Japan Society Of Boston Inc
- Assets
- $437.1k
- Revenue
- $522.5k
- Investments
- $0.0
- Employees
- 32
- Location
- Boston, MA
- Founding
- 04/1960
- Data as of
- 06/2022
- EIN
- 04-2692275
Organization Overview
Japan Society Of Boston Inc is located in Boston, MA. The organization was established in 1960. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Japan Society Of Boston Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan Society Of Boston 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 Society Of Boston Inc generated $522.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $497.8k 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
JAPAN SOCIETY OF BOSTON IS A PRIVATE, NON-PROFIT 501(C)(3) ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS PROMOTING UNDERSTANDING AND COOPERATION BETWEEN JAPAN AND THE NEW ENGLAND STATE. JAPAN SOCIETY SERVES AS A BRIDGE AND PROGRAMMING NEXUS FOR A NETWORK OF INDIVIDUALS, CULTURAL AND ACADEMIC INSTITUTIONS, AND BUSINESS AND FINANCIAL FIRMS, LINKED TOGETHER BY A STRONG INTEREST IN JAPAN AND A SHARED RECOGNITION OF THE IMPORTANCE OF THE US-JAPAN RELATIONSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yuko Handa Executive Director | Trustee | 40 | $100,000 |
William W Hunt Chairman | Trustee | 5 | $0 |
John A Shane Vice Chairman | Trustee | 2 | $0 |
Toby Rodes Director Treasurer | Trustee | 2 | $0 |
Naoko Takayanagi Director | Trustee | 40 | $46,988 |
Todd Guild Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,265 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,697 |
| Noncash contributions included in lines 1a–1f | $2,472 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $372,962 |
| Total Program Service Revenue | $168,277 |
| Investment income | $4,339 |
| 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 | $522,477 |
| 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. | $146,988 |
| Compensation of current officers, directors, key employees. | $51,446 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,828 |
| Advertising and promotion | $2,649 |
| Office expenses | $6,835 |
| Information technology | $20,978 |
| Royalties | $0 |
| Occupancy | $3,224 |
| Travel | $44,477 |
| 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 | $852 |
| Insurance | $2,716 |
| All other expenses | $11,606 |
| Total functional expenses | $497,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,903 |
| Savings and temporary cash investments | $243,014 |
| Pledges and grants receivable | $62,015 |
| 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 | $3,188 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $437,120 |
| Accounts payable and accrued expenses | $103,937 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $103,937 |
| 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 | $333,183 |
| Total liabilities and net assets/fund balances | $437,120 |