Illinois · Nonprofit
KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO
KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO (Illinois) receives grants from 13 organizations whose IRS filings report $416,798 to it, the largest being The Chicago Community Trust ($162,000). 9 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $495k
- Funders on record
- 13
- Grants received
- $417k
- Net assets
- $25k
What Korean Performing Arts Institute of Chicago does
Mission
Korean Performing Arts Institute of Chicago is a communty-based cultural and educational organization dedicated to developing and promoting traditional korean cultural and performing arts and to nurturing youth leadership through participation in these arts, especially in the korean percussion art form known as pungmul. Gpi presents three programs/groups: the youth pungmul program and its ensemble soribeat, the adult pungmul program noribeat, and the professional musician group rhythm connections.
As stated on its FY2025 Form 990.
Programs
Performance project : to develop traditional korean cultural and performing arts in furtherance of cross-cultural understanding, and collaboration among varied communites.
$235,996 spentof which $4,316 as grants$107,419 earned by the program51% of program spendingEducational service : to teach and promote korean cultural heritage through traditional korean cultural and performing arts. To nurture leadership skills among youth and to reach out to other communites for mutual education about each others traditional cultural and performing arts.
$226,741 spent$103,203 earned by the program49% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $462,737.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $218k to $180k (−18%).
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.
Government-grant reliance: 2020 15% · 2021 2% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
57% of KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.
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.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $9k → $199k.
4 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 PERFORMING ARTS INSTITUTE OF CHICAGO’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.
How concentrated its funding is
KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO leans on a few funders — its largest provides 39% of grant income and the top three 64%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO.
Largest funder’s share by year: 2019 100% · 2020 46% · 2021 41% · 2022 56% · 2023 76% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
100% of KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO's funders are still giving 3 years after their first grant; 69% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
52% of KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO'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. Of the $199k that is directly attributable, 80% of it comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $218k arriving through sponsors registered in 4 states 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.
Against its field
KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO has grown faster than half of the 12,262 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025
Government funding KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $83k on record.
- National Endowment for the Arts$83k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
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 PERFORMING ARTS INSTITUTE OF CHICAGO: 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.
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 PERFORMING ARTS INSTITUTE OF CHICAGO?
- KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO (Illinois) receives grants from 13 organizations whose IRS filings report $416,798 to it, the largest being The Chicago Community Trust ($162,000). 9 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO have?
- IRS filings report 13 organizations giving $416,798 in grants to KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO, 9 of which have funded it in more than one year.
- Who is the largest funder of KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO?
- The Chicago Community Trust is the largest funder on record, with $162,000 in grants. The full list of funders is on this page.
- How can an organization like KOREAN PERFORMING ARTS INSTITUTE OF CHICAGO find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 Korean Performing Arts Institute of Chicago →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 13 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 22, 2026. What this page cannot tell you · view filing