, CHINESE AMERICAN HISTORY LECTURES, AND ASIAN AMERICAN ARTS DEVELOPMENT.
Expenses $3,334,928 · Revenue $198,862
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
RANDY YUEN
TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
ERIC T LEE
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
STEPHEN LIMPE
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
ROBERT CHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JAMES JIAN HU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JUNE JEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LUCY KAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
PATRICIA PEI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
TAO TAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
EMILY YUEH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL LEE
PRESIDENT
- Total calculated
- $268,314
- From this org
- $241,810
- From related orgs
- $0
- Other
- $26,504
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $241,810
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,504
- Filer's total
- $268,314
-
NINA CURLEY
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $240,000
- From this org
- $240,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $240,000
-
HERB TAM
CURATOR AND DIRECTOR OF EX
- Total calculated
- $110,359
- From this org
- $110,359
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
YUE MA
DIRECTOR OF COLLECTIONS AN
- Total calculated
- $101,182
- From this org
- $101,182
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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 · Form 990 of other organizations
- 3 · Written employment contract
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 June 2025
- IRS schema version
- 2024v5.2
- Source object
- 202532109349301428
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