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California · Nonprofit

KOREA ARTS FOUNDATION OF AMERICA

KOREA ARTS FOUNDATION OF AMERICA (California) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being THE ROBIN-HWAJIN YOON KIM FOUNDATION ($2,000). 0 of them have funded it in more than one year.

Revenue FY2024
$14k
Funders on record
1
Grants received
$2k
Net assets
$110k
0/1 repeat funderspeak grant-dependency 15%
01What it does

What Korea Arts Foundation of America does

Mission

The purpose of the organization is to promote creativity, research, study and exhibitions in the arts. Kafa arms to encourage cooperation and free exchange among those who are interested in the arts, to provide educational facilities and services for persons and organizations engaged in all forms of artistic studies, and to coordinate, plan, organize and execute art projects. Its goals are also to facilitate the capability for realizing creative endeavors, and to enhance, encourage and nurture artistic accomplishments, and to knowledge the presence of outstanding korean- american artists.

As stated on its FY2024 Form 990-EZ.

Programs

  1. The purpose of the organization is to promote creativity, research, study and exhibitions in the arts. Kafa arms to encourage cooperation and free exchange among those who are interested in the arts, to provide educational facilities and services for persons and organizations engaged in all forms of artistic studies, and to coordinate, plan, organize and execute art projects. Its goals are also to facilitate the capability for realizing creative endeavors, and to enhance, encourage and nurture artistic accomplishments, and to knowledge the presence of outstanding korean- american artists.

    $12,100 spentof which $12,100 as grants
    94% of program spending
  2. The purpose of the organization is to promote creativity, research, study and exhibitions in the arts. Kafa arms to encourage cooperation and free exchange among those who are interested in the arts, to provide educational facilities and services for persons and organizations engaged in all forms of artistic studies, and to coordinate, plan, organize and execute art projects. Its goals are also to facilitate the capability for realizing creative endeavors, and to enhance, encourage and nurture artistic accomplishments, and to knowledge the presence of outstanding korean- american artists.

    $785 spent
    6% of program spending

The 2 programs described on its FY2024 Form 990-EZ. Program spending in total: $12,885.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13k) Expenses 100 ($11k) Net assets 100 ($119k)2018 Revenue 126 ($16k) Expenses 116 ($12k) Net assets 103 ($123k)2019 Revenue 114 ($15k) Expenses 316 ($34k) Net assets 87 ($104k)2020 Revenue 208 ($27k) Expenses 132 ($14k) Net assets 98 ($117k)2021 Revenue 171 ($22k) Expenses 205 ($22k) Net assets 98 ($117k)2022 Revenue 172 ($22k) Expenses 161 ($17k) Net assets 103 ($122k)2023 Revenue 97 ($13k) Expenses 183 ($20k) Net assets 97 ($115k)2024 Revenue 106 ($14k) Expenses 181 ($19k) Net assets 92 ($110k)
'17'18'19'20'21'22'23'24
Revenue (106)Expenses (181)Net assets (92)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $123k to $104k (−16%).

$119k
$123k
$104k
$117k
$117k
$122k
$115k
$110k
'17'18'19'20'21'22'23'24
Total assets

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

67% of KOREA ARTS FOUNDATION OF AMERICA’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$2k
’17
$4k
’18
−$19k
’19
$13k
’20
$252
’21
$5k
’22
−$7k
’23
−$6k
’24
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
funders
1

From the IRS filings of KOREA ARTS FOUNDATION OF AMERICA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of KOREA ARTS FOUNDATION OF AMERICA's grant income comes from California funders.

CA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

KOREA ARTS FOUNDATION OF AMERICA has grown faster than half of the 14,550 arts & culture nonprofits its size.

Operating margin−41% · bottom quartile
Revenue growth (annualized)1% · above the median

this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024

Organizations like KOREA ARTS FOUNDATION OF AMERICA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for KOREA ARTS FOUNDATION OF AMERICA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KOREA ARTS FOUNDATION OF AMERICA?
KOREA ARTS FOUNDATION OF AMERICA (California) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being THE ROBIN-HWAJIN YOON KIM FOUNDATION ($2,000). 0 of them have funded it in more than one year.
How many funders does KOREA ARTS FOUNDATION OF AMERICA have?
IRS filings report 1 organization giving $2,000 in grants to KOREA ARTS FOUNDATION OF AMERICA.
Who is the largest funder of KOREA ARTS FOUNDATION OF AMERICA?
THE ROBIN-HWAJIN YOON KIM FOUNDATION is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
How can an organization like KOREA ARTS FOUNDATION OF AMERICA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Korea Arts Foundation of America →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing