KOREA MUSIC FOUNDATION INC
Cite this
Plain text KOREA MUSIC FOUNDATION INC. Strategy Studio, nonprofit organization profile, tax years 2009–2024. https://strategystudio.org/org/133255396. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). KOREA MUSIC FOUNDATION INC [Nonprofit organization profile; tax years 2009–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/133255396
MLA “KOREA MUSIC FOUNDATION INC.” Strategy Studio, tax years 2009–2024, https://strategystudio.org/org/133255396. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2009–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990EZ · revenue $154K · expenses $141K · assets $66K
- EIN
- 13-3255396
- Address
- 50 VILLAGE GATE WAY, NYACK, NY 10960-1441
- Website
- HTTPS://KOREAMUSICFOUNDATION.ORG
- NTEE code
- A68
- Subsection
- 501(c)(3)
- Ruling year
- 2019
- Cross-check
- ProPublica Nonprofit Explorer
Mission
TO STIMULATE PUBLIC INTEREST IN GOOD MUSIC, TO OFFER AN OPPORTUNITY TO THOSE INTERESTED IN MUSIC TO PERFORM MUSICAL COMPOSITIONS OF MERIT
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
2 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Kyung Hee Kim | PRESIDENT | 2023-2024 | $0 | $3,000 | 1 |
| Sung Ah Jung (former) | SECRETARY | 2023 | $600 | $600 | 1 |
Officers and directors, no compensation reported
4 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Taeja Kim | EXECUTIVE BO | 2023-2024 | 0 | $0 reported | 1 |
| Sunghee Cho | TREASURER | 2024 | 0 | $0 reported | 1 |
| Sung Hee Cho Ko (former) | TREASURER | 2023 | Not reported | $0 reported | 1 |
| Soon-Hee Lee (former) | PRESIDENT | 2009-2013 | 15 | $0 reported | 1 |
People by year
2024 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KYUNG HEE KIM | PRESIDENT | 0 | $0 | - | - | $0 | 1 |
| TAEJA KIM | EXECUTIVE BO | 0 | $0 | - | - | $0 | 1 |
| SUNGHEE CHO | TREASURER | 0 | $0 | - | - | $0 | 1 |
2023 · 4 people listed · 2 paid, $4K · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KYUNG HEE KIM | PRESIDENT | 3 | $3,000 | $0 | $0 | $3,000 | 1 |
| SUNG AH JUNG | SECRETARY | - | $600 | $0 | $0 | $600 | 1 |
| TAEJA KIM | DIRECTOR | - | $0 | $0 | $0 | $0 | 1 |
| SUNG HEE CHO KO | TREASURER | - | $0 | $0 | $0 | $0 | 1 |
2013 · 1 person listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SOON-HEE LEE | PRESIDENT | 15 | $0 | $0 | $0 | $0 | 1 |
2012 · 1 person listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SOON-HEE LEE | PRESIDENT | 15 | $0 | $0 | $0 | $0 | 1 |
2011 · 1 person listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SOON-HEE LEE | PRESIDENT | 15 | $0 | $0 | $0 | $0 | 1 |
2010 · 1 person listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SOON-HEE LEE | PRESIDENT | 15 | $0 | $0 | $0 | $0 | 1 |
2009 · 1 person listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SOON-HEE LEE | PRESIDENT | 15 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990EZ | ||||||||
| $153,747 | $140,666 | $65,842 | $65,842 | $153,747 | - | - | - | - |
| 2023 · Form 990 | ||||||||
| $132,970 | $89,294 | $52,761 | $52,761 | $132,970 | $0 | $3,600 | 0 | - |
| 2013 · Form 990 | ||||||||
| $74,796 | $61,513 | $62,890 | $62,890 | $74,793 | $0 | $0 | 0 | 5 |
| 2012 · Form 990 | ||||||||
| $43,134 | $50,939 | $49,607 | $49,607 | $43,130 | $0 | $0 | 0 | 5 |
| 2011 · Form 990 | ||||||||
| $45,357 | $45,709 | $59,865 | $57,412 | $45,348 | $0 | $0 | 0 | 5 |
