Nonprofit · EIN 47-2167871
PURPLE SWANS CORPORATION
Tax-exempt · MORRISTOWN, NJ 07962
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $54,317 | $41,728 | $12,589 | $136,899 | $18,337 | $118,562 |
| December 31, 2023 | 990-EZ | $42,269 | $28,061 | $14,208 | $127,243 | $16,133 | $111,110 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,882
- Membership dues
- $38,835
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $600
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $17,869
- Occupancy
- $6,240
- Printing, publications and postage
- $568
- Other expenses
- $17,051
- Program services (functional)
- $4,178
Balance sheet and other
- Total assets, start of year
- $127,243
- Total assets, end of year
- $136,899
- Total liabilities, end of year
- $18,337
- Net assets, end of year
- $118,562
- Cash, savings and investments
- $122,963
- Gross receipts
- $54,317
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lu Chu | President, Board of Directors | 40 | $0 |
| Jie Wu | Chair, Board of Directors | 30 | $0 |
| Lei Chen | Director | 20 | $0 |
| Zhen Cheng | Director | 20 | $0 |
| Jing Feng | Director | 20 | $0 |
| Na Li | Director | 20 | $0 |
| Hong Mao | Director | 20 | $0 |
| Sarah Wu | Director | 20 | $0 |
| Tiantian Zhou | Director | 20 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lu Chu | President, Board of Directors | 20 | $0 |
| Jie Wu | Chair, Board of the Directors | 15 | $0 |
| Lei Chen | Director | 10 | $0 |
| Zhen Cheng | Director | 10 | $0 |
| Jing Amy Feng | Director | 10 | $0 |
| Wenning Feng | Director | 10 | $0 |
| Hong Mao | Director | 10 | $0 |
| Sarah Wu | Director | 10 | $0 |
| Tiantian Zhou | Director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1568, MORRISTOWN, NJ 07962-1568
- In care of
- % YI HAO
- Mailing address (990-N for 2021)
- PO Box 1568, Morristown NJ 07962
- Principal officer (990-N for 2021)
- Lucy Chu, PO Box 1568, Morristowm NJ 07962
- Signed the 990-EZ
- Jennifer Shen, Treasurer
- Website
- www.purpleswans.org
Mission
The Purple Swans Corporation's mission is to enrich the community by connecting the East and the West and promoting cultural exchange through intercultural performing arts. It's objective is to create a positive impact in people's lives and promote Chinese performing arts within the community.
Program accomplishments
- Since 2018, Purple Swans and the Mental Health Association in New Jersey (MHANJ) have jointly hosted a series of Youth Mental Health First Aid programs. Through a full-day certified training course, experienced instructors provided hands-on guidance on how to support stressed youth. The program continues to be highly rated by 100% of participants. Beginning in 2022, QPR (Question, Persuade, Refer) youth suicide prevention trainings were added to offer more targeted support. Continuing this important tradition, we hosted two additional mental health training sessions in September and December 2024, marking our 6th and 7th Youth Mental Health First Aid programs. On December 13, 2024, NASDAQ honored Purple Swans on its iconic Times Square billboards, celebrating our 10 years of dedication to cultural exchange and mental health advocacy. Our tradition of performing for senior centers also resumed. On June 8, 2024, we visited Summit Senior Center to celebrate Mother's Day and Father's Day, where our performance was warmly received. In 2024, we performed across multiple towns for Lunar New Year celebrations, including Millburn, Summit, Livingston, and Westfield. We also performed on May 2, 2024 at the Pingry Asian Heritage Celebration and on September 15, 2024 at the Millburn Moon Festival Gala. We also began preparations for our once-every-three-year charity gala, scheduled for 2025.Expenses $4,178
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-2167871
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $136,899
- Income (IRS master file)
- $54,317
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $54,317 | $41,728 | $136,899 | IRS |
| 990-EZ | December 2023 | $42,269 | $28,061 | $127,243 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Lucy Chu | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Yi Hao | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Lu Chu | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2167871).
Questions about PURPLE SWANS CORPORATION
- What is the EIN of PURPLE SWANS CORPORATION?
- The employer identification number (EIN) of PURPLE SWANS CORPORATION is 47-2167871.
- Is PURPLE SWANS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PURPLE SWANS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PURPLE SWANS CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PURPLE SWANS CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PURPLE SWANS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of PURPLE SWANS CORPORATION?
- The 990-N for 2021 names Lucy Chu.
- Who are the officers and directors of PURPLE SWANS CORPORATION?
- The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PURPLE SWANS CORPORATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $54,317, expenses of $41,728 and total assets of $136,899 at year end.
Other nonprofits in MORRISTOWN
- SOUTH STREET THEATER CO INC EIN 22-3348540 · last filed 990 for 2025
- MORRIS MUSEUM INC EIN 22-1514241 · last filed 990 for 2025
- MORRIS COUNTY HISTORICAL SOCIETY EIN 22-6035573 · last filed 990 for 2025
- WASHINGTON ASSOCIATION OF NEW JERSEY EIN 22-6033913 · last filed 990 for 2024
- THE MASTERWORK CHORUS INC EIN 22-3318693 · last filed 990 for 2025
- ARTS BY THE PEOPLE INC EIN 27-1256226 · last filed 990 for 2024
- THE FOLK PROJECT EIN 22-2249977 · last filed 990-EZ for 2024
- FIRST NIGHT MORRIS INC EIN 22-3237736 · last filed 990-EZ for 2026
All nonprofits in MORRISTOWN · New Jersey · Arts, culture and humanities