TY 2024 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) KATHLEEN STEPHENS...................................................................... CHAIR	2.00 .................	X	X
(2) CARTER BOOTH...................................................................... SECRETARY	2.00 .................	X	X
(3) YOUNG CHOI...................................................................... TREASURER	2.00 .................	X	X
(4) NICHOLAS BRATT...................................................................... DIRECTOR	2.00 .................	X
(5) MICHAEL BURKE...................................................................... DIRECTOR	2.00 .................	X
(6) VICTOR CHA...................................................................... DIRECTOR	2.00 .................	X
(7) JUN CHOI...................................................................... DIRECTOR	2.00 .................	X
(8) KYOUNGSIK CHOI...................................................................... DIRECTOR	2.00 .................	X
(9) SUSAN GREENWELL...................................................................... DIRECTOR	2.00 .................	X
(10) HARRY HARRIS...................................................................... DIRECTOR	2.00 .................	X
(11) HY HETHERINGTON...................................................................... DIRECTOR	2.00 .................	X
(12) OWEN JOE...................................................................... DIRECTOR	2.00 .................	X
(13) PIOUS JUNG...................................................................... DIRECTOR	2.00 .................	X
(14) SONG K JUNG...................................................................... DIRECTOR	2.00 .................	X
(15) ABRAHAM KIM...................................................................... DIRECTOR	2.00 .................	X
(16) ANTHONY KIM...................................................................... DIRECTOR	2.00 .................	X
(17) MEE KIM...................................................................... DIRECTOR	2.00 .................	X

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2024

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	2,467,306	3,104,291	3,238,679	2,347,670	2,324,032	13,481,978
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	2,467,306	3,104,291	3,238,679	2,347,670	2,324,032	13,481,978
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						5,559,763
6	Public support. Subtract line 5 from line 4.						7,922,215

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
7	Amounts from line 4..	2,467,306	3,104,291	3,238,679	2,347,670	2,324,032	13,481,978
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	436,757	474,517	597,353	651,417	990,697	3,150,741
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..			54,900			54,900
11	Total support. Add lines 7 through 10						16,687,619

Gross receipts from related activities, etc. (see instructions) ..................

1,575,684

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 6, column (f) divided by line 11, column (f)) .........

47.470 %

Public support percentage for 2023 Schedule A, Part II, line 14 ...............

49.980 %

16a

33 1/3% support test—2024. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2023. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2024

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2023 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2024 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2023 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2024. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2023. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2024

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2024

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2024

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2024

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2024 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2024	(iii) Distributable Amount for 2024
1 Distributable amount for 2024 from Section C, line 6
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2024:
a From 2019.......
b From 2020.......
c From 2021.......
d From 2022.......
e From 2023.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2024 distributable amount
i Carryover from 2019 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2024 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2024 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2025. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2020.....
b Excess from 2021.....
c Excess from 2022.....
d Excess from 2023.....
e Excess from 2024.....

Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	OTHER INCOME - 2022 AMOUNT: $ 54,900.

Schedule A (Form 990) 2024

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization THE KOREA SOCIETY

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization THE KOREA SOCIETY		Employer identification number 52-1714111

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization THE KOREA SOCIETY			Employer identification number 52-1714111
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

$ 175,260

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	15,314,860	12,888,186	15,545,155	12,411,266	18,846,492
b	Contributions ...				42,877	45,064
c	Net investment earnings, gains, and losses	2,744,769	2,799,446	-2,351,346	3,096,924	360,753
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	832,705	372,772	305,623	5,912	6,841,043
f	Administrative expenses ....
g	End of year balance ......	17,226,924	15,314,860	12,888,186	15,545,155	12,411,266

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

19.858 %

Permanent endowment right arrow

56.219 %

Term endowment right arrow

23.923 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	1,180,100	826,072	354,028
d	Equipment ....	291,044	160,535	130,509
e	Other .....	175,260		175,260
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				659,797

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RIGHT TO USE ASSET				2,314,806
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				2,314,806

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
LEASE LIABILITY	2,502,494








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	2,502,494
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	5,367,298
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	1,755,136
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	1,755,136
3	Subtract line 2e from line 1..................			3	3,612,162
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	3,612,162

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1	3,984,029
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e	0
3	Subtract line 2e from line 1...................		3	3,984,029
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5	3,984,029

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART III, LINE 4:	THE ARTWORK SUPPORTS THE SOCIETY'S MISSION TO PROMOTE GREATER AWARENESS AND UNDERSTANDING BETWEEN AMERICANS AND KOREANS BY ORGANIZING TRAVELING EXHIBITIONS OF KOREAN ART TO AMERICAN UNIVERSITIES/GALLERIES AND OTHER FACILITIES.
PART V, LINE 4:	TEMPORARILY RESTRICTED ENDOWMENTS ARE THE EARNINGS FROM THE PERMANENT ENDOWMENT FUNDS TO SUPPORT THE PROGRAM EXPENSES THAT HAVE NOT YET SATISFIED THE DONORS' STIPULATIONS. THE BOARD DESIGNATED ENDOWMENT IS THE FUNDS SET ASIDE BY THE KOREA SOCIETY'S BOARD FOR LONG-TERM OPERATING PURPOSES.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
THE KOREA SOCIETY

Employer identification number

52-1714111

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total . . . . . . . . . . . . . . . . . . . .

