Form 990 for tax year 2022
Filed by LANG LANG INTERNATIONAL MUSIC FOUNDATION INC.
Totals
- Total revenue
- $2,077,283
- Total expenses
- $1,485,264
- Contributions and grants received
- $2,124,268
- Grants paid
- $280,700
- Program service revenue
- $0
- Investment income
- $118,836
- Other revenue
- -$165,821
- Total assets, end of year
- $4,781,159
- Total liabilities, end of year
- $118,341
- Net assets or fund balances, end of year
- $4,662,818
- Program services expenses (Part IX)
- $1,045,603
- Management and general expenses
- $120,506
- Fundraising expenses
- $319,155
- Program service expenses (Part III)
- $1,045,603
Program services were 70.4% 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
$1,233,200
-
1f · All other contributions, gifts and grants
$891,068
-
1g · Noncash contributions included above
$38,360
-
3 · Investment income
total $119,714 · excluded $119,714
-
6a · Gross rents
real property $9,769
-
6b · Less rental expenses
real property $9,769
-
6c · Rental income or loss
real property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $125,000
-
7b · Less cost or other basis and sales expenses
securities $125,878
-
7c · Gain or loss
securities -$878
-
7d · Net gain or loss
total -$878 · excluded -$878
-
8a · Fundraising events: gross income
$53,900
-
8a · Fundraising events: contributions included on line 1c
$1,233,200
-
8b · Fundraising events: direct expenses
$219,721
-
8c · Net income from fundraising events
total -$165,821 · excluded -$165,821
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $205,132 · program services $205,132
-
2 · Grants to domestic individuals
total $50,110 · program services $50,110
-
3 · Grants to foreign organizations and individuals
total $25,458 · program services $25,458
-
5 · Compensation of officers, directors and key employees
total $336,944 · program services $182,555 · management and general $47,071 · fundraising $107,318
-
7 · Other salaries and wages
total $150,351 · program services $144,766 · management and general $3,402 · fundraising $2,183
-
8 · Pension plan contributions
total $7,184 · program services $5,104 · management and general $705 · fundraising $1,375
-
9 · Other employee benefits
total $22,589 · program services $16,049 · management and general $2,217 · fundraising $4,323
-
10 · Payroll taxes
total $40,253 · program services $29,040 · management and general $3,650 · fundraising $7,563
-
11c · Fees: accounting
total $94,000 · program services $43,200 · management and general $45,400 · fundraising $5,400
-
11f · Fees: investment management
total $14,013 · program services $10,510 · management and general $1,401 · fundraising $2,102
-
11g · Fees: other
total $256,244 · program services $168,537 · management and general $7,509 · fundraising $80,198
-
12 · Advertising and promotion
total $23,447 · program services $23,447
-
13 · Office expenses
total $44,817 · program services $26,173 · management and general $3,404 · fundraising $15,240
-
14 · Information technology
total $23,084 · program services $18,467 · management and general $1,385 · fundraising $3,232
-
16 · Occupancy
total $37,001 · program services $29,138 · management and general $2,868 · fundraising $4,995
-
17 · Travel
total $141,977 · program services $59,102 · fundraising $82,875
-
22 · Depreciation, depletion and amortization
total $906 · management and general $906
-
24a · Other expenses: LICENSE FEES
total $11,754 · program services $8,815 · management and general $588 · fundraising $2,351
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $378,094 · end of year $1,169,081
-
2 · Savings and temporary cash investments
beginning of year $1,030,766 · end of year $740,943
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $75,000
-
9 · Prepaid expenses and deferred charges
beginning of year $54,321 · end of year $11,626
-
10a · Land, buildings and equipment: cost or other basis
$11,867
-
10b · Land, buildings and equipment: accumulated depreciation
$10,885
-
10c · Land, buildings and equipment, net
beginning of year $1,888 · end of year $982
-
11 · Investments: publicly traded securities
beginning of year $2,532,685 · end of year $2,286,980
-
12 · Investments: other securities
beginning of year $414,659 · end of year $438,243
-
15 · Other assets
beginning of year $19,800 · end of year $58,304
-
17 · Accounts payable and accrued expenses
beginning of year $50,038 · end of year $79,398
-
21 · Escrow or custodial account liability
beginning of year $6,387
-
25 · Other liabilities
beginning of year $0 · end of year $38,943
-
27 · Net assets without donor restrictions
beginning of year $4,250,788 · end of year $4,572,818
-
28 · Net assets with donor restrictions
beginning of year $125,000 · end of year $90,000
Mission and programs · 2022
Mission
TO SUPPORT, PROMOTE, DEVELOP AND TEACH MUSIC TECHNIQUES THAT FURTHER CHILD DEVELOPMENT, MUSIC APPRECIATION, CULTURAL AWARENESS AND COMMUNITY AND GLOBAL UNITY; AND FUNDRAISING FOR HUMANITARIAN AID.
