North American Folk Music And Dance Alliance Inc
- Assets
- $86.6k
- Revenue
- $76.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/1996
- Data as of
- 06/2023
- EIN
- 20-0644377
Organization Overview
North American Folk Music And Dance Alliance Inc, operating under the name Odaiko Sonora, is located in Tucson, AZ. The organization was established in 1996. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Odaiko Sonora 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 06/2023, Odaiko Sonora generated $76.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $64.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ODAIKO SONORA RHYTHM INDUSTRY (OSRI) IS A CULTURAL HERITAGE ARTS AND EDUCATION AGENCY THAT ENGAGES PEOPLE THROUGHOUT SOUTHERN ARIZONA THROUGH DIRECT EXPERIENCES WITH TAIKO (JAPANESE DRUMMING). (SEE SCH O FOR COMPLETE STATEMENT.)
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY23 WE WERE ABLE TO REBUILD PERFORMANCE NUMBERS, RENTAL INCOME, AND INSTRUCTIONAL PROGRAMS TO PRE-PANDEMIC LEVELS. WE EXPANDED SERVICE TO THE NATIONAL TAIKO COMMUNITY, BECOMING REGIONAL AMBASSADORS TO THE TAIKO COMMUNITY ALLIANCE AND SERVING AS JUDGES IN THE 2ND INTERNATIONAL TAIKO TAIKAI IN L.A. WE PURSUED ARTISTIC GROWTH THROUGH THE I-10 TAIKO PROJECT, A COLLABORATION WITH PHOENIX TAIKO PLAYERS, AND TRAVELED TO TRAIN AND PERFORM, AGAIN, ALMOST AT PRE-PANDEMIC LEVELS. A MAJOR AREA OF DEVELOPMENT IS WITH OUR FACILITY, RHYTHM INDUSTRY PERFORMANCE FACTORY, WITH FANCING, PAINTING, UPGRADED AUDIO AND MORE. OUR MEMBERSHIP AND STUDENTSHIP CONSISTS OF ABOUT 40 PEOPLE. OUR LILLIAN CAVETT ELEMENTARY SCHOOL PROGRAM SERVES ABOUT 600 CHILDREN/YOUTH AND TEACHERS. OUR OTHER INSTRUCTIONAL PROGRAMS SERVE ABOUT 200 PEOPLE. OUR AUDIENCE FOR PERFORMANCES IS ABOUT 175,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sydney Takigawa Logistiacl Support | Trustee | 0.25 | $0 |
Makoto Takigawa Director | Trustee | 0.25 | $0 |
Kerrie Green Secretary | Officer | 0.25 | $0 |
Ian Boelts President | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,315 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,315 |
| Total Program Service Revenue | $7,322 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,864 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $910 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,480 |
| Advertising and promotion | $4,355 |
| Office expenses | $124 |
| Information technology | $197 |
| Royalties | $0 |
| Occupancy | $8,060 |
| Travel | $3,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,826 |
| Insurance | $9,667 |
| All other expenses | $2,379 |
| Total functional expenses | $64,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,426 |
| Savings and temporary cash investments | $10,023 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $86,581 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,793 |
| Total liabilities | $3,793 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $82,788 |
| Total liabilities and net assets/fund balances | $86,581 |