SYLVIA WALD AND PO KIM ART GALLERY: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SYLVIA WALD AND PO KIM ART GALLERY (EIN 03-0562344)
- Tax period
- 2019-04-01 to 2020-03-31
- Filed
- 2021-02-12
- IRS object ID
- 202110439349100511
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-12T11:14:00-06:00 | ReturnTs |
| Tax Period End | 2020-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133628255 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONDON O'MEARA MCGINTY & DONNELLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030562344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SYLVIA WALD AND PO KIM ART GALLERY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SYLV | BusinessNameControlTxt |
| Phone | 2125981155 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 LAFAYETTE STREET 4TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HYONG T CHO | PersonNm |
| Person Title | PRESIDENT & TREASURER | PersonTitleTxt |
| Phone | 2125981155 | PhoneNum |
| Signature | 2021-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES J REILLY | PreparerPersonNm |
| PTIN | P00183769 | PTIN |
| Phone | 2126617777 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $25,091,958 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $151,386 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $625 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $625 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $625 | InterestOnSavingsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $315,919 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $315,919 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $315,919 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $315,919 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $10,029 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $477,959 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $316,544 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $316,544 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $97,167 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $97,167 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $8,085 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $8,085 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,759 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,759 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $1,759 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,350 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,350 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,350 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $28,800 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,800 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $28,800 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $33,688 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $33,688 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $57,174 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $41,987 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $41,987 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $13,996 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $426,518 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $319,888 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $319,888 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $83,610 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $62,707 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $62,707 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $20,902 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $15,158 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $15,158 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $295,961 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $61,302 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $61,302 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $234,639 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,056,620 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $520,793 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $520,793 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $427,985 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,056,620 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $520,793 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $520,793 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $427,985 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$578,661 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $124,851 | CashBOYAmt |
| Cash EOY | $274,547 | CashEOYAmt |
| Cash EOYFMV | $274,547 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $168,134 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,123 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,123 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $24,317,689 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,680,986 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $22,138,064 | LandBOYAmt |
| Land EOY | $22,636,703 | LandEOYAmt |
| Land EOYFMV | $22,636,703 | LandEOYFMVAmt |
| Other Assets BOY | $2,172,585 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,172,585 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,172,585 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $24,603,634 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,091,958 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,091,958 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $56,050 | AccountsPayableBOYAmt |
| Accounts Payable EOY | -$4,327 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $34,861 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,162,223 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $90,911 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,157,896 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $24,512,723 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,934,062 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,512,723 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,934,062 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,603,634 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,091,958 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,512,723 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$578,661 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,934,062 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,934,062 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $257,094 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $397,449 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.646860 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $421,080 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $509,408 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.826607 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $408,608 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $382,189 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.069125 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $149,512 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $56,963 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 2.624721 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $77,243 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $26,607 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 2.903108 | DistributionYr5Rt |
| Total Distribution | 8.070421 | TotalDistributionRt |
