Japan-America Institute Of Management Science
- Assets
- $1.1m
- Revenue
- $635.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Honolulu, HI
- Founding
- 05/1972
- Data as of
- 03/2023
- EIN
- 23-7156685
Organization Overview
Japan-America Institute Of Management Science is located in Honolulu, HI. The organization was established in 1972. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 03/2023, Japan-America Institute Of Management Science employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan-America Institute Of Management Science 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 03/2023, Japan-America Institute Of Management Science generated $635.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $764.3k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
JAPAN-AMERICA INSTITUTE OF MANAGEMENT SCIENCE (JAIMS), A PIONEER IN INTERCULTURAL MANAGEMENT EDUCATION, IS A PRIVATE, NONPROFIT, POSTGRADUATE INSTITUTE. OUR MISSION IS TO CONTRIBUTE TO HUMAN CAPITAL AND COMMUNITY DEVELOPMENT IN THE ASIA-PACIFIC REGION THROUGH KNOWLEDGE CO-CREATION BY EDUCATING AND TRAINING INDIVIDUALS TO BE EFFECTIVE LEADERS IN AN INCREASINGLY INTERDEPENDENT GLOBAL SOCIETY.
Describe the Organization's Program Activity:
EDUCATIONAL PROGRAMS THAT EMPHASIZE THE QUALITIES ESSENTIAL FOR SUCCESS IN THE INTERNATIONAL ARENA: CROSS-CULTURAL SENSITIVITY, A SOLID UNDERSTANDING OF GLOBAL BUSINESS ISSUES, AND FOREIGN LANGUAGE COMPETENCY IN CONDUCTING BUSINESS. ENROLLMENT OF APPROXIMATELY 993 STUDENTS. THE ORGANIZATION RECEIVED $391,338 IN DONATED FACILITIES AND $193,445 IN DONATED SERVICES WHICH ARE PROPERLY EXCLUDED FROM FUNCTIONAL EXPENSES REPORTED IN PART IX. 24.89% OF THE DONATED FACILITIES AND 50% OF THE DONATED SERVICES ARE USED FOR PROGRAM EXPENSES. WITH THE INCLUSION OF THESE DONATED COSTS, PROGRAM SERVICES EXPENSE AMOUNTS TO 33% OF TOTAL EXPENSE. THE PROGRAM EXPENSE PERCENTAGE WAS DOWN SEVERELY AS COMPARED TO PRIOR YEARS DUE TO PROGRAMS BEING CANCELED BECAUSE OF THE COVID-19 PANDEMIC.
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 |
|---|---|---|---|
H David Bess Trustee | Trustee | 1 | $200 |
Sherry Menor-Mcnamara Trustee | Trustee | 1 | $200 |
Hidenori Furuta President, Chairman | OfficerTrustee | 1 | $0 |
Scott Trevor Davis Trustee | Trustee | 1 | $0 |
Yumiko Kajiwara Trustee | Trustee | 1 | $0 |
Kazuyuki Akino Vp, Treasurer & Secretary | Officer | 32 | $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 | $600,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600,000 |
| Total Program Service Revenue | $18,758 |
| Investment income | $7,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,630 |
| Net Gain/Loss on Asset Sales | $1,427 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $635,178 |
| 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 | $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 | $220,311 |
| Pension plan accruals and contributions | $6,316 |
| Other employee benefits | $44,220 |
| Payroll taxes | $17,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,779 |
| Fees for services: Accounting | $55,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,863 |
| Advertising and promotion | $1,106 |
| Office expenses | $5,556 |
| Information technology | $12,362 |
| Royalties | $0 |
| Occupancy | $113,869 |
| Travel | $1,613 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,628 |
| Insurance | $12,531 |
| All other expenses | $667 |
| Total functional expenses | $764,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,920 |
| Savings and temporary cash investments | $339,729 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,210 |
| 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 | $19,508 |
| Net Land, buildings, and equipment | $172,442 |
| Investments—publicly traded securities | $493,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,688 |
| Total assets | $1,077,571 |
| Accounts payable and accrued expenses | $51,645 |
| 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 | $0 |
| Total liabilities | $51,645 |
| Net assets without donor restrictions | $552,832 |
| Net assets with donor restrictions | $473,094 |
| 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 | $1,077,571 |