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) (Rev. 1-2025)

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 ANNUAL DINNER (event type)	(b) Event #2 GOLF TOURNAMENT (event type)	(c) Other events (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	771,261	145,670		916,931
2	Less: Contributions . . . .	671,361	41,080		712,441
3	Gross income (line 1 minus line 2) . . . . . .	99,900	104,590		204,490

4	Cash prizes . . . . .
5	Noncash prizes . . . .		4,000	4,000
6	Rent/facility costs . . . .	36,027	61,465	97,492
7	Food and beverages . . .	118,151	20,433	138,584
8	Entertainment . . . .	14,085		14,085
9	Other direct expenses . . .	58,972	37,968	96,940
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .			351,101
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .			-146,611

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) (Rev. 1-2025)

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference	Explanation

Schedule G (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization
THE KOREA SOCIETY

Employer identification number
52-1714111

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) Rev. 1-2025

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) TRAVEL EXPENSE	9	18,000	FMV
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation

Schedule I (Form 990) Rev. 1-2025

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1THOMAS J BYRNE PRESIDENT AND CEO	(i) (ii)	303,066 ------------- 0	0 ------------- 0	0 ------------- 0	18,234 ------------- 0	0 ------------- 0	321,300 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( AIRLINE E-TICKETS )	X	91	119,000	FMV
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2024)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation

Schedule M (Form 990) (2024)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

