Nisei Week Foundation Inc
- Assets
- $453.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 95-4715068
Organization Overview
Nisei Week Foundation Inc is located in Los Angeles, CA. The organization was established in 1999. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nisei Week Foundation 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, Nisei Week Foundation Inc generated $74.9k 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 (22.2%) each year. All expenses for the organization totaled $52.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZING EVENTS IN THE LITTLE TOKYO AREA OF LOS ANGELES IN WHICH THE FOCUS IS HIGHLIGHTING AND PRESERVING JAPANESE CULTURE AND HERITAGE. THE EVENTS AND EXHIBITS INCLUDE DEMONSTRATIONS OF JAPANESE MUSIC, DANCE, AND SPORTS. THIS THREE-WEEK FESTIVAL IS NOT ONLY A CELEBRATION OF JAPANESE AMERICANS AND THEIR CULTURE AND HERITAGE, BUT IT RECOGNIZES PAST GENERATIONS FOR THEIR CONTRIBUTION TOWARDS IMPROVING THE COMMUNITY AND PUBLIC AWARENESS AND UNDERSTANDING OF JAPANESE AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Hara Director | 1 | $0 | |
Akiko Nishino Director | 1 | $0 | |
Mike Okamoto Director | 1 | $0 | |
Todd Odagawa Director | 1 | $0 | |
Gerald Fukui Treasurer | 2 | $0 | |
Nancy Okubo President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,628 |
| Total Program Service Revenue | $71,736 |
| Membership dues | $0 |
| Investment income | $1,538 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,902 |
| 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 | $2,010 |
| Occupancy, rent, utilities, and maintenance | $13,067 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,588 |
| Total expenses | $52,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $453,674 |
| Other assets | $0 |
| Total assets | $453,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $453,674 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nisei Week Foundation Inc has recieved totaling $35,068.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $25,000 |
Eagle Globerman & Kodama Foundation Cerrito, CA PURPOSE: L.A. JAPANESE AMERICAN | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |
San Francisco Japanese School San Francisco, CA | $7,835,658 | $4,070,640 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |
Japanese American Cultural And Community Center Los Angeles, CA | $13,866,059 | $4,524,826 |
Silicon Andhra Milpitas, CA | $6,902,831 | $4,723,243 |
Little Italy Association Of San Diego San Diego, CA | $1,240,601 | $3,253,229 |