Chinese New Year Festival Committer
Public records raise at least one point you should look into before giving.
What it says it does
TO EDUCATE THE GENERAL PUBLIC OF CHINESE CULTURE IN ORDER TO PROMOTE AND IMPROVE THE BUSINESS CONDITIONS WITHIN THE CHINESE COMMUNITY IN THE SAN FRANCISCO BAY AREA AND WORLDWIDE.
- Income
- $3.1 million
- Spending
- $2.6 million
- Employees
- 3
- Highest pay
- $131,277, boardmember
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.4 million spent. SAN FRANCISCO CHINESE NEW YEAR PARADE:HELD APPROXIMATELY TWO WEEKS FOLLOWING THE FIRST DAY OF THE CHINESE LUNAR NEW YEAR. IT IS ONE OF THE GRANDEST NIGHTTIME ILLUMINATED PARADES IN THE U.S.; THE OLDEST AND THE BIGGEST CELEBRATION OF ASIAN CULTURE OUTSIDE OF ASIA.STARTED IN THE EARLY 1900'S AS A MEANS TO EDUCATE THE COMMUNITY ABOUT CHINESE CULTURE.
- $512,035 spent. MISS CHINATOWN USA PAGEANT & CORONATION BALL:THE MISS CHINATOWN USA PAGEANT, BASED IN CHINESE COMMUNITIES WITHIN THE U.S., GREETS DELEGATES AROUND THE COUNTRY. THE PAGEANT HAS BEEN AN ANNUAL LUNAR NEW YEAR EVENT SINCE THE EARLY 1950'S.WINNERS OF THE PAGEANT ARE AWARDED SCHOLARSHIPS, REPRESENT THE CHINESE COMMUNITY, AND ACT AS GOODWILL AMBASSADORS PROMOTING CHINESE CULTURE AND HERITAGE.
- $243,850 spent. CHINESE NEW YEAR STREET FAIR:THE ANNUAL TWO-DAY CHINESE NEW YEAR COMMUNITY STREET FAIR HELD IN CONJUNCTION WITH THE ANNUAL NEW YEAR PARADE. THIS COMMUNITY FAIR OFFERS SIGHTS AND SOUNDS OF THE SF EXHILARATING CHINATOWN WITH OVER 120 BOOTHS AND CONCESSIONS, AND TRADITIONAL AND MODERN ENTERTAINMENT PERFORMANCES SUCH AS CHINESE FOLK DANCING, ACROBATICS, LION DANCING, & ETC.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.