KOREAN CULTURE CENTER OF AUSTIN INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KOREAN CULTURE CENTER OF AUSTIN INC (EIN 46-2663855)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-02-25
- IRS object ID
- 202520569349200717
- Schema version
- 2024v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-25T10:58:00-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464015033 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAE JIN YANG CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6101 W COURTYARD DR STE 3-100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462663855 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOREAN CULTURE CENTER OF AUSTIN INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KORE | BusinessNameControlTxt |
| Phone | 5129176141 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11813 N LAMAR BLVD | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78753 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRED S SHIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5129176141 | PhoneNum |
| Signature | 2025-02-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAE JIN YANG CPA | PreparerPersonNm |
| PTIN | P01069540 | PTIN |
| Phone | 5123421055 | PhoneNum |
| Preparation | 2025-02-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | WWW.KCCAUSTIN.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $42,925 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $35,200 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $7,725 | ProgramServiceRevenueAmt |
| Total Revenue | $42,925 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $1,000 | GrantsAndSimilarAmountsPaidAmt |
| Occupancy Rent Utlts And Maint | $32,204 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $82 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $9,939 | OtherExpensesTotalAmt |
| Total Expenses | $43,225 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$300 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $425,339 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $425,039 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,559 | BOYAmt |
| EOY | $25,656 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,715 | BOYAmt |
| EOY | $462,165 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,274 | BOYAmt |
| EOY | $487,821 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,935 | BOYAmt |
| EOY | $62,782 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,339 | BOYAmt |
| EOY | $425,039 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | PROMOTING SOCIAL, CULTURAL, EDUCATIONAL AND FINANCIAL COOPERATION AND UNDERSTANDING WITHIN THE KOREAN-AMERICAN COMMUNITY AND WITH OTHER COMMUNITITES IN THE GREATER AUSTIN | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | PROVIDING A SPACE AND FORUM FOR REGULAR MEETINGS AND GATHERINGS WHERE KOREAN-AMERICAN INDIVIDUALS AND ORGANIZATION IN THE GREATER AUSTIN COMMUNITY AND OTHER INTERESTED INDIVIDUALS CAN VOICE CONCERNS AND IDEAS, ESTABLISH GOALS, AND PLAN TO MEET THOSE GOALS. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $1,000 | GrantsAndAllocationsAmt |
| Program Service Expenses | $37,600 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $37,600 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| FRED S SHIN | ||
| PRESIDENT | 10.00 | $0 |
| CHUN JA KANG | ||
| SECRETARY | 30.00 | $0 |
| JAE JIN YANG | ||
| DIRECTOR | 2.00 | $0 |
| YOUNG KYOON SHIN | ||
| DIRECTOR | 6.00 | $0 |
| GRACE LEE | ||
| DIRECTOR | 2.00 | $0 |
| SANG JIN LEE | ||
| DIRECTOR | 2.00 | $0 |
| JEONGSUK PARK | ||
| DIRECTOR | 3.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | Yes (true) | MadeLoansToFromOfficersInd |
| Loans To From Officers | $62,782 | LoansToFromOfficersAmt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHUN JA KANG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15526 CADOZ DR | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78728 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5125895057 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,518 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,200 | CurrentTaxYearAmt |
| Total | $99,558 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,780 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,510 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,060 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,700 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,725 | CurrentTaxYearAmt |
| Total | $51,775 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,120 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,060 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,218 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,925 | CurrentTaxYearAmt |
| Total | $151,333 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $151,333 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1 | CurrentTaxYearMinus4YearsAmt |
| Total | $1 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1 | CurrentTaxYearMinus4YearsAmt |
| Total | $1 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,121 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,060 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,218 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,925 | CurrentTaxYearAmt |
| Total | $151,334 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRED S SHIN | PersonNm |
| Relationship With Org | DIRECTOR | RelationshipWithOrgTxt |
| Loan Purpose | BUILDING | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $103,411 | OriginalPrincipalAmt |
| Balance Due | $62,782 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $62,782 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING AND PROMOTION 130 CONFERENCES/MEETINGS 3,445 INTEREST 2,415 INSURANCE 3,949 TOTAL 9,939 |
| FORM 990-EZ, PART II, LINE 26 | LOANS FROM OFFICERS 67,935 62,782 |
| FORM 990-EZ, PART III | PROMOTING SOCIAL, CULTURAL, EDUCATIONAL AND FINANCIAL COOPERATION AND UNDERSTANDING WITHIN THE KOREAN-AMERICAN COMMUNITY AND WITH OTHER COMMUNITITES IN THE GREATER AUSTIN |
| FORM 990-EZ, PART III, LINE 28 | PROVIDING A SPACE AND FORUM FOR REGULAR MEETINGS AND GATHERINGS WHERE KOREAN-AMERICAN INDIVIDUALS AND ORGANIZATION IN THE GREATER AUSTIN COMMUNITY AND OTHER INTERESTED INDIVIDUALS CAN VOICE CONCERNS AND IDEAS, ESTABLISH GOALS, AND PLAN TO MEET THOSE GOALS. |
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