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MISSION

Our signature event is KoreaFest. It is an annual Festival that educates, promotes and celebrates all aspects of the Korean culture

 FORM 1023-EZ for INWAVE

DEMOGRAPHIC

ADDRESS
354 MARCELLUS WAY
27527
COUNTY
johnston county, NC
IN CARE OF NAME
HEOAK LEE

ORGANIZATIONAL OVERVIEW & RANKINGS

INWAVE is a based in ARCHER LODGE, NC, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $3,618.00, this ranks 733,886 among 2,656,690 nonprofits nationally (Top 28%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 18,891 out of 80,207 organizations in NC (Top 24%).

In johnston county, NC, the organization ranks 166 out of 982 nonprofits by assets (Top 17%), while locally in archer lodge, it stands at 5 among 12 organizations (Top 5%).

The organization reported annual revenue of $99,941.00, ranking 394,113 nationally (Top 15%) and 11,348 in NC (Top 15%).

Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, INWAVE ranks 3,492 in assets (Top 22%) and 1,781 in revenue (Top 11%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2024
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$99,941.00
FORM 990 REVENUE AMOUNT
$99,941.00
RULING DATE
10/2020
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$3,618.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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