THE KOREA SOCIETY

Employer identification number

52-1714111

Return Reference	Explanation
PART III, LINE 1	THE KOREA SOCIETY (THE "SOCIETY") IS A NONPROFIT, NONPARTISAN, 501(C)(3) ORGANIZATION WITH INDIVIDUAL AND CORPORATE MEMBERS THAT IS DEDICATED SOLELY TO THE PROMOTION OF GREATER AWARENESS, UNDERSTANDING AND COOPERATION BETWEEN THE PEOPLE OF THE UNITED STATES AND KOREA. IN PURSUIT OF ITS MISSION, THE SOCIETY ARRANGES PROGRAMS THAT FACILITATE DISCUSSION, EXCHANGES AND RESEARCH ON TOPICS OF VITAL INTEREST TO BOTH COUNTRIES IN THE AREAS OF PUBLIC POLICY, BUSINESS, EDUCATION, INTERCULTURAL RELATIONS AND THE ARTS. FUNDING FOR THESE PROGRAMS IS DERIVED FROM CONTRIBUTIONS, ENDOWMENTS, GRANTS, MEMBERSHIP DUES AND PROGRAM FEES. FROM ITS BASE IN NEW YORK CITY, THE SOCIETY SERVES AUDIENCES ACROSS THE COUNTRY THROUGH ITS OWN OUTREACH EFFORTS AND BY FORGING STRATEGIC ALLIANCES WITH COUNTERPART ORGANIZATIONS IN OTHER CITIES THROUGHOUT THE UNITED STATES AS WELL AS IN KOREA.
PART III, LINE 4A	MEDIA: SEE SCHEDULE O. MEDIA: IN 2024, THE KOREA SOCIETY CONTINUED TO MAKE SIGNIFICANT STRIDES IN THE REALMS OF WEB AND PRINT. WEB: CREATED A NUMBER OF VISUAL AND SECURITY UPDATES TO OUR WEBSITE. GENERATING AVERAGE OF 13K CLICKS AND 700K IMPRESSIONS ON A MONTHLY BASIS. PRINT: THE KOREA SOCIETY'S ANNUAL REPORT GARNERED INTERNATIONAL ACCLAIM ONCE AGAIN, CLINCHING BOTH THE GOLD VISION AWARD AND THE BRONZE ARC AWARD FOR THE BEST ANNUAL REPORT IN THE NON-PROFITS CATEGORY. NOTABLY, THE KIM KOO PROFESSIONAL SERIES BOOKLET MAINTAINED ITS PRODUCTION MOMENTUM THROUGH COLLABORATION WITH THE KIM KOO FOUNDATION AS WELL AS QUARTERLY DIGITAL PROGRAM CALENDARS, SPECIAL EVENTS AND GALLERY EXHIBITION PRINT MATERIALS. THE KOREA SOCIETY FURTHERED ITS PRESENCE IN BOTH PRINT AND DIGITAL MEDIA IN 2024. THE TOTAL NUMBER OF MEDIA HITS FROM JANUARY TO DECEMBER 1ST OF THIS YEAR WAS 686; A 30.7% INCREASE FROM 2023. MEDIA HITS INCLUDED COVERAGE ON SOCIETY PROGRAMS FROM ALL AREAS AND SPECIAL EVENTS SUCH AS THE ANNUAL DINNER. QUOTES AND COMMENTARY FROM SOCIETY LEADERSHIP, STAFF, AND BOARD MEMBERS WERE ALSO FEATURED PROMINENTLY IN THE MEDIA. IN MARCH, PRESIDENT TOM BYRNE WAS INTERVIEWED BY KOREA ECONOMIC DAILY IN RESPONSE TO CONCERNS AMONG KOREAN COMPANIES ABOUT POLICY RISKS RELATED TO THE U.S. PRESIDENTIAL ELECTION. IN NOVEMBER, PRESIDENT BYRNE WAS INTERVIEWED BY CHOSUN ILBO FOR HIS THOUGHTS ON THE POTENTIAL IMPACTS OF PRESIDENT-ELECT TRUMP'S SECOND TERM ON U.S.-KOREA RELATIONS. PRESIDENT BYRNE'S APPEARANCE AT THE OPENING OF THE REPUBLIC OF KOREA JEOLLANAM-DO GARDEN IN MANHATTAN AND THE KOREA SOCIETY'S COMPANION PROGRAM WITH JEOLLANAM-DO GOVERNOR KIM YOUNG-ROK IN OCTOBER RECEIVED HEAVY COVERAGE BY KOREAN MEDIA INCLUDING OUTLETS SUCH AS YONHAP AND MAEIL BUSINESS NEWSPAPER. THESE APPEARANCES IN WIDELY PUBLICIZED MEDIA REFLECT THE KOREA SOCIETY'S STANDING AS A PROMINENT AND RESPECTED SOURCE FOR ANALYSIS AND COMMENTARY. THE KOREA SOCIETY ENGAGES AN ACTIVE GLOBAL AUDIENCE THROUGH ITS ONLINE PRESENCE. FROM JANUARY 1 TO DECEMBER 18, 2024, THE SOCIETY'S WEBSITE RECEIVED 438,964 VISITORS, A 21.8% INCREASE FROM LAST YEAR. PODCAST DOWNLOADS REACHED A NEW HEIGHT OF 376,615. YOUTUBE SUBSCRIBERS JUMPED FROM 15,925 IN 2023 TO 19,374 IN 2024 12% HIGHER INCREASE THAN FROM 2022 TO 2023. YOUTUBE VIEWS ON OUR PROGRAMS TOTALED 238,502, A 36.9% INCREASE FROM THE YEAR PRIOR. THE SOCIETY'S SOCIAL MEDIA ACCOUNTS SHOW HIGH AUDIENCE ENGAGEMENT AND INTEREST ACROSS PROGRAM AREAS. THE SOCIETY'S LINKEDIN PAGE CONTINUES TO GROW RAPIDLY, ATTRACTING 5,746 FOLLOWERS, A 29.9% INCREASE FROM 2023. OUR TWITTER ACCOUNTS HAVE MAINTAINED OVER 33,300 FOLLOWERS, AND THE SOCIETY'S INSTAGRAM ACCOUNT HAS AMASSED OVER 9,734 FOLLOWERS AS OF DECEMBER 31, 2024.
PART III, LINE 4B	EDUCATION: IN 2024, THE SOCIETY'S EDUCATIONAL PROGRAMS OFFERED A VARIETY OF OPPORTUNITIES AND RESOURCES FOR INDIVIDUALS, EDUCATORS, AND STUDENTS FOCUSED ON ADVANCING KNOWLEDGE AND UNDERSTANDING OF KOREA IN THE US AND PROMOTING MUTUAL UNDERSTANDING AMONG THE PEOPLES OF BOTH COUNTRIES. THE SOCIETY'S EDUCATIONAL PROGRAMS IN 2024 INCLUDED THE FOLLOWING. THE SOCIETY'S KOREAN LANGUAGE PROGRAM, WHICH OFFERS AN EIGHT (8) LEVEL PROGRAM OVER FOUR TERMS A TEN-WEEK WINTER, SPRING AND FALL TERM AND AN EIGHT WEEK SUMMER TERM, CONTINUED TO HAVE ANOTHER VERY STRONG YEAR, ATTRACTING NEARLY 1,300 STUDENTS, MATCHING THE PREVIOUS YEAR'S RECORD-BREAKING NUMBERS OF STUDENTS HAILED FROM 40 STATES AND THE DISTRICT OF COLUMBIA AND 13 COUNTRIES. OUR PROJECT BRIDGE YOUTH AMBASSADOR PROGRAM, THE EDUCATION DEPARTMENT'S LONGEST-RUNNING PROGRAM, IS AN ACADEMIC YEAR-LONG PROGRAM FOR HIGH SCHOOL STUDENTS THAT AIMS TO ADVANCE PARTICIPANTS' UNDERSTANDING OF KOREA WHILE DEVELOPING THEIR LEADERSHIP SKILLS. OVER THE COURSE OF NINE (9) MONTHS IT PROVIDES BI-MONTHLY WORKSHOPS, A TEN-DAY STUDY TOUR TO KOREA AND COMMUNITY PRESENTATIONS WHICH ATTRACTED MANY ALUMNI, TEACHERS AND FAMILY MEMBERS. OUR GENERAL KOREAN STUDIES PROGRAMMING INCLUDED IN-PERSON HIGH SCHOOL GROUP WORKSHOPS WHERE IN 2024 AGAIN OUR REACH EXPANDED SIGNIFICANTLY. WE OFFERED THIRTEEN (13) WORKSHOPS, MORE THAN DOUBLING THE NUMBER OFFERED IN 2023. WE REACHED 443 STUDENTS AND EDUCATORS, A 35% INCREASE FROM 2023 (325) AND MORE THAN QUINTUPLED THE NUMBERS SINCE 2022 (75) WHICH WAS WHEN WE FIRST RETURNED TO OFFERING WORKSHOPS AFTER COVID. THE