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Nonprofiteer
← CREATE IN CHINATOWN INC

Form 990 for tax year 2022

Filed by CREATE IN CHINATOWN INC.

Totals

Total revenue
$1,834,322
Total expenses
$469,786
Contributions and grants received
$1,795,519
Grants paid
$0
Program service revenue
$27,933
Investment income
$9,560
Other revenue
$1,310
Total assets, end of year
$2,114,087
Total liabilities, end of year
$255,375
Net assets or fund balances, end of year
$1,858,712
Program services expenses (Part IX)
$385,662
Management and general expenses
$72,220
Fundraising expenses
$11,904
Program service expenses (Part III)
$385,662

Program services were 82.1% 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)

    $235,249

  • 1f · All other contributions, gifts and grants

    $1,560,270

  • 1g · Noncash contributions included above

    $12,112

  • 2a · Program service revenue: PROGRAM FEES

    total $22,993 · related or exempt $22,993

  • 2b · Program service revenue: SALES INCOME

    total $4,940 · related or exempt $4,940

  • 3 · Investment income

    total $9,560 · excluded $9,560

  • 11a · Other revenue: OTHER INCOME

    total $1,310 · related or exempt $1,310

  • 11e · Other revenue, total

    $1,310

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 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 $74,200 · program services $55,650 · management and general $11,130 · fundraising $7,420

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $55,650 · program services $55,650

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $687 · program services $589 · management and general $59 · fundraising $39

  • 10 · Payroll taxes

    total $9,933 · program services $8,514 · management and general $851 · fundraising $568

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $2,500 · management and general $2,500

  • 11c · Fees: accounting

    total $22,000 · management and general $22,000

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $148,964 · program services $129,691 · management and general $17,479 · fundraising $1,794

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $44,117 · program services $37,408 · management and general $5,614 · fundraising $1,095

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $84,139 · program services $75,698 · management and general $8,441

  • 17 · Travel

    total $9,034 · program services $7,503 · management and general $1,531

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $10,054 · program services $8,078 · management and general $988 · fundraising $988

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $4,781 · program services $4,053 · management and general $728

  • 24a · Other expenses: FEES, DUES AND SUBSCRIPTIONS

    total $2,187 · program services $1,750 · management and general $437

  • 24b · Other expenses: MISCELLANEOUS

    total $1,540 · program services $1,078 · management and general $462

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $308,252 · end of year $52,799

  • 2 · Savings and temporary cash investments

    beginning of year $100,051 · end of year $1,334,611

  • 3 · Pledges and grants receivable

    beginning of year $96,372 · end of year $424,683

  • 4 · Accounts receivable

    beginning of year $675 · end of year $3,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,560 · end of year $3,242

  • 15 · Other assets

    end of year $294,852

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,241 · end of year $9,482

  • 25 · Other liabilities

    beginning of year $10,466 · end of year $245,893

  • 27 · Net assets without donor restrictions

    beginning of year $379,252 · end of year $727,962

  • 28 · Net assets with donor restrictions

    beginning of year $109,951 · end of year $1,130,750

Mission and programs · 2022

Mission

THINKCHINATOWNS MISSION IS TO FOSTER INTER-GENERATIONAL COMMUNITY THROUGH NEIGHBORHOOD ENGAGEMENT, STORYTELLING AND THE ARTS. TCS AIM IS TO OVERCOME BARRIERS OF COMMUNITY ORGANIZATION WHERE SOCIO-ECONOMIC FACTORS, LANGUAGE, AND CULTURAL BARRIERS CREATE CHALLENGES FOR IMMIGRANT COMMUNITIES AUTONOMY TO MAKE DECISIONS IN THEIR OWN NEIGHBORHOOD.

Activities or mission (Part I)

FOSTER INTER-GENERATIONAL COMMUNITY THROUGH NEIGHBORHOOD ENGAGEMENT, STORYTELLING AND THE ARTS BY LISTENING, RESPONDING AND BUILDING CHINATOWNS CAPABILITIES AS A STRONG AND VIBRANT IMMIGRANT NEIGHBORHOOD IN NYC

  • NEIGHBORHOOD ENGAGEMENT - TO AMPLIFY VOICES OF THE COMMUNITY AND ADVOCATE FOR EQUITY IN RESOURCES FOR CHINATOWN BY PROVIDING MULTILINGUAL WORKSHOPS AND VOLUNTEER-POWERED PROGRAMS FOR SMALL BUSINESSES AND ARTS GROUPS.

    Expenses $232,967 · Revenue $10,500

  • STORYTELLING AND THE ARTS - PRESENT THE GRASSROOTS ARTS OF CHINATOWN AND GIVE CONTEXT TO EMERGING ASIAN-AMERICAN ARTISTS THROUGH INNOVATIVE CULTURAL PRODUCTIONS, ART COMMISSIONS AND EXHIBITS VALUE INTERGENERATIONAL LEARNING AND HONOR HISTORIES THAT REPRESENT THE COMMUNITY THROUGH MULTIMEDIA ORAL HISTORY PROJECTS, CULTURAL CLASSES AND TALKS.

    Expenses $138,712 · Revenue $17,433

  • FISCALLY SPONSORED PROJECTS FOR CHINATOWN CORE BLOCK ASSOCIATION/MEET US IN CHINATOWN, PRECIOUS CARGO AKA JUST BETWEEN US, AND SISTERS IN SELF DEFENSE.

    Expenses $13,983

As filed on the 2022 return.

Listed in Part VII

  • HAI YIN KONG

    EXECUTIVE DIRECTOR / CO-FOUNDER

    Total calculated
    $78,333
    From this org
    $78,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • AMY CHIN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15
  • LILLIAN CHO

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • KATHLEEN WAH LEE

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • ROBERT LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • KERRI CULHANE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • OLYMPIA INGRISELLI-MOY

    DIRECTOR / CO-FOUNDER

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441349349308259

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