2011-11-10T12:38:31-06:00 2010-12-31 A UZZO & COMPANY CPA'S PC 287 BOWMAN AVENUE PURCHASE NY 10577 990 2010-01-01 132928554 NEW YORK CHINESE CULTURAL CENTER INC NEWY 2123343764 390 BROADWAY NO 2ND FL NEW YORK NY 10013 CATHY HUNG 2123343764 2011-11-07 1 RAYMOND M MAGI CPA 9146948800 2011-11-07 2010 2016-03-07 17:11:31Z CATHY HUNG 390 BROADWAY NO 2ND FL NEW YORK NY 10013 723949 0 X WWW.CHINESEDANCE.ORG X 1973 NY PERFORMING ARTS AND EDUCATIONAL ORGANIZATION THAT PROMOTES THE UNDERSTANDING AND APPRECIATION OF CHINESE CULTURE. THE CENTER PRESERVES CHINESE CULTURE AND TRADITION, WHILE NURTURING INNOVATIONS THAT REFLECT THE DYNAMIC AND DIVERSE CULTURAL HERITAGE OF CHINA. 6 5 13 34 0 0 216516 233504 542395 478504 589 -47 -1096 -72 758404 711889 0 0 0 0 299815 266746 0 0 35826 504586 438335 804401 705081 -45997 6808 116473 217252 232759 322437 -116286 -105185 PERFORMING ARTS AND EDUCATIONAL ORGANIZATION THAT PROMOTES THE UNDERSTANDING AND APPRECIATION OF CHINESE CULTURE. THE CENTER PRESERVES CHINESE CULTURE AND TRADITION, WHILE NURTURING INNOVATIONS THAT REFLECT THE DYNAMIC AND DIVERSE CULTURAL HERITAGE OF CHINA. 0 0 573949 0 478504 CULTURAL ARTS PROGRAMS - PERFORMANCES, DANCE INSTRUCTION, AND OTHER PROGRAM SERVICE ACTIVITIES 573949 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 NY X X THE ORGANIZATION 2123343764 390 BROADWAY 2ND FLOOR NEW YORK NY 10013 ARNOLD CHU 0.00 X 0 0 0 JAMES FLOCK 0.00 X X 0 0 0 TONY LEE 0.00 X X 0 0 0 JOHN LEUNG 0.00 X 0 0 0 MARK LOW 0.00 X 0 0 0 LILY WONG 0.00 X X 0 0 0 HELEN H WU RESIGNED IN 2010 35.00 X 14025 0 575 CATHY HUNG 35.00 X 25355 0 1200 CHIA LI HAN RESIGNED IN 2010 35.00 X 5300 0 0 44680 0 1775 0 0 0 0 0 9049 89020 135435 233504 CONTRACTED PERFORMANCE 711120 217650 217650 TUITIONS 711120 196535 196535 OTHER INCOME 711120 44277 44277 ADMISSIONS 711120 20042 20042 478504 108 108 4749 4904 -155 -155 -155 7084 9049 7156 -72 -72 711889 478504 0 -119 46455 18582 9291 18582 159451 138265 17556 3630 27595 21019 3598 2978 33245 25323 4335 3587 7963 4778 3185 139221 116780 21776 665 7920 7920 5566 5566 3178 2342 836 15449 9933 5073 443 INSTRCTORS 97123 97123 0 0 ARTIST FEES 79573 79573 0 0 OUTSIDE SERVICES 23506 11753 11753 0 TECHNICAL FEES 9595 9595 0 0 BANK CHARGES AND CREDIT 8624 4312 4312 0 40617 26651 8025 5941 705081 573949 95306 35826 822 10832 516 4855 62340 5877 10231 21567 22247 139349 48892 67268 90457 4383 11185 21145 116473 217252 56072 94830 4170 3394 70000 70000 95000 145000 7517 9213 232759 322437 X -299612 -262686 183326 157501 -116286 -105185 116473 217252 X 6808 4293 X 0 1 0 X 0 X 184716 336021 249809 216516 233504 1220566 646880 596560 578273 542395 478504 2842612 831596 932581 828082 758911 712008 4063178 0 60645 96843 71954 41175 47311 317928 60645 96843 71954 41175 47311 317928 3745250 1032 3253 5225 673 108 10291 1032 3253 5225 673 108 10291 832628 935834 833307 759584 712116 4073469 0.91940 0.90720 0.00250 0.00270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119188 36435 82753 11595 5245 6350 8566 7212 1354 90457 SECURITY DEPOSITS 11185 OTHER RECEIVABLES 9960 21145 DEFERRED RENT PAYABLE 11014 UNAMORTIZED DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT (LINE 22 ABOVE) -1801 9213 711889 705081 6808 521 3772 4293 11101 735593 521 23183 23704 711889 0 711889 724492 19411 19411 705081 0 705081 PART XI, LINE 8 - OTHER ADJUSTMENTS: 2010 YR IN-KIND CONTRIBUTIONS RECORDED AS REVENUES IN FINANCIALS 12,037. 2010 YR IN-KIND CONTRIBUTION OF EXPENSES RECORDED AS EXP IN FINANCIALS -5,617. 2010 YR DEPRECIATION EXPENSE OF IN-KIND FIXED ASSET CONTRIBUTIONS -2,541. 2010 YR DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT PAYABLE - REV IN F/ 3,990. 2010 YR AMORTIZATION OF DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT -4,097. PART XII, LINE 2D - OTHER ADJUSTMENTS: 2010 YR IN-KIND CONTRIBUTIONS RECORDED AS REVENUES IN FINANCIALS 12,037. 2010 YR DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT PAYABLE -REV IN F/S 3,990. 2010 YR DIRECT EXPENSES OF FUNDRAISER OFFSET VS. REVENUES ON FORM 990 7,156. PART XIII, LINE 2D - OTHER ADJUSTMENTS: 2010 YR AMORTIZATION OF DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT 4,097. 2010 YR DIRECT EXPENSES OF FUNDRAISER OFFSET VS. REVENUES ON FORM 990 7,156. 2010 YR IN-KIND CONTRIBUTION OF EXPENSES RECORDED AS EXP IN FINANCIALS 5,617. 2010 YR DEPREC EXPENSE OF IN-KIND FIXED ASSET CONTRIBUTIONS 2,541. FUNDRAISER - GALA DINNER 16133 9049 7084 7156 16133 9049 7084 7156 7156 -72 JAMES FLOCK TO HELP THE ORGANIZATION MEET ITS' CASH REQUIREMENTS. X 100000 70000 0 1 1 70000 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED DURING A BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 12C AFTER EACH ELECTION, ELECTED BOARD MEMBERS ARE ASKED TO ADHERE TO ALL BOARD POLICIES AND DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPARABLE POSITION'S SALARY INFORMATION IS OBTAINED AND USED TO SET THE SALARY AND INCREASES FOR THE EXECUTIVE DIRECTOR. THIS ADJUSTMENT IS BASED UPON ANNUAL PERFORMANCE REVIEW AND FISCAL CONDITION OF THE ORGANIZATION. A PROPOSAL IS PRESENTED TO THE BOARD OF DIRECTORS WITH ALL INDEPENDENT DIRECTORS VOTING ON THE PROPOSAL. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION USES ANOTHER WEBSITE (WWW.GUIDESTAR.ORG) TO MAKE THEIR FORM 990 AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S POLICY FOR MAKING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC IS UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 521. 2010 YR IN-KIND CONTRIBUTIONS RECORDED AS REVENUES IN FINANCIALS 12,037. 2010 YR IN-KIND CONTRIBUTION OF EXPENSES RECORDED AS EXP IN FINANCIALS -5,617. 2010 YR DEPRECIATION EXPENSE OF IN-KIND FIXED ASSET CONTRIBUTIONS -2,541. 2010 YR DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT PAYABLE - REV IN F/ 3,990. 2010 YR AMORTIZATION OF DISCOUNT ON NON-INTEREST BEARING LINE OF CREDIT -4,097. TOTAL TO FORM 990, PART XI, LINE 5: 4,293.