DEPARTMENT CONTINUED TO ADMINISTER THE SOCIETY'S PRESTIGIOUS RISING STAR AWARD, THE SHERMAN FAMILY KOREA EMERGING SCHOLAR LECTURE AWARD, GEARED TO PHD STUDENTS, YOUNG LECTURERS, RESEARCHERS, AND OTHERS IN THE FIELD WHICH INCLUDES TRAVEL AND LODGING TO NEW YORK TO OFFER THE LECTURE AND A $2,500 HONORARIUM. IN 2024, THE EDUCATION DEPARTMENT FULLY IMPLEMENTED THE UNDERGRADUATE KOREA STUDY ABROAD TRAVEL GRANT COMPETITION THAT WAS PILOTED IN FALL 2023. AS PART OF OUR COMMITMENT TO PROMOTING GREATER AWARENESS, UNDERSTANDING AND COOPERATION BETWEEN THE PEOPLE OF THE U.S. AND KOREA, WE CREATED THIS PROGRAM FOR UNDERFINANCED STUDENTS NEEDING ADDITIONAL MONIES TO COVER TRANSPORTATION COSTS. THIS 'TOPPING OFF' GRANT OF $2,000 WAS OFFERED TO TEN STUDENTS. IN 2024 THE DEPARTMENT HOSTED A NUMBER OF NEW GROUPS/COLLABORATIONS AT THE SOCIETY INCLUDING THE KYUNG-UH SCHOLARSHIP ASSOCIATION'S 14TH ANNUAL TEENS SPEAK SPEECH COMPETITION, THE KOREA AMERICA SCHOOL CONFERENCE (KASC-17) GROUP, STUDENTS AND FACULTY FROM JEONBUK NATIONAL UNIVERSITY, AND RETURNED PEACE CORPS VOLUNTEERS. AND WE CONTINUED TO ENHANCE OUR ONLINE RESOURCES FOR EDUCATORS. TOTAL NUMBER OF KOREAN LANGUAGE STUDENTS: 1,274 TOTAL NUMBER OF HIGH SCHOOL WORKSHOP: 13 IN-PERSON PARTICIPANTS: 443 TOTAL NUMBER OF EDUCATION COLLABORATIONS: 4 TOTAL NUMBER OF KOREAN STUDIES RESOURCES LANDING PAGE HITS: 4,200
PART III, LINE 4C	POLICY: IN 2024, KOREA SOCIETY POLICY PROGRAMS EDUCATED THE SOCIETY'S MEMBERSHIP ON MATTERS RELATED TO THE U.S.-REPUBLIC OF KOREA (ROK) RELATIONSHIP, OUR COMMON VALUES, AND KOREA'S REGIONAL RELATIONS. A HIGHLIGHT FOR 2024 WAS A CONFERENCE HELD AT THE MAYFLOWER HOTEL IN WASHINGTON DC TO PROVIDE INSIGHTS ON THE FAST EVOLVING THREATS AND OPPORTUNITIES IMPACTING THE DYNAMIC U.S.-ROK RELATIONSHIP, INCLUDING A PANEL ON SECURITY, A PANEL ON DIPLOMACY, AND A KEYNOTE ADDRESS. THROUGHOUT THE YEAR, THE POLICY TEAM OFFERED A RANGE OF PUBLIC POLICY EVENTS TO SERVE AS A FORUM FOR EXCHANGE FEATURING EXPERIENCED AND KNOWLEDGEABLE SPEAKERS, ATTRACTING AN IN-PERSON AUDIENCE IN NEW YORK AND A GLOBAL AUDIENCE ONLINE. A ROUNDTABLE DIALOGUE SERIES CALLED THE KIM KOO PROFESSIONAL SERIES AT THE KOREA SOCIETY BROUGHT TOGETHER NEW YORK PROFESSIONALS FROM BUSINESS, MEDIA AND INTERNATIONAL ORGANIZATIONS FOR A TIMELY DISCUSSION OF EVENTS ON THE KOREAN PENINSULA AND IN EAST ASIA. THE SOCIETY HONORED U.S. VETERANS WITH AN ANNUAL ARMISTICE DAY SALUTE TO AMERICAN AND KOREAN AMERICAN VETERANS OF THE KOREAN WAR. TOTAL NUMBER OF PROGRAMS: 27 REGISTRANTS FOR ALL PROGRAMS: 6,352 YOUTUBE VIEWS FOR ALL PROGRAMS: 24,955 PODCAST DOWNLOADS FOR ALL PROGRAMS: 16,747
FORM 990, PART VI, SECTION A, LINE 4	DURING THE NOVEMBER 2024 BOARD MEETING, ORGANIZATION'S BOARD OF DIRECTORS APPROVED THE CHANGE TO BY-LAW ALLOWING THE CURRENT CHAIRPERSON AND NEWLY CREATED POSITION OF VICE CHAIRPERSON ONE MORE TERM AS A BOARD MEMBER IN ADDITION TO THE THREE-TERM LIMIT.
FORM 990, PART VI, SECTION A, LINE 6	THE KOREA SOCIETY, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7A	THERE SHALL BE A NOMINATING COMMITTEE CONSISTING OF 5 TO 7 DIRECTORS. ANY DIRECTOR MAY NOMINATE ANY DIRECTOR TO SERVE ON THE NOMINATING COMMITTEE. THE MEMBERS OF THE NOMINATING COMMITTEE SHALL BE ELECTED BY THE BOARD OF DIRECTORS, BY A MAJORITY VOTE OF DIRECTORS PRESENT, TO HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING OR UNTIL THEIR SUCCESSORS ARE ELECTED AND QUALIFIED. VACANCIES ON THE NOMINATING COMMITTEE MAY BE FILLED BY THE BOARD OF DIRECTORS AT ANY MEETING.
FORM 990, PART VI, SECTION A, LINE 7B	ALL DECISIONS MADE BY THE EXECUTIVE COMMITTEE MUST BE APPROVED BY THE ENTIRE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT PROFESSIONAL ACCOUNTANT AND REVIEWED BY THE AUDIT COMMITTEE. AFTER THE AUDIT COMMITTEE MEMBERS' QUESTIONS ARE ANSWERED BY THE INDEPENDENT PROFESSIONAL ACCOUNTANT, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	AT THE FIRST MEETING OF THE YEAR, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST, IF ANY, WITH THE SOCIETY.
FORM 990, PART VI, SECTION B, LINE 15A	THE NOMINATING COMMITTEE WILL CONSIST OF AN INDEPENDENT BOARD MEMBER REVIEW AND APPROVAL OF THE COMPENSATION OF THE SOCIETY'S TOP MANAGEMENT OFFICIALS BEFORE THE CHAIRMAN SIGNS THE EMPLOYMENT CONTRACT WITH THEM.
FORM 990, PART VI, SECTION C, LINE 19	THE SOCIETY DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	2,347,670	2,324,032
9	Program service revenue (Part VIII, line 2g) .........	491,326	419,581
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	794,123	1,015,160
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-92,292	-146,611
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	3,540,827	3,612,162
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	246,086	18,000
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,700,758	1,912,625
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 743,968
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,808,740	2,053,404
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	3,755,584	3,984,029
19	Revenue less expenses. Subtract line 18 from line 12.......	-214,757	-371,867
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	28,678,396	29,283,362
21	Total liabilities (Part X, line 26).............	3,383,280	2,604,977
22	Net assets or fund balances. Subtract line 21 from line 20.....	25,295,116	26,678,385

