Japan-America Society Of Indiana Inc
- Assets
- $575.2k
- Revenue
- $198.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 02/1989
- Data as of
- 06/2022
- EIN
- 35-1747168
Organization Overview
Japan-America Society Of Indiana Inc is located in Indianapolis, IN. The organization was established in 1989. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Japan-America Society Of Indiana Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan-America Society Of Indiana 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 06/2022, Japan-America Society Of Indiana Inc generated $198.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $455.2k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE GOODWILL BETWEEN THE PEOPLE OF INDIANA AND THE PEOPLE OF JAPAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL AND EDUCATIONAL PROGRAMS INTENDED TO PROMOTE IMPROVED UNDERSTANDING AND AWARENESS OF THE CULTURAL VALUES AND LIFESTYLES OF JAPANESE AND AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Kulczak Ex-Officio, Exec Director | Officer | 40 | $120,208 |
Pete Morse Secretary | OfficerTrustee | 1 | $0 |
Kevin Hipskind Treasurer | OfficerTrustee | 1 | $0 |
Jim Riggs President | OfficerTrustee | 1 | $0 |
Leah Curry Honorary Senior Vice President | OfficerTrustee | 1 | $0 |
Shuji Onizawa Honorary Senior Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $108,685 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,283 |
| Total Program Service Revenue | $16,427 |
| Investment income | $1,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,282 |
| 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. | $140,981 |
| Compensation of current officers, directors, key employees. | $28,196 |
| Compensation to disqualified persons | $83,346 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $16,200 |
| Other employee benefits | $5,742 |
| Payroll taxes | $13,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,551 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,014 |
| Advertising and promotion | $0 |
| Office expenses | $30,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,853 |
| Travel | $9,718 |
| 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 | $13,893 |
| Insurance | $15,417 |
| All other expenses | $79 |
| Total functional expenses | $455,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,370 |
| Savings and temporary cash investments | $311,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,998 |
| 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 | $7,589 |
| Net Land, buildings, and equipment | $108,091 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $575,214 |
| Accounts payable and accrued expenses | $28,976 |
| Grants payable | $0 |
| Deferred revenue | $85,000 |
| 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 | $113,976 |
| Net assets without donor restrictions | $237,935 |
| Net assets with donor restrictions | $223,303 |
| 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 | $575,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope International Development Agency Chicago, IL | $184,114 | $7,216,048 |
Japan-America Society Of Indiana Inc Indianapolis, IN | $575,214 | $198,282 |
Richland Center Santa Teresa Sister City Project Richland Center, WI | $119,072 | $0 |
Madison International Partners Inc Madison, WI | $217,126 | $118,133 |
Sister Cities Of Louisville Inc Louisville, KY | $48,955 | $0 |
East Asia Foundation Springfield, MO | $10,690 | $0 |
Peking University Center In Chicago Chicago, IL | $44,022 | $0 |
Riverside International Friendship Gardens Inc La Crosse, WI | $361,225 | $0 |
Rheinischer Verein Inc Chicago, IL | $128,121 | $12,115 |
Dave Hefner International Exchange Fund Inc Fort Wayne, IN | $12,725 | $0 |
Cultures In Harmony Inc Indianapolis, IN | $0 | $0 |