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California · Nonprofit

KOREAN AMERICAN MUSIC ACADEMY

KOREAN AMERICAN MUSIC ACADEMY (California) receives grants from 1 organization whose IRS filings report $6,600 to it, the largest being CHARITIES AID FOUNDATION AMERICA ($6,600). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$216k
Funders on record
1
Grants received
$7k
Net assets
$26k
0/1 repeat funders
01What it does

What Korean American Music Academy does

Mission

provide a unique and important educational experience to young Korean-Americans in gaining, enhancing musical, vocal skills, and building life-long appreciation of music through the experience of sharing the joy of music

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

  1. Annual concert held at Irvine Barclay Theatre at 4242 Campus Dr Irvine CA 92612 on 6/15/2025

    $32,403 spent$34,185 earned by the program
    19% of program spending
  2. Music Camp held Irvine Ranch Outdoor Education Center, 2 Irvine Park Rd, Orange, CA 92869 on 5/23/25-5/25/25

    $18,127 spent$19,145 earned by the program
    10% of program spending
  3. Concert Tour to Europe, Czech, Austria Slovenia during 7/15/25 to 7/26/25

    $115,539 spent$112,872 earned by the program
    66% of program spending
  4. Program Service Expenses 8,303, Grants and allocations 0, Revenue 2,188 Annual Banquet held at Holliston Church at 1305 E Colorado Blvd, Pasadena, CA 91106 on 6/13/2025

    $8,303 spent$2,188 earned by the program
    5% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $174,372.

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.

100 = 20172017 Revenue 100 ($304k) Expenses 100 ($305k) Net assets 100 ($39k)2018 Revenue 53 ($160k) Expenses 46 ($140k) Net assets 151 ($59k)2019 Revenue 98 ($299k) Expenses 102 ($310k) Net assets 123 ($48k)2020 Revenue 38 ($115k) Expenses 40 ($121k) Net assets 106 ($42k)2021 Revenue 38 ($115k) Expenses 34 ($105k) Net assets 133 ($52k)2022 Revenue 51 ($155k) Expenses 54 ($165k) Net assets 108 ($42k)2023 Revenue 114 ($346k) Expenses 121 ($367k) Net assets 54 ($21k)2024 Revenue 71 ($216k) Expenses 69 ($211k) Net assets 67 ($26k)
'17'18'19'20'21'22'23'24
Revenue (71)Expenses (69)Net assets (67)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $42k to $21k (−50%).

$39k
$59k
$48k
$42k
$52k
$42k
$21k
$26k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$916
’17
$20k
’18
−$11k
’19
−$6k
’20
$10k
’21
−$10k
’22
−$21k
’23
$5k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tim Choi

CEO

As listed on its FY2024 Form 990.

2017201920232024
Listed3333
Joined···+0
No longer listed···0
03Who funds it

Who funds it, year by year

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

Funder
'25*
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of KOREAN AMERICAN MUSIC ACADEMY’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 KOREAN AMERICAN MUSIC ACADEMY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Organizations like KOREAN AMERICAN MUSIC ACADEMY

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.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

13
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for KOREAN AMERICAN MUSIC ACADEMY: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 KOREAN AMERICAN MUSIC ACADEMY?
KOREAN AMERICAN MUSIC ACADEMY (California) receives grants from 1 organization whose IRS filings report $6,600 to it, the largest being CHARITIES AID FOUNDATION AMERICA ($6,600). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does KOREAN AMERICAN MUSIC ACADEMY have?
IRS filings report 1 organization giving $6,600 in grants to KOREAN AMERICAN MUSIC ACADEMY.
Who is the largest funder of KOREAN AMERICAN MUSIC ACADEMY?
CHARITIES AID FOUNDATION AMERICA is the largest funder on record, with $6,600 in grants. The full list of funders is on this page.
How can an organization like KOREAN AMERICAN MUSIC ACADEMY 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.

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