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 730,126 including grants of $ ) (Revenue $ )
	MEDIA: SEE SCHEDULE O.

4b	(Code: ) (Expenses $ 627,325 including grants of $ 18,000 ) (Revenue $ 415,367 )
	EDUCATION: SEE SCHEDULE O.

4c	(Code: ) (Expenses $ 475,804 including grants of $ ) (Revenue $ )
	POLICY: SEE SCHEDULE O.

	(Code: ) (Expenses $ 386,384 including grants of $ ) (Revenue $ )
	ARTS AND CULTURE: THE ARTS & CULTURE DEPARTMENT CONTINUES TO PROMOTE THE DIVERSITY AND EXCELLENCE OF KOREAN CULTURE AND CHAMPION ARTISTS AND CREATORS IN VARIOUS MEDIA. IN 2024, MANY OF OUR PROGRAMS WERE PRESENTED IN HYBRID FORMAT, COMBINING IN-PERSON PRESENTATION AT OUR EVENT SPACE WITH LIVE WEBCAST OR VIDEO RELEASE. THE ARTS & CULTURE DEPARTMENT ALSO CONTINUES TO OFFER PRE-RECORDED PROGRAMS, WHICH WORKS PARTICULARLY WELL WITH KOREAN-SPEAKING GUESTS, AS THE VIDEO PRESENTATION INCLUDES ENGLISH SUBTITLES. BY PROVIDING A VARIETY OF PROGRAMS AND WAYS TO VIEW THEM, THE ARTS & CULTURE DEPARTMENT IS ATTRACTING NEW DEMOGRAPHICS AND AUDIENCES TO THE KOREA SOCIETY. IN 2024, THE KOREA SOCIETY CONTINUED ITS MISSION TO SHOWCASE KOREAN AND KOREAN-BORN ARTISTS THROUGH EXHIBITIONS AND ARTIST TALK PROGRAMS. THROUGHOUT THE YEAR, THE KOREA SOCIETY'S ARTS & CULTURE DEPARTMENT CONTINUED TO EXPLORE THE GLOBAL POPULARITY OF CONTEMPORARY KOREAN CULTURE THROUGH VARIOUS PROGRAMS. THE KOREA SOCIETY SHOWCASED KOREAN AND KOREAN-AMERICAN STORYTELLERS IN FILM AND MEDIA VIA VIRTUAL SCREENING AND INFORMATIVE CONVERSATIONS, AND PRESENTED TRADITIONAL KOREAN MUSIC AND DANCE PERFORMANCES IN THE EVENT SPACE. IN THE FIFTH YEAR OF ITS AUTHOR TALKS VIDEO SERIES, THE KOREA SOCIETY FEATURED DISCUSSIONS WITH AWARD-WINNING KOREAN NOVELISTS WHILE ALSO HOSTING NUMEROUS KOREAN AND KOREAN AMERICAN AUTHORS IN FRONT OF LIVE AUDIENCES. A NEW SERIES TITLED THE Y. T. HWANG FAMILY FOUNDATION SERIES ON ETHICS AND COMMON VALUES OFFERED A SERIES OF INSIGHTFUL LECTURES AND CONVERSATIONS FROM DISTINGUISHED GUEST SPEAKERS.MOST NOTABLE PARTICIPANTS OF ARTS & CULTURE PROGRAMS INCLUDE: KYUNG-WHA KANG [FORMER MINISTER OF FOREIGN AFFAIRS, REPUBLIC OF KOREA]; MINGOO KANG [CHEF]; DR. JIM YONG KIM [FORMER PRESIDENT OF WORLD BANK]; ROSALIE KIM [CURATOR]; MIN JIN LEE [AUTHOR]; HELEN J. SHEN [ACTRESS]; UM TAE-HWA [FILM DIRECTOR]TOTAL NUMBER OF PROGRAM: 44TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 7,960YOUTUBE VIEWS FOR PROGRAMS: 79,185