| 2010 · Form 990 | ||||||||
| $44,671 | $43,883 | $60,217 | $57,764 | $44,639 | $0 | $0 | 0 | 5 |
| 2009 · Form 990 | ||||||||
| $123,972 | $120,273 | $61,159 | $56,976 | $123,917 | $0 | $0 | 0 | 5 |
Funders of this organization
1 grantor reported grants to this organization, $20,000 in all, tax years 2023 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | DAF sponsor | Exact | 2023-2024 | 2 | $20,000 | 2024 | $10,000 | show |
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| AURORA MUSIC FOUNDATION INC | NY | A68 | $158,481 | $8,850 | PRESIDENT | $0 | Same NTEE code A68, revenue within 2x, same state, similar name |
| DENYCE GRAVES FOUNDATION INC | NY | A68 | $216,834 | $471,253 | EXECUTIVE DIRECTOR | $122,159 | Same NTEE code A68, revenue within 2x, same state |
| RAMONAS GIFT TO MUSIC FOUNDATION INC | NY | A68 | $124,705 | $115,810 | DIRECTOR | $0 | Same NTEE code A68, revenue within 2x, same state, similar name |
| FOUR NATIONS INC | NY | A68 | $161,540 | $190,240 | PRESIDENT | $0 | Same NTEE code A68, revenue within 2x, same state |
| ANSONIA MUSIC OUTREACH ORGANIZATION INC | NY | A68 | $227,874 | $181,257 | President | $50,000 | Same NTEE code A68, revenue within 2x, same state |
| LYRA MUSIC INC | NY | A68 | $123,110 | $126,593 | EXECUTIVE DIR. | $28,000 | Same NTEE code A68, revenue within 2x, same state |
| LONG ISLAND CHAMBER MUSIC INC | NY | A68 | $110,339 | $81,746 | Director of Ops | $27,495 | Same NTEE code A68, revenue within 2x, same state |
| THESMALLSLIVEFOUNDATIONINC | NY | A68 | $106,064 | $122,981 | director | $0 | Same NTEE code A68, revenue within 2x, same state |
| MUSIC IS ART | NY | A68 | $235,105 | $215,354 | EXECUTIVE DIRECTOR | $34,952 | Same NTEE code A68, revenue within 2x, same state |
| MUSIC FROM JAPAN INC | NY | A68 | $182,925 | $204,540 | Vice President/Secretary | $61,258 | Same NTEE code A68, revenue within 2x, same state |
| WOMEN IN MUSIC INC | NY | A68 | $185,771 | $362,317 | PRESIDENT | $12,000 | Same NTEE code A68, revenue within 2x, same state |
| NEW YORK STATE EARLY MUSIC ASSOCIATION INC | NY | A68 | $156,993 | $179,286 | Artistic Director (ex-officio) | $26,383 | Same NTEE code A68, revenue within 2x, same state |
| MUSIC FOR PEOPLE INC | NY | A68 | $166,472 | $67,667 | PRESIDENT | $0 | Same NTEE code A68, revenue within 2x, same state |
| ALKEMIE EARLY MUSIC ENSEMBLE INC | NY | A68 | $140,882 | $109,962 | Director, Vice President | $0 | Same NTEE code A68, revenue within 2x, same state |
| NEW ASIA CHAMBER MUSIC SOCIETY INC | NY | A68 | $119,601 | $122,893 | PRESIDENT | $0 | Same NTEE code A68, revenue within 2x, same state |
| BROOKLYN YOUTH MUSIC PROJECT INC | NY | A68 | $184,775 | $195,485 | ARTISTIC DIR | $43,482 | Same NTEE code A68, revenue within 2x, same state |
| LIBERO CANTO FOUNDATION | NY | A68 | $197,771 | $302,226 | DIRECTOR, VICE PRESIDENT, SECRETARY | $10,000 | Same NTEE code A68, revenue within 2x, same state |
| ROCHESTER MUSIC HALL OF FAME INC | NY | A68 | $138,891 | $98,252 | President | $0 | Same NTEE code A68, revenue within 2x, same state |
| SUMMIT MUSIC FESTIVAL INC | NY | A68 | $164,606 | $201,355 | President | $0 | Same NTEE code A68, revenue within 2x, same state |
| HOWLAND CHAMBER MUSIC CIRCLE INC | NY | A68 | $162,963 | $143,913 | PRESIDENT | $0 | Same NTEE code A68, revenue within 2x, same state |
