New York Aikikai Ltd is located in New York, NY. The organization was established in 1969. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, New York Aikikai Ltd employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Aikikai Ltd 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, New York Aikikai Ltd generated $583.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $524.2k during the year ending 06/2022. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
EDUCATION IN JAPANESE CULTURE AND HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION IN AIKIDO TRAINING, CULTURE, AND JAPANESE HISTORY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yoshimitsu Yamada Chief Instructor | 40 | $144,887 | |
Steven Pimsler Director | 10 | $35,200 | |
David Katz Vice President | Officer | 0 | $0 |
Sharon Dominguez President | Officer | 0 | $0 |
Kevin Kanesaka Treasurer | Officer | 0 | $0 |
Junya Nakatsugawa Secretary | Trustee | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $39,857 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,857 |
Total Program Service Revenue | $493,770 |
Investment income | $102 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $49,917 |
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 | $583,646 |
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. | $180,087 |
Compensation of current officers, directors, key employees. | $25,212 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,370 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,163 |
Payroll taxes | $15,977 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,250 |
Fees for services: Accounting | $3,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,136 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $467 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,926 |
Insurance | $18,979 |
All other expenses | $2,969 |
Total functional expenses | $524,213 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,106 |
Savings and temporary cash investments | $155,134 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $462,708 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $644,948 |
Accounts payable and accrued expenses | $2,479 |
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 | $149,900 |
Other liabilities | $2 |
Total liabilities | $152,381 |
Net assets without donor restrictions | $492,567 |
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 | $0 |
Total liabilities and net assets/fund balances | $644,948 |
Over the last fiscal year, we have identified 1 grants that New York Aikikai Ltd has recieved totaling $267.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $267 |
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