Activities or mission (Part I)
THE FOUNDATION INSPIRES AND MOTIVATES THE NEXT GENERATION OF MUSIC LOVERS AND PERFORMERS BY ENCOURAGING MUSIC PERFORMANCE AT ALL LEVELS AS A MEANS OF SOCIAL DEVELOPMENT FOR YOUTH; BUILDING SELF-CONFIDENCE AND A DRIVE FOR EXCELLENCE. THE FOUNDATION BELIEVES THAT MUSIC IS THE UNIVERSAL LANGUAGE THAT CAN OPEN OPPORTUNITIES FOR COMMUNICATION, UNDERSTANDING, AND ACCEPTANCE. BY IGNITING A PASSION FOR MUSIC IN YOUTH, THE FOUNDATION HOPES TO BRIDGE CULTURAL GAPS AND HELP UNITE LOCAL AND GLOBAL COMMUNITIES THROUGH CULTURAL EXCHANGE OPPORTUNITIES THROUGH MUSIC.
-
KEYS OF INSPIRATION (KOI): KEYS OF INSPIRATION IS AN INNOVATIVE MUSIC EDUCATION PROGRAM THAT ENCOURAGES PIANO PERFORMANCE AT ALL LEVELS AS A MEANS OF SOCIAL AND EMOTIONAL DEVELOPMENT FOR YOUTH BY PROVIDING STUDENTS WITH A SAFE CREATIVE OUTLET IN PUBLIC SCHOOLS. THE PROGRAM HAS ESTABLISHED A REPLICABLE PATHWAY INTO THE WORLD OF MUSIC, AND SERVES AS A MODEL FOR MUSIC EDUCATION BEST PRACTICES FOR PUBLIC SCHOOLS ACROSS THE COUNTRY. THE FOUNDATION PARTNERS WITH SCHOOL DISTRICTS ACROSS THE COUNTRY TO IMPLEMENT THE PROGRAM IN TITLE-1 ELEMENTARY SCHOOLS. DESIGNED TO REDEFINE WHAT MUSIC EDUCATION LOOKS LIKE IN AMERICAN PUBLIC SCHOOLS AND INSPIRE CHANGE FROM WITHIN, KOI WEAVES RIGOROUS, KEYBOARD-CENTRIC, MUSICAL INSTRUCTION INTO SELECTED TITLE 1 PUBLIC SCHOOLS' MANDATORY CURRICULUM INTEGRATING GROUP PIANO CLASSES FOR GRADES 2-5, TWICE A WEEK. IN THE KOI PIANO LAB, STUDENTS BUILD SELF-CONFIDENCE, DEVELOP A DRIVE FOR EXCELLENCE, AND CULTIVATE A SENSE OF GROUP AND INDIVIDUAL ACHIEVEMENT. THE KEYS OF INSPIRATION CURRICULUM IS DESIGNED TO INTEGRATE PIANO INTO A SCHOOL'S EXISTING GENERAL MUSIC CURRICULUM, ENHANCING THEIR MUSIC PROGRAM AND PROVIDING STUDENTS WITH A MORE HANDS-ON MUSIC EDUCATION. THE FOUNDATION IS DEDICATED TO CULTIVATING A NATIONAL MUSICAL NETWORK, SPANNING SCHOOL SYSTEMS AND CONNECTING DISTRICT LEADERS, ADMINISTRATORS, TEACHERS, AND STUDENTS.SELECTED SCHOOLS RECEIVE THE FOLLOWING:- CLASSROOM SET (20-30) NEW STATE OF THE ART ROLAND DIGITAL PIANOS AND BENCHES SHIPPED DIRECTLY TO SCHOOLS- RESOURCES AND SUPPORT GUIDES FOR SETTING UP GROUP PIANO CLASSROOMS- YEARLY MAINTENANCE AND BUDGET GUIDES TO HELP PLAN FOR LONG-TERM SUCCESS- MUSIC CURRICULUM DEVELOPED IN COLLABORATION WITH THE ROYAL CONSERVATORY OF MUSIC- SUPPLEMENTAL TRAINING AND ONGOING SUPPORT/PROFESSIONAL DEVELOPMENT FOR MUSIC TEACHERS
Expenses $623,374 · Grants $280,700
-
YOUNG SCHOLARS: THE YOUNG SCHOLARS PROGRAM IS A UNIQUE MUSIC EDUCATION INITIATIVE DESIGNED TO IDENTIFY AND SUPPORT EXTRAORDINARILY TALENTED YOUNG PIANISTS IN THEIR PROFESSIONAL AND SOCIAL DEVELOPMENT. EVERY TWO YEARS, THE FOUNDATION WELCOMES A NEW CLASS OF YOUNG SCHOLARS TO THE LLIMF FAMILY. IN PLACE SINCE 2008, THE YOUNG SCHOLARS PROGRAM IS THE LONGEST RUNNING INITIATIVE OF THE FOUNDATION. STUDENTS ARE SELECTED BY LANG LANG AND GARY GRAFFMAN TO RECEIVE FINANCIAL SUPPORT, EXCITING PERFORMANCE OPPORTUNITIES, MASTERCLASSES WITH WORLD-RENOWNED TEACHERS, AND MENTORSHIP.
