Nippon Kan is located in Denver, CO. The organization was established in 1989. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nippon Kan 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 12/2022, Nippon Kan generated $70.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $77.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NIPPON KAN IS A UNIQUE AND INSPIRATIONAL ORGANIZATION DEDICATED TO CULTURAL EXCHANGE, CULTURAL AWARENESS AND HUMANITARIAN ASSISTANCE WORLD-WIDE. NIPPON KAN WAS BUILT ON THE TRADITION OF THE NON-VIOLENT JAPANESE MARTIAL ART OF AIKIDO AND CURRENTLY SERVES THE COMMUNITY BY PROVIDING AUTHENTIC HISTORICAL AND CULTURAL ACCESS TO JAPAN THROUGH THE CENTER. NIPPON KAN HAS A DOMESTIC COMMUNITY SERVICE PROGRAM AND AN INTERNATIONAL CHARITABLE ASSISTANCE PROGRAM FOR CHILDREN IN DEVELOPING COUNTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Pazmino President | 2 | $0 | |
Hien Pham Vice Preside | 2 | $0 | |
San Ong Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,546 |
Total Program Service Revenue | $13,265 |
Membership dues | $0 |
Investment income | $30,000 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $25,000 |
Total Revenue | $70,896 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $15,087 |
Occupancy, rent, utilities, and maintenance | $22,438 |
Printing, publications, postage, and shipping | $62 |
Other expenses | $39,805 |
Total expenses | $77,392 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $117,171 |
Other assets | $0 |
Total assets | $267,240 |
Total liabilities | $92,522 |
Net assets or fund balances | $174,718 |