	(Code: ) (Expenses $ 419,940 including grants of $ ) (Revenue $ 4,214 )
	CORPORATE: THE KOREA SOCIETY'S BUSINESS AND ECONOMIC PROGRAMS PROVIDE THE INTERNATIONAL BUSINESS COMMUNITY WITH UNIQUE ACCESS TO THE ISSUES AND INDIVIDUALS THAT DEFINE THE U.S.-KOREA BUSINESS RELATIONSHIP IN A RAPIDLY CHANGING GLOBAL ENVIRONMENT. IN CONTINUATION OF THIS EFFORT, OUR ONGOING LEADERSHIP INTERVIEW SERIES HAS EXPANDED WITH THE ESTABLISHMENT OF A SUBSERIES "LOCAL LEADERSHIP IN GLOBAL CONTEXT" TO BROADEN OUR UNDERSTANDING OF LOCAL AND MUNICIPAL LEADERSHIP IN KOREA. 2024 ALSO MARKED THE BEGINNING OF TWO PROGRAM INITIATIVES: STARTUP SCENE: ENTREPRENEURSHIP OF TOMORROW AND U.S-ROK NEW ECONOMIC PARADIGM. WITH VARIOUS NEW AREAS OF FOCUS, THE BUSINESS AND ECONOMIC PROGRAMS WILL STRIVE TO BROADEN THE SCOPE OF BUSINESS AND ECONOMIC PARTNERSHIPS INTERESTS OF THE U.S. AND KOREA.STARTUP SCENE: ENTREPRENEURSHIP OF TOMORROW: WITH THE GRACIOUS SUPPORT OF HANWHA LIFE, STARTUP SCENE HAS BEEN LAUNCHED IN 2024 WITH THE MISSION OF FOSTERING A THRIVING EAST COAST ENTREPRENEURIAL COMMUNITY THAT ENCOMPASSES THE US AND SOUTH KOREAN ECONOMIC LANDSCAPE. THROUGHOUT THE YEAR, WE HAVE SUCCESSFULLY HOSTED THREE IN-HOUSE PROGRAMS AND A HALF-DAY ANNUAL FORUM, FEATURING 13 STARTUP FOUNDERS, 3 VENTURE CAPITALISTS, 3 INDUSTRY EXPERTS, AND 4 JOURNALISTS. THESE PROGRAMS HAVE BEEN AVAILABLE PUBLICLY THROUGH IN-PERSON AND VIRTUAL AUDIENCES, ATTRACTING STUDENTS AND PROFESSIONALS FROM BUSINESS, FINANCE, AND STARTUP BACKGROUNDS.LEADERSHIP INTERVIEW SERIES/LOCAL LEADERSHIP IN GLOBAL CONTEXT: BUILDING UPON THE SUCCESS OF 2023, THE KOREA SOCIETY'S LEADERSHIP INTERVIEW SERIES HAS LAUNCHED A SUBSERIES, "LOCAL LEADERSHIP IN GLOBAL CONTEXT" IN 2024. THIS SERIES FEATURES MUNICIPAL, PROVINCIAL AND STATE-LEVEL LEADERS IN KOREA AND THE U.S., AND EXPLORES THE IMPORTANCE THAT LOCAL LEADERSHIP PLAYS IN NATIONAL POLICIES AND INTERNATIONAL RELATIONS. THESE SPEAKERS OFFER VALUABLE INSIGHTS INTO THEIR PERSONAL AND PROFESSIONAL EXPERIENCES AND OFFER INSIGHTS TO THE FASCINATING AND OFTEN UNDER-APPRECIATED DYNAMICS AT THE REGIONAL AND LOCAL LEVELS THAT WILL SHAPE THE FUTURE OF THE U.S.-KOREA RELATIONSHIP. THE SERIES HAS FEATURED NOTABLE FIGURES INCLUDING GOVERNOR OF GYEONGGI PROVINCE DONG YEON KIM, BUSAN MAYOR PARK HEONG-JOON, AND GOVERNOR OF JEOLLANAMDO KIM YUNG-ROK. THESE THOUGHT-PROVOKING DISCUSSIONS WITH LEADERS ARE MADE ACCESSIBLE TO THE PUBLIC THROUGH ONLINE PLATFORMS, PROVIDING EASE OF ACCESS AND VIEWING. THE KOREA SOCIETY ACTIVELY LEVERAGES THESE RECIPROCAL RELATIONSHIPS WITH THE INTERVIEWEES TO PROMOTE AND STRENGTHEN ECONOMIC TIES BETWEEN THE U.S. AND KOREA.U.S-ROK NEW ECONOMIC PARADIGM: THE SERIES U.S-ROK NEW ECONOMIC PARADIGM WAS DESIGNED TO ADDRESS THE CHANGING DEVELOPMENTS OF THE U.S.-ROK'S RELATIONSHIP AS A PARTNERSHIP OF CLOSER ECONOMIC INTERDEPENDENCE. BY INVITING INDUSTRY-RENOWNED SPEAKERS ACROSS VARIOUS PUBLIC AND PRIVATE SECTORS, BUSINESS, AND ACADEMIA, THIS SERIES AIMS TO EXPLORE KEY TOPICS RANGING FROM THE STRATEGIC IMPORTANCE OF U.S.-ROK RELATIONS FROM THE BUSINESS, ECONOMIC, AND TECHNOLOGICAL ANGLES TO HOW THE U.S. AND SOUTH KOREA CAN DEEPEN ECONOMIC COOPERATION. IN 2024, WE HAVE HELD THREE EVENTS ENCOMPASSING VARIOUS ISSUES INCLUDING U.S. ELECTIONS, US-ROK TRADE AND INVESTMENT RELATIONS, AND SMART CITY INITIATIVES, DEMONSTRATING THE COMPREHENSIVE VALUE OF UPHOLDING AND CULTIVATING DEEPER ECONOMIC COOPERATION.PARTNERSHIP EVENTS: IN 2024, PARTNERSHIP EVENTS CONTINUED TO SHAPE COLLABORATION WITH DIVERSE PARTNERS OF THE KOREA SOCIETY. THESE EVENTS CONTINUE TO SERVE AS A CRUCIAL PLATFORM TO FOSTER AND REINFORCE COLLABORATION WITH ORGANIZATIONS AND PROFESSIONALS ACROSS DIVERSE SECTORS. THIS YEAR, THE KOREA SOCIETY SUCCESSFULLY FACILITATED THE CO-HOSTING OF EVENTS SUCH AS THE "PEN COMMERCE & TECHNOLOGY DEMO DAY" IN PARTNERSHIP WITH PEN VENTURES, KOREA INSTITUTE OF STARTUPS AND DEVELOPMENT, THE MINISTRY OF SMES AND STARTUPS OF SOUTH KOREA, SEOUL STARTUP HUBS, AND THE SEOUL BUSINESS AGENCY AS WELL AS THE THE 2ND "KOREAN AMERICAN NEXT-GENERATION NETWORKING EVENT" WITH ENOB. THESE EVENTS HAVE PROVEN PARTICULARLY SUCCESSFUL IN ATTRACTING YOUNG PROFESSIONALS AND STUDENTS EAGER TO LEARN FROM INDUSTRY LEADERS.TOTAL NUMBER OF PROGRAM (IN-HOUSE ONLY): 10 TOTAL REGISTRATIONS [IN-PERSON & ONLINE]: 1026 YOUTUBE VIEWS FOR PROGRAMS: 4,915 PODCAST DOWNLOADS: 2,456YOUNG PROFESSIONALS' NETWORK: IN 2024, THE YOUNG PROFESSIONALS' NETWORK (YPN) REMAINED COMMITTED TO FOSTERING LEARNING, CAREER GROWTH, AND NETWORKING FOR YOUNG PROFESSIONALS. TO SUPPORT THIS, WE HOSTED DISCUSSIONS WITH KOREAN AND KOREAN-AMERICAN INDUSTRY LEADERS, OFFERING VALUABLE INSIGHTS AND SPARKING MEANINGFUL CONVERSATIONS.THIS YEAR'S SIX PROGRAMS COVERED DIVERSE FIELDS, INCLUDING LEGAL CAREER INSIGHTS, GEN.G'S VISION FOR ESPORTS WITH CEO ARNOLD HUR, BRIDGING KOREAN CULTURE WITH ENTREPRENEURSHIP & PHILANTHROPY, HEALTHCARE PANEL, 2024 MENTORING DAY, AND BREAKING INTO UX/PRODUCT DESIGN. YPN ALSO FOCUSED ON EXPANDING AND DIVERSIFYING THE KOREA SOCIETY'S YOUNG PROFESSIONAL AND STUDENT AUDIENCE BY STRENGTHENING PARTNERSHIPS AND BROADENING OUTREACH. AS A RESULT, FOUR OF SIX PROGRAMS WERE COLLABORATIVE EFFORTS, INTRODUCING NEW AUDIENCES TO THE KOREA SOCIETY, WHILE STUDENT AND NON-MEMBER ATTENDANCE TRIPLED COMPARED TO THE PREVIOUS YEAR.TOTAL NUMBER OF PROGRAMS: 6 TOTAL REGISTRATIONS [IN-PERSON & VIRTUAL]: 907 YOUTUBE VIEWS FOR PROGRAMS: 2,270 PODCAST DOWNLOADS: 480

