E Nakamichi Foundation
- Assets
- $6.7m
- Revenue
- -$744.8k
- Investments
- $6.5m
- Employees
- 0
- Location
- Culver City, CA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 95-3870341
Organization Overview
E Nakamichi Foundation is located in Culver City, CA. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E Nakamichi Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, E Nakamichi Foundation has awarded 45 individual grants totaling $227,080. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yas Yamazaki CEO | 25 | $48,000 | |
Mina Yamazaki CFO | 25 | $54,000 | |
Gayle Yamazaki President | 25 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $311,312 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,059,142 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,999 |
| Total Revenue | -$744,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $18,443 |
| Interest | $0 |
| Taxes | $322 |
| Depreciation | $0 |
| Occupancy | $8,438 |
| Travel, conferences, and meetings | $32,261 |
| Printing and publications | $0 |
| Other expenses | $5,410 |
| Total operating and administrative expenses | $198,753 |
| Contributions, gifts, grants paid | $72,882 |
| Total expenses and disbursements | $271,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,974 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,676,504 |
| Accounts payable and accrued expenses | $1,467 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,467 |
Grants Awarded
Over the last fiscal year, E Nakamichi Foundation has awarded $72,882 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON YOUTH SYMPHONY PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |
HANDEL HAYDN SOCIETY PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |
PACIFIC SYMPHONY ASSOCIATION PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |
EARLY MUSIC FOUNDATION PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |
REGENTS OF UNIVERWITY OF CALIFORNIA PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |
CARNEGIE HALL PURPOSE: TO PROMOTE CLASSICAL MUSIC | $5,000 |