Kori Art
Nonprofit profile at a glance
- EIN
- 873268824
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2025
- Location
- Grand Forks, ND, USA
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $68,217
- Expenses
- $68,217
- Assets
- $120,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Hamzat Koriko (Chief Executive Director)
People named in this filing
- Hamzat Koriko (Chief Executive Director)
- Kristine Serobyan (Operations Manager)
- Abdul Mansoor (Financial Advisor)
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
Kori Art localizes global arts by organizing festivals training and cultural events to enhance community integration and honor diverse stories. We cultivate a dynamic creative community where New Americans and local international artists exchange experiences fostering cross-cultural connections and mutual understanding. Our main programs GatinGo and Festory promote storytelling and immigration narratives providing inclusive spaces for global voices to unite communities to connect and intercultural dialogue to flourish.
What it reported doing in 2025
Grant supports Kori Arts work in advancing creative community-centered arts programming that fosters connection and wellness across the region.During Welcoming Week September 1322 2025 Kori Art will once again demonstrate why it is a driving force for cultural innovation and community integration in Grand Forks and throughout North Dakota. In partnership with the internationally acclaimed ensemble Titambe Kori Art is transforming what was once a routine civic observance into a dynamic high-caliber cultural celebration. Historically Welcoming Week featured primarily speeches from city officials. Under Kori Arts leadership the event now showcases world-class artistic performanceelevating the experience and redefining what community celebration can look like in our region.The main public performance offered free of charge reflects Kori Arts unwavering commitment to accessibility inclusion and artistic excellence. By bringing professional globally respected artists to North Dakota Kori Art ensures that our community has access to cultural experiences typically reserved for major metropolitan centers.Titambes three-day residency in Grand Forks further demonstrates Kori Arts deep investment in sustainable cultural development. In collaboration with Red River High School and the University of North Dakotas Art Department Kori Art will facilitate workshops centered on the theme Art for Community Integration. These sessions are not simply performancesthey are meaningful educational exchanges that empower students strengthen local institutions and build long-term bridges between cultures.Through strategic partnerships with local arts organizations and educational institutions Kori Art is cultivating a statewide model for how the arts can drive belonging cross-cultural understanding and civic pride. The residency will culminate in a powerful public performance during Welcoming Weekan inspiring testament to North Dakotas growing role as a leader in cultural collaboration and inclusive community building.Kori Art is not just hosting an event; it is shaping the cultural future of Grand Forks and setting a bold example for the entire state.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 100
- Sustainability: 45
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.6%; rating input score 18
- Program expense ratio: 17.6%; rating input score 18
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: 0%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 17.6% of revenue deployed · 17.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.