Korean Cultural Society of Boston Inc
Nonprofit profile at a glance
- EIN
- 455597792
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2022, Form 990-EZ 2025, Form 990-N 2021
- Location
- Boston, MA, USA
- Phone
- 7813675993
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $71,688
- Expenses
- $90,953
- Assets
- $52,293
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Byung Kim (President)
People named in this filing
- Byung Kim (President)
- SOO-HEE PARK (TREASURER)
- YOO-KYUNG KIM (SECRETARYCLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support professional korean-american art
What it reported doing in 2025
Lunar New Year (MFA/Pao Art) on 01/30/25Korean Heritage Symposium on 03/20/25Geomungo (Brown Hall) on 05/04/2512th Annual Exhibition on 11/08/25OTHER VARIOUS PROGRAMS
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.1%; rating input score 69
- Program expense ratio: 53.6%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -26.9%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -31.8% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -15.5% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -37.3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 69.1% of revenue deployed · 53.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.