	(Code: ) (Expenses $ 22,175 including grants of $ ) (Revenue $ )
	CONGRESSIONAL STUDY: THE CONGRESSIONAL STUDY GROUP ON KOREA (CSGK), ESTABLISHED IN PARTNERSHIP WITH THE KOREA FOUNDATION AND THE U.S. ASSOCIATION OF FORMER MEMBERS OF CONGRESS, WAS LAUNCHED IN FEBRUARY 2018. THE SIGNATURE EVENT IS A STUDY TOUR TO KOREA, WHICH BRINGS MEMBERS OF CONGRESS TO MEET SENIOR KOREAN GOVERNMENT OFFICIALS AND OTHER HIGH-LEVEL MEETING PARTNERS TO DISCUSS KEY ISSUES THAT IMPACT THE U.S.-ROK RELATIONSHIP. THE CONGRESSIONAL STUDY GROUP ON KOREA IS MAINLY SUPPORTED BY THE KOREA FOUNDATION AND THE SOCIETY PARTNERS WITH THE ASSOCIATION FOR FORMER MEMBERS OF CONGRESS (FMC) IN WASHINGTON DC, AN ORGANIZATION THAT ALSO RUNS THE LONG-STANDING GERMAN AND JAPAN CONGRESSIONAL STUDY GROUPS.THE FIFTH ANNUAL MEMBER OF CONGRESS STUDY TOUR ORIGINALLY PLANNED FOR 2023 WAS POSTPONED TO EARLY 2024 DUE TO UNPRECEDENTED CIRCUMSTANCES IN THE UNITED STATES CONGRESS. THE FMC WAS ABLE TO SUCCESSFULLY COMPLETE ITS FIFTH STUDY TOUR TO SOUTH KOREA IN MARCH 2024 THROUGH CLOSE COLLABORATION WITH THE KOREA SOCIETY. THE CONGRESSIONAL STUDY GROUP ON KOREA BROUGHT SIX MEMBERS OF CONGRESS TO MEET PRESIDENT YOON SUK-YEOL, HIS ADMINISTRATION'S SENIOR GOVERNMENT OFFICIALS AND OTHER HIGH-LEVEL MEETING PARTNERS TO DISCUSS KEY ISSUES THAT IMPACT THE U.S.-ROK ALLIANCE. THE DELEGATION CONVENED CSGK CO-CHAIRS REP. AMI BERA (D-CA) AND REP. YOUNG KIM (R-CA) AS WELL AS REPS. CHRISSY HOULAHAN (D-PA), DAN NEWHOUSE (R-WA), DEBORAH ROSS (D-NC), AND RAUL RUIZ (R-CA) FOR A FOUR-DAY PROGRAM IN SEOUL AND BUSAN, SOUTH KOREA. THE 2024 STUDY TOUR WAS ESPECIALLY MEANINGFUL AS THE DELEGATION ARRIVED SHORTLY BEFORE THE KOREAN NATIONAL ASSEMBLY ELECTIONS, ALLOWING MEMBERS OF CONGRESS TO LEARN ABOUT THEIR COLLEAGUES' ELECTION ENVIRONMENT. FURTHERMORE, DUE TO 2024 BEING AN ELECTION YEAR IN THE UNITED STATES FOR BOTH THE CONGRESS AND PRESIDENCY, MEMBERS WERE ABLE TO COMMENT ON THE ONGOING U.S. COMMITMENT TO THE KOREAN PENINSULA ON A BIPARTISAN BASIS, REASSURING THEIR PARTNERS IN KOREA AHEAD OF U.S. ELECTIONS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 828,499 including grants of $ ) (Revenue $ 4,214 )
4e	Total program service expenses2,661,754

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) KEVIN LEE........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(19) JUN BONG LEE........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(20) MARK LIPPERT........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(21) TAMI OVERBY........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(22) WILLIAM R RHODES........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(23) WALTER SHARP........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(24) MICHAEL WOODS........................................................................ DIRECTOR	2.00 .......................	X			0	0	0
(25) THOMAS J BYRNE........................................................................ PRESIDENT AND CEO	40.00 .......................		X		303,066	0	18,234
(26) HYUN CHO........................................................................ FINANCIAL CONTROLLER	40.00 .......................			X	122,702	0	7,117

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	425,768	0	25,351

1	Briefly describe the organization’s mission or most significant activities: STRENGTHENING THE BONDS OF AWARENESS, UNDERSTANDING & COOPERATION BETWEEN THE US & KOREA.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	24
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	24
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	20
6	Total number of volunteers (estimate if necessary) .............	6	42
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b	211,271
c	Fundraising events..		1c	712,441
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	1,400,320

g	Noncash contributions included in lines 1a - 1f:$		1g	119,000

h Total. Add lines 1a-1f.......		2,324,032

		Business Code
2a	KOREAN STUDIES	900099	415,367	415,367
b	CORPORATE PROGRAMS	900099	4,214	4,214
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		419,581

3 Investment income (including dividends, interest, and othersimilar amounts) ......			990,697			990,697
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	779,080
b	Less: cost or other basis and sales expenses	7b	754,617
c	Gain or (loss)	7c	24,463
d	Net gain or (loss).........			24,463			24,463
8a	Gross income from fundraising events (not including $ 712,441of contributions reported on line 1c). See Part IV, line 18 ....
			8a	204,490
b	Less: direct expenses ...		8b	351,101
c	Net income or (loss) from fundraising events..			-146,611			-146,611
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			3,612,162	419,581	0	868,549

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	18,000	18,000
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	321,300	193,981	60,812	66,507
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	1,173,043	708,211	222,021	242,811
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	60,211	36,352	11,396	12,463
9	Other employee benefits .......	251,994	152,138	47,695	52,161
10	Payroll taxes ...........	106,077	64,043	20,077	21,957
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	27,150		27,150
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	12,875		12,875
12	Advertising and promotion ....
13	Office expenses .......	33,450	22,297	5,011	6,142
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	868,280	573,611	129,429	165,240
17	Travel ............	47,483	32,957	7,560	6,966
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	152,714	100,770	22,792	29,152
23	Insurance ...	18,534	13,041	2,514	2,979
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PROGRAM COSTS	722,910	660,030		62,880
b	CONTRIBUTED AIRLINE TIC	97,557	37,390		60,167
c	OTHER EXPENSES	60,394	40,992	7,184	12,218
d	EQUIP. RENTAL & MAINTEN	12,057	7,941	1,791	2,325
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	3,984,029	2,661,754	578,307	743,968
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			340,035	1	510,019
2	Savings and temporary cash investments .........			2,259,465	2	2,161,800
3	Pledges and grants receivable, net ......			325,234	3	50,000
4	Accounts receivable, net .............			106,278	4	26,031
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			22,914	9	29,273
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,646,404
b	Less: accumulated depreciation	10b	986,607	771,490	10c	659,797
11	Investments—publicly traded securities .			21,844,725	11	23,531,636
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			3,008,255	15	2,314,806
16	Total assets. Add lines 1 through 15 (must equal line 33)...			28,678,396	16	29,283,362

17	Accounts payable and accrued expenses .....	124,774	17	102,483
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	3,258,506	25	2,502,494
26	Total liabilities. Add lines 17 through 25..	3,383,280	26	2,604,977

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	12,546,729	27	12,597,298
28	Net assets with donor restrictions ...........	12,748,387	28	14,081,087
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	25,295,116	32	26,678,385
33	Total liabilities and net assets/fund balances ........	28,678,396	33	29,283,362