| RITES OF SPRING MUSIC FESTIVAL INC | NY | A68 | $153,870 | $132,368 | BOARD MEMBER | $0 | Same NTEE code A68, revenue within 2x, same state |
| MAKE MUSIC NEW YORK INC | NY | A68 | $239,967 | $360,447 | Executive Dir. | $88,423 | Same NTEE code A68, revenue within 2x, same state |
| WET INK MUSIC PRODUCTIONS INC | NY | A68 | $197,190 | $151,146 | VICE PRESIDENT | $7,970 | Same NTEE code A68, revenue within 2x, same state |
| PHOENICIA FESTIVAL OF THE VOICE FOUNDATION | NY | A68 | $203,667 | $9,267 | Secretary | $0 | Same NTEE code A68, revenue within 2x, same state |
| LOCAL SOUND COLLABORATIVE INC | NY | A68 | $136,830 | $121,915 | Chair | $0 | Same NTEE code A68, revenue within 2x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990EZ · $140,666 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees to independent contractors | $134,370 | 95.5% | |
| Other expenses (detail on Schedule O) | $6,296 | 4.5% | |
| Total | $140,666 | 100% |
2023 · Form 990 · $89,294 spent · pay $3,600 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Occupancy | $60,691 | - | $60,691 | - | 68.0% | |
| All other expenses | $11,882 | $10,235 | $1,647 | - | 13.3% | |
| Fees: legal | $8,310 | - | $8,310 | - | 9.3% | |
| Pay: officers, directors, trustees, key employees | $3,600 | - | - | - | 4.0% | |
| Other (as described) | CONTRACTOR EXPENSE | $1,200 | $1,200 | - | - | 1.3% |
| Office expenses | $1,089 | - | $1,089 | - | 1.2% | |
| Other (as described) | SUPPLIES | $898 | - | $898 | - | 1.0% |
| Insurance | $629 | - | $629 | - | 0.7% | |
| Other (as described) | COMPUTER AND INTERNET EXP | $507 | - | $507 | - | 0.6% |
| Other (as described) | BANK FEE | $488 | - | $488 | - | 0.5% |
| Total | $89,294 | 100% |
2013 · Form 990 · $61,513 spent · pay $0 · grants $0 · events $8,008
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | RENTAL HALLS | $32,268 | $32,268 | - | - | 52.5% |
| Other (as described) Event | RECEPTIONS AND CONCERT | $8,008 | $8,008 | - | - | 13.0% |
| Office expenses | $5,501 | - | $5,501 | - | 8.9% | |
| Advertising and promotion | $5,340 | $4,340 | $1,000 | - | 8.7% | |
| Occupancy | $3,308 | - | $3,308 | - | 5.4% | |
| Fees: accounting | $2,000 | - | $2,000 | - | 3.3% | |
| Depreciation and depletion | $1,693 | - | $1,693 | - | 2.8% | |
| Other (as described) | ARTISTS/MUSICIAN FEES | $1,570 | $1,570 | - | - | 2.6% |
| Travel | $1,011 | $1,011 | - | - | 1.6% | |
| Other (as described) | TELEPHONE | $578 | - | $578 | - | 0.9% |
| All other expenses | $236 | - | $236 | - | 0.4% | |
| Total | $61,513 | 100% |
2012 · Form 990 · $50,939 spent · pay $0 · grants $500 · events $7,118
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | RENTAL HALLS | $21,065 | $21,065 | - | - | 41.4% |
| Other (as described) Event | RECEPTIONS AND CONCERT | $7,118 | $7,118 | - | - | 14.0% |
| Office expenses | $5,470 | - | $5,470 | - | 10.7% | |
| Advertising and promotion | $4,560 | $1,220 | $3,340 | - | 9.0% | |
| Occupancy | $3,805 | - | $3,805 | - | 7.5% | |
| Fees: accounting | $2,000 | - | $2,000 | - | 3.9% | |
| Depreciation and depletion | $1,693 | - | $1,693 | - | 3.3% | |
| Other (as described) | ARTISTS/MUSICIAN FEES | $1,500 | $1,500 | - | - | 2.9% |
| Travel | $1,475 | $1,475 | - | - | 2.9% | |
| Other (as described) | TELEPHONE | $1,024 | - | $1,024 | - | 2.0% |
