Japan Society Inc
- Assets
- $91.8m
- Revenue
- $10.5m
- Investments
- $3.0m
- Employees
- 90
- Location
- New York, NY
- Founding
- 11/1952
- Data as of
- 06/2021
- EIN
- 13-1675082
Organization Overview
Japan Society Inc is located in New York, NY. The organization was established in 1952. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Japan Society Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Japan Society Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $10.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEADING U.S. ORGANIZATION COMMITTED TO DEEPENING MUTUAL UNDERSTANDING BETWEEN U.S. AND JAPAN
Describe the Organization's Program Activity:
MEDIA AND MARKETING: (SEE SCHEDULE O)
GALLERY: (SEE SCHEDULE O)
LANGUAGE CENTER: (SEE SCHEDULE O)
PERFORMING ARTS, BUSINESS AND POLICY, FILM, EDUCATION, MEMBERSHIP, TALKS+, AND JAPAN EARTHQUAKE RELIEF FUND.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua W Walker PHD President & CEO | OfficerTrustee | 40 | $597,244 |
Motoatsu Sakurai President Emeritus | Officer | 40 | $350,247 |
Lisa Bermudez Executive Vice President | Officer | 40 | $228,043 |
Gregory Corsico VP Of Development | 40 | $175,606 | |
John Agapito Dir. Of Building Services | 40 | $170,514 | |
Yoko Shioya Artistic Director | 40 | $155,819 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ssi(us) Inc Executive Recruiter Fee | 6/29/19 | $138,563 |
Global Entertainment Supply Stage Rental | 6/29/19 | $101,835 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $274,357 |
| Fundraising events | $1,088,784 |
| Related organizations | $0 |
| Government grants | $1,265,134 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,752,850 |
| Noncash contributions included in lines 1a–1f | $39,846 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,381,125 |
| Total Program Service Revenue | $1,203,962 |
| Investment income | $2,136,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| Net Gain/Loss on Asset Sales | $1,689,448 |
| Net Income from Fundraising Events | $82,920 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $560 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,515,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $304,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $887,934 |
| Compensation of current officers, directors, key employees. | $172,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,254,538 |
| Pension plan accruals and contributions | $316,286 |
| Other employee benefits | $939,235 |
| Payroll taxes | $347,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,027 |
| Fees for services: Accounting | $56,988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $157,824 |
| Fees for services: Other | $674,060 |
| Advertising and promotion | $22,736 |
| Office expenses | $240,254 |
| Information technology | $93,104 |
| Royalties | $0 |
| Occupancy | $150,412 |
| Travel | $9,443 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,631 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $622,004 |
| Insurance | $146,011 |
| All other expenses | $8,310 |
| Total functional expenses | $10,181,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,687,577 |
| Savings and temporary cash investments | $780,080 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $28,925 |
| Prepaid expenses and deferred charges | $81,406 |
| Net Land, buildings, and equipment | $6,635,046 |
| Investments—publicly traded securities | $78,180,062 |
| Investments—other securities | $3,036,797 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $346,939 |
| Total assets | $91,776,832 |
| Accounts payable and accrued expenses | $751,877 |
| Grants payable | $0 |
| Deferred revenue | $274,357 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $903,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,929,434 |
| Net assets without donor restrictions | $21,000,374 |
| Net assets with donor restrictions | $68,847,024 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,776,832 |
Grants Recieved
Over the last fiscal year, we have identified 30 grants that Japan Society Inc has recieved totaling $771,561.
| Awarding Organization | Amount |
|---|---|
Chris A Wachenheim Foundation Purchase, NY PURPOSE: GENERAL PURPOSE | $175,000 |
Starr Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $60,054 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $55,929 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $55,929 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $55,000 |
Endowment Analysis
| Beg. Balance | $65,473,446 |
| Earnings | $9,370,710 |
| Net Contributions | $1,712,669 |
| Other Expense | -$1,895,659 |
| Ending Balance | $78,452,484 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Ireland Fund Boston, MA | $28,715,910 | $22,675,949 |
Japan Society Inc New York, NY | $91,776,832 | $10,515,982 |
Kutztown University Foundation Kutztown, PA | $74,779,996 | $14,561,087 |
French Institute-Alliance Francaise New York, NY | $24,965,114 | $8,095,199 |
Center For Jewish History Inc New York, NY | $52,466,984 | $9,804,079 |
Japanese Childrens Society Inc Englewood Cliffs, NJ | $6,760,346 | $7,633,011 |
National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
Greater Philadelphia Falun Dafa Association Philadelphia, PA | $1,063,316 | $4,579,656 |
The Workmens Circle Arbeter Ring Incorporated New York, NY | $40,155,204 | $3,248,855 |