Us-korea Arts Foundation is a 501(c)(3) organization based in Springfield, Virginia, registered in 2009, with $125,641 in FY2015 revenue. CharityIndex grades it C.
Revenue (FY2015)
$126K
▼ 20.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2015)
$133K
Net assets
$5,976
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Us-korea Arts Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Us-korea Arts Foundation: 1 mo reserves · -6% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Us-korea Arts Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Us-korea Arts Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $188K (FY2013) to $126K (FY2015) across 3 reported years.
Financial snapshot
Operating margin
-6.0%
Spent more than it raised in the latest fiscal year.
Total assets
$5,976
Net assets
$5,976
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2015 | $125,641▼20.3% | $133,143▼12.2% | $5,976▼55.7% | $5,976▼84.0% | 990EZ |
| 2014 | $157,628▼15.9% | $151,596▼24.0% | $13,478▲81.0% | $37,458▲19.2% | 990EZ |
| 2013 | $187,511 | $199,516 | $7,446 | $31,426 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Us-korea Arts Foundation (EIN 26-4472874) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.