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KOREA MUSIC FESTIVAL FOUNDATION INC

LAURELTON, New York, 11413

EIN: 88-3237987

Recreation, Sports, Leisure, Athletics

DEMOGRAPHIC

ADDRESS
22506 MERRICK BLVD
11413
COUNTY
queens county, NY
IN CARE OF NAME
MARK RHEE

ORGANIZATIONAL OVERVIEW & RANKINGS

KOREA MUSIC FESTIVAL FOUNDATION INC is a based in LAURELTON, NY, focused on Recreation, Sports, Leisure, Athletics causes , specifically Community Recreational Centers. Established in November 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1.00, this ranks 816,471 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 63,582 out of 159,053 organizations in NY (Top 40%).

In queens county, NY, the organization ranks 3,007 out of 10,564 nonprofits by assets (Top 29%), while locally in laurelton, it stands at 26 among 135 organizations (Top 13%).

The organization reported no revenue in the most recent filing period, placing it at 657,183 nationally and 54,640 in NY.

Within its specific NTEE classification (N31 - N: Recreation, Sports, Leisure, Athletics), which includes 2,068 similar organizations, KOREA MUSIC FESTIVAL FOUNDATION INC ranks 727 in assets (Top 35%) and 699 in revenue (Top 34%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November 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
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N31: Community Recreational Centers
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2022
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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