| Grants to US individuals | $500 | $500 | - | - | 1.0% | |
| All other expenses | $329 | - | $329 | - | 0.6% | |
| Insurance | $250 | - | $250 | - | 0.5% | |
| Information technology | $150 | - | $150 | - | 0.3% | |
| Total | $50,939 | 100% |
2011 · Form 990 · $45,709 spent · pay $0 · grants $0 · events $17,370
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Conferences, conventions and meetings | $9,725 | $9,725 | - | - | 21.3% | |
| Other (as described) | RENTAL HALLS | $8,428 | $8,428 | - | - | 18.4% |
| Other (as described) Event | RECEPTIONS AND CONCERT | $7,645 | $7,645 | - | - | 16.7% |
| Office expenses | $5,632 | - | $5,632 | - | 12.3% | |
| Advertising and promotion | $3,780 | $2,400 | $1,380 | - | 8.3% | |
| Other (as described) | ARTISTS/MUSICIAN FEES | $2,819 | $2,819 | - | - | 6.2% |
| Information technology | $2,228 | - | $2,228 | - | 4.9% | |
| Fees: accounting | $2,000 | - | $2,000 | - | 4.4% | |
| Depreciation and depletion | $1,693 | - | $1,693 | - | 3.7% | |
| Travel | $786 | $786 | - | - | 1.7% | |
| Other (as described) | TELEPHONE | $697 | - | $697 | - | 1.5% |
| All other expenses | $276 | - | $276 | - | 0.6% | |
| Total | $45,709 | 100% |
2010 · Form 990 · $43,883 spent · pay $0 · grants $0 · events $15,131
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Conferences, conventions and meetings | $13,763 | $13,763 | - | - | 31.4% | |
| Office expenses | $8,189 | - | $8,189 | - | 18.7% | |
| Advertising and promotion | $5,544 | $2,998 | $2,546 | - | 12.6% | |
| Other (as described) | ARTISTS/MUSICIAN FEES | $3,000 | $3,000 | - | - | 6.8% |
| Travel | $2,768 | $2,768 | - | - | 6.3% | |
| Other (as described) | TELEPHONE | $2,038 | - | $2,038 | - | 4.6% |
| Depreciation and depletion | $1,693 | - | $1,693 | - | 3.9% | |
| Other (as described) | PRINTING AND PUBLICATIO | $1,598 | $1,598 | - | - | 3.6% |
| Other (as described) Event | RECEPTIONS | $1,368 | $1,368 | - | - | 3.1% |
| Information technology | $1,327 | - | $1,327 | - | 3.0% | |
| Other (as described) | TRANSLATION SERVICES | $1,100 | $1,100 | - | - | 2.5% |
| Fees: accounting | $1,000 | - | $1,000 | - | 2.3% | |
| All other expenses | $495 | - | $495 | - | 1.1% | |
| Total | $43,883 | 100% |
2009 · Form 990 · $120,273 spent · pay $0 · grants $2,000 · events $63,369
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Conferences, conventions and meetings | $60,174 | $60,174 | - | - | 50.0% | |
| Advertising and promotion | $13,973 | $9,742 | $4,231 | - | 11.6% | |
| Office expenses | $12,767 | - | $12,767 | - | 10.6% | |
| Travel | $9,156 | $9,156 | - | - | 7.6% | |
| Other (as described) | ARTISTS/MUSICIAN FEES | $5,850 | $5,850 | - | - | 4.9% |
| Other (as described) | PRINTING AND PUBLICATIO | $4,190 | $4,190 | - | - | 3.5% |
| Other (as described) Event | RECEPTIONS | $3,195 | $3,195 | - | - | 2.7% |
| Other (as described) | TELEPHONE | $2,018 | - | $2,018 | - | 1.7% |
| Grants to US individuals | $2,000 | $2,000 | - | - | 1.7% | |
| Fees: accounting | $2,000 | - | $2,000 | - | 1.7% | |
| Depreciation and depletion | $1,693 | - | $1,693 | - | 1.4% | |
| Other (as described) | TRANSLATION SERVICES | $1,300 | $1,300 | - | - | 1.1% |
| Information technology | $1,273 | - | $1,273 | - | 1.1% | |
| All other expenses | $684 | - | $684 | - | 0.6% | |
| Total | $120,273 | 100% |