| Average Distribution | 1.614084 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $189,196 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $305,378 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $305,378 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $659,274 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $2,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,000 | OverpaymentAmt |
| Applied To ES Tax | $2,000 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WALDANDKIMGALLERY.ORG | WebsiteAddressTxt |
| Individual With Books | BONNIE BOYDTHE GALLERY | IndividualWithBooksNm |
| Phone | 2125981155 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 LAFAYETTE STREET 4TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| HYONG T CHO | ||||||||
| 417 LAFAYETTE STREET 4TH FLOOR | NEW YORK | NY | 10003 | PRESIDENT & TREASURER | 20.00 | $0 | $0 | $0 |
| SUNG CHUL WHANG | ||||||||
| 417 LAFAYETTE STREET 4TH FLOOR | NEW YORK | NY | 10003 | SECRETARY | 2.00 | $0 | $0 | $0 |
| THOMAS HUBBARD | ||||||||
| 417 LAFAYETTE STREET 4TH FLOOR | NEW YORK | NY | 10003 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ODELETTE CHO | ||||||||
| 417 LAFAYETTE STREET 4TH FLOOR | NEW YORK | NY | 10003 | TRUSTEE & ART DIRECTOR | 20.00 | $0 | $0 | $0 |
| DONG JIN OH | ||||||||
| 417 LAFAYETTE STREET 4TH FLOOR | NEW YORK | NY | 10003 | TRUSTEE | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHARON THURMOND | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 417 LAFAYETTE STREET 4TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | ASSISTANT DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $67,179 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BELLET CONSTUCTION CO INC | |||||
| 425 EAST 61ST STREET | NEW YORK | NY | 10065 | CONSTRUCTION | $213,288 |
| COZEN O'CONNOR | |||||
| 45 BROADWAY 16TH FLOOR | NEW YORK | NY | 10006 | LEGAL SERVICES | $117,161 |
| PRYOR CASHMAN LLP | |||||
| 7 TIMES SQUARE | NEW YORK | NY | 10036 | LEGAL SERVICES | $100,000 |
| CERINA GENERAL CONTRACTING INC | |||||
| 41-08 BERIAN BLVD | ASTORIA | NY | 11105 | GENERAL CONTRACTORS | $79,513 |
| EPSTEIN ENGINEERING PC | |||||
| 1441 BROADWAY SUITE 5020 | NEW YORK | NY | 10017 | ENGINEERING SERVICES | $75,085 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PRESERVE, MAINTAIN & PERPETUATE THE LEGACY OF THE FOUNDERS'UNIQUELY ACCOMPLISHED ARTISTIC CAREERS & EXHIBIT THEFOUNDERS' ART WORKS TO PROMOTE & WIDEN PUBLIC APPRECIATION. | Description1Txt |
| Expenses1 | $427,985 | Expenses1Amt |
| Description2 | AND TO PROMOTE CULTURAL HARMONY BETWEEN EASTERN AND WESTERN CULTURES THROUGH THE ARTS BY SPONSORING AND HOSTING ART EXHIBITIONS, PERFORMANCES, EDUCATIONAL AND ARTISTIC EVENTS | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
| Description3 | FEATURING NATIONAL AND INTERNATIONAL ARTISTS. | Description3Txt |
| Expenses3 | $0 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $192,077 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $192,077 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $192,077 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,881 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $189,196 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,460 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $427,985 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $231,289 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $659,274 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $659,274 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2005-06-30 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $19,872 | Year1Amt |
| Year2 | $25,470 | Year2Amt |
| Year3 | $19,109 | Year3Amt |
| Total | $64,451 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $16,891 | Year1Amt |
| Year2 | $21,650 | Year2Amt |
| Year3 | $16,243 | Year3Amt |
| Total | $54,783 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $659,274 | CurrentYearAmt |
| Year1 | $257,094 | Year1Amt |
| Year2 | $421,080 | Year2Amt |
| Year3 | $408,608 | Year3Amt |
| Total | $1,746,056 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $659,274 | CurrentYearAmt |
| Year1 | $257,094 | Year1Amt |
| Year2 | $421,080 | Year2Amt |
| Year3 | $408,608 | Year3Amt |
| Total | $1,746,056 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,307 | CurrentYearAmt |
| Year1 | $13,248 | Year1Amt |
| Year2 | $16,980 | Year2Amt |
| Year3 | $12,739 | Year3Amt |
| Total | $49,274 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $625 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $315,919 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IRS TAX REFUND | Desc |
| Related Or Exempt Function Incm | $10,029 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $316,544 | ExclusionAmt |
| Related Or Exempt Function Incm | $10,029 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $326,573 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11A | LineNumberTxt |
| Relationship Statement | IRS TAX REFUND | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONGHWA CULTURAL FOUNDATION INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 BOOTH AVE | AddressLine1Txt |
| City | ENGLEWOOD CLIFFS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07632 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $151,386 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONDON O'MEARA MCGINTY & DONNELLY LLP - | $3,500 | $1,750 | $1,750 | $1,750 |
| TAX PREPARTION | $0 | $0 | $0 | $0 |
| BONNIE BOYD- BOOKKEEPING SERVICES | $5,200 | $2,600 | $2,600 | $2,600 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | COZEN O'CONNOR LLP | CategoryTxt |
| Legal Fees | $1,759 | LegalFeesAmt |
| Net Investment Income | $1,759 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,759 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ART WORKS, AT APPRAISED VALUE AT DATE OF RECEIPT | $2,169,600 | $2,169,600 | $2,169,600 |
| SECURITY DEPOSITS | $2,985 | $2,985 | $2,985 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | $24,539 | $24,539 | $24,539 | $0 |
| ART EXHIBITIONS | $131,493 | $0 | $0 | $131,493 |
| INSURANCE | $29,156 | $24,781 | $24,781 | $4,375 |
| CLEANING | $12,137 | $9,103 | $9,103 | $3,034 |
| OFFICE SUPPLIES | $9,338 | $0 | $0 | $9,338 |
| PUBLICITY AND PROMOTION | $7,051 | $0 | $0 | $7,031 |
| TELEPHONE & INTERNET | $4,023 | $0 | $0 | $4,023 |
| BUSINESS MEALS | $2,920 | $0 | $0 | $2,920 |
| ART PROGRAMS | $7,557 | $0 | $0 | $7,557 |
| OTHER GALLERY SERVICES | $5,880 | $0 | $0 | $5,880 |
| BIRD CARE | $5,655 | $0 | $0 | $5,655 |
| SUNDRY | $901 | $901 | $901 | $0 |
| ARTWORK, FRAME & DISPLAY EXP. | $5,298 | $0 | $0 | $5,298 |
| BANK FEES | $1,096 | $0 | $0 | $1,096 |
| POSTAGE & SHIPPING | $693 | $0 | $0 | $693 |
| SECURITY | $663 | $497 | $497 | $166 |
| MISC. EXPENSE | $1,975 | $1,481 | $1,481 | $494 |
| STORAGE FEES | $45,586 | $0 | $0 | $45,586 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IRS TAX REFUND | Desc |
| Revenue And Expenses Per Books | $10,029 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSITS | $34,861 | $167,040 |
| NMB LOAN | $0 | $995,183 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MACKEDGE MANAGEMENT LLC | CategoryTxt |
| Amt | $28,800 | Amt |
| Net Investment Income | $28,800 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $28,800 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| REAL ESTATE TAXES | $55,983 | $41,987 | $41,987 | $13,996 |
| FEDERAL EXCISE TAX | $1,191 | $0 | $0 | $0 |
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