Expenses $240,213
-
UNIQUE MUSIC EVENTS:UNIQUE MUSIC EVENT PROGRAM IS A PART OF OUR FOUNDATION PROGRAM, WHERE WE PROVIDE YOUNG PIANISTS THE CHANCE TO PERFORM AND EXPLORE. WE INVITE YOUNG PIANISTS TO ATTEND AND GET THE CHANCE TO PARTICIPATE IN FUN AND ENGAGING MUSIC PERFORMANCE OPPORTUNITIES. SUCH AS PERFORMING ALONGSIDE WITH LANG LANG ON SPECIAL EVENTS AND RECORDING SESSIONS. OUR FOUNDATION HAS PARTNERSHIPS WITH MANY OTHER ORGANIZATIONS, WHICH ALLOW US TO ORGANIZE UNIQUE PERFORMANCE OPPORTUNITIES. DURING THESE EVENTS, OUR YOUNG SCHOLARS AND/OR PARTICIPANTS WILL GET THE CHANCE TO PERFORM IN FRONT OF MANY DIFFERENT AUDIENCE GROUPS. THIS PROGRAM ALLOWS OUR YOUNG SCHOLARS AND PARTICIPANTS TO LEARN AND ADOPT TO DIFFERENT PERFORMANCE NEEDS AND GROW AS A PERFORMER. SOME OF THE EVENTS WE HAVE DONE IN THE PAST ARE: ANDERMATT SWISS ALPS CLASSICS EVENT WITH LANG LANG, NYC LUNAR NEW YEAR-STUDENT'S DAY AT LINCOLN CENTER, HANGZHOU HIGH 5 EVENT AT NYC GRAND CENTRAL STATION, AND MANY MORE.
Expenses $129,995
-
101 PIANISTS: THE 101 PIANISTS PERFORMANCES AIM TO INSPIRE THE NEXT GENERATION OF MUSIC LOVERS AND PERFORMERS BY ENGAGING 100 YOUNG PIANISTS IN A UNIQUE SOCIAL MUSICAL EVENT WITH LANG LANG. IN 2009, LANG LANG BROUGHT 100 PIANISTS TOGETHER FOR A UNIQUE PERFORMANCE THAT PRODUCED SOMETHING GREATER THAN ANY SINGLE PERFORMER COULD CREATE ALONE. TO DATE THIS PROGRAM HAS INSPIRED OVER 100,000 AUDIENCE MEMBERS AND PIANO STUDENTS INTERNATIONALLY.THE EVENT IS A CELEBRATION OF THE BEAUTY AND SOCIAL NATURE OF THE PIANO, AND WE RECREATE THIS MAGIC IN SOME OF THE MOST PRESTIGIOUS INTERNATIONAL VENUES IN CITIES LIKE PARIS, BERLIN, LONDON, HONG KONG, AND ROME.THESE EVENTS HAVE BEEN DESCRIBED BY THE MEDIA AND HOST INSTITUTIONS AS "EXTRAVAGANZAS!" THIS EDUCATIONAL WORKSHOP AND PERFORMANCE PROVIDES A UNIQUE COMMUNITY CENTERED SHOW FOR MUSIC LOVERS OF ALL AGES.
Expenses $52,021
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lang LangLANG LANG
FOUNDER & PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Christopher BurchCHRISTOPHER BURCH
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
David M HryckDAVID M HRYCK
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Christy CresseyCHRISTY CRESSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony C Hayes EsqANTHONY C HAYES ESQ
DIRECTOR (THRU JUNE 2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
David W HsiehDAVID W HSIEH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jonathan Lam PoonJONATHAN LAM POON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Amy Mei Yin Lam PoonAMY MEI YIN LAM POON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joseph T RalloJOSEPH T RALLO
DIRECTOR (AS OF JUNE 2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth SegerstromELIZABETH SEGERSTROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joan WeillJOAN WEILL
DIRECTOR (THRU JUNE 2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Sanford WeillSANFORD WEILL
DIRECTOR & CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Kyle WoolKYLE WOOL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Leszek BarwinskiLESZEK BARWINSKI
CEO/SECRETARY/TREASURER
- Total calculated
- $336,944
- From this org
- $270,041
- From related orgs
- $0
- Other
- $66,903
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $266,477
- Bonus
- $0
- Other
- $3,564
- Deferred
- $16,577
- Nontaxable benefits
- $50,326
- Filer's total
- $336,944
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 · 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
-
ELIOT STREET ELEMENTARY SCHOOL
$21,742
KEYS OF INSPIRATION
-
GUILFORD ELEMENTARY SCHOOL
$21,092
KEYS OF INSPIRATION
-
NORTHEAST COMMUNITY PROPEL ACADEMY
$21,092
KEYS OF INSPIRATION
-
NORTH CHARLESTON ELEMENTARY SCHOOL
$20,623
KEYS OF INSPIRATION
-
ST JAMES ELEMENTARY SCHOOL
$20,623
KEYS OF INSPIRATION
-
REEDY FORK ELEMENTARY SCHOOL
$18,989
KEYS OF INSPIRATION
-
CAMDEN STREET ELEMENTARY SCHOOL
$18,752
KEYS OF INSPIRATION
-
SOLIS-COHEN SCHOOL
$17,587
KEYS OF INSPIRATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343129349302904
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