Japan-America Society Of Tennessee Inc
- Assets
- $931.7k
- Revenue
- $283.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Nashville, TN
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 62-1797389
Organization Overview
Japan-America Society Of Tennessee Inc is located in Nashville, TN. The organization was established in 2000. 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 12/2021, Japan-America Society Of Tennessee 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 Tennessee 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 12/2021, Japan-America Society Of Tennessee Inc generated $283.2k 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 (4.5%) each year. All expenses for the organization totaled $299.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER HIGH VALUE OUTREACH INITIATIVES THAT SUSTAIN AND GROW RELATIONSHIPS, IGNITE COMMERCE, AND SECURE A VIBRANT BILATERAL ECONOMIC FUTURE FOR TENNESSEE AND JAPAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENNESSEE-JAPAN FORUM / ANNUAL MEETING:THE 2021 TENNESSEE-JAPAN FORUM / ANNUAL MEETING WAS A SERIES OF VIRTUAL EVENTS HELD ON MARCH 4, 9, AND 11. "GETTING TO KNOW YOU: JAPANESE PERSPECTIVES ON LIFE IN TENNESSEE" WAS A REGIONAL ROUNDTABLE DISCUSSION FEATURING LONGSTANDING JAPANESE COMMUNITY LEADERS SHARING THEIR EXPERIENCES IN OUR STATE. FOR "GETTING TO KNOW YOU: TENNESSEE-JAPAN SISTER CITIES," LEADERS OF TENNESSEE SISTER CITIES ORGANIZATIONS DISCUSSED THEIR HISTORIES, SUCCESSFUL INITIATIVES AND FUTURE PLANS. JAST WELCOMED CONSUL-GENERAL OF JAPAN IN NASHVILLE KAYOKO FUKUSHIMA AND BILL LEE, GOVERNOR OF TENNESSEE, WITH BILL HAGERTY, U.S. SENATOR FOR TENNESSEE, AND A PANEL OF JAST ALLIES AND PARTNERS FOR "PERSPECTIVES ON RESILIENCE AND REVIVAL: THE FUTURE OF JAPAN - U.S. RELATIONS & EXPANDING TENNESSEE'S REACH" IN THE FIRST JAST VIRTUAL-FORMAT TENNESSEE-JAPAN FORUM / ANNUAL MEETING.
MEMPHIS JAPAN FESTIVAL:THE MEMPHIS JAPAN FESTIVAL WAS HELD ON NOVEMBER 7 AT MEMPHIS BOTANIC GARDEN. THE FESTIVAL WAS A FAMILY-FRIENDLY AND INTERACTIVE EXPERIENCE OF JAPANESE CULTURE. FESTIVAL HIGHLIGHTS INCLUDED TRADITIONAL AND CONTEMPORARY JAPANESE MUSIC AND DANCE, MARTIAL ARTS DEMONSTRATIONS, CULTURAL LECTURES, ARTS & CRAFTS, MERCHANDISE, CHILDREN'S ACTIVITIES, SUMO-SUIT WRESTLING, A ROVING JAPANESE CANDYMAN, TOURS OF THE JAPANESE GARDEN, AND A VARIETY OF JAPANESE CUISINE FEATURING SPECIAL MENUS FROM LOCAL RESTAURANTS AND FOOD TRUCKS.
WOMEN'S LEADERSHIP FORUM & NETWORKING LUNCHEON:THE WOMEN'S LEADERSHIP FORUM & NETWORKING LUNCHEON WAS HELD ON DECEMBER 3 AT THE TENNESSEE STATE MUSEUM. THIS EVENT INCLUDED LUNCH, A TOUR OF THE MUSEUM, NETWORKING WITH JAPAN-TENNESSEE FOCUSED PROFESSIONALS, AND REMARKS FROM THREE ACCOMPLISHED WOMEN SHARING THEIR EXPERIENCES WITH U.S.-JAPAN RELATIONS AND THE REALIZATION OF THEIR PROFESSIONAL DREAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Fedele Treasurer | OfficerTrustee | 0.5 | $0 |
Masami Tyson Board Chair | OfficerTrustee | 0.5 | $0 |
Norio Mitsubayshi Vice Chair | OfficerTrustee | 0.5 | $0 |
Lori Odom Secretary | OfficerTrustee | 0.5 | $0 |
Bob Booker Immediate Past Chair | OfficerTrustee | 0.5 | $0 |
Kevin Hunsinger Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,907 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,795 |
| Total Program Service Revenue | $70,521 |
| Investment income | $16,854 |
| 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 | $283,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| 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 | $129,896 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,337 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,274 |
| Fees for services: Other | $13,440 |
| Advertising and promotion | $1,967 |
| Office expenses | $6,876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,027 |
| Travel | $3,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $208 |
| All other expenses | $11,809 |
| Total functional expenses | $299,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,565 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $28,437 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $4,790 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $803,879 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $931,671 |
| Accounts payable and accrued expenses | $2,784 |
| Grants payable | $0 |
| Deferred revenue | $25,734 |
| 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 | $28,518 |
| 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 | $903,153 |
| Total liabilities and net assets/fund balances | $931,671 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Japan-America Society Of Tennessee Inc has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
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