Odaiko New England Inc
- Assets
- $151.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, MA
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 30-0274483
Organization Overview
Odaiko New England Inc is located in Somerville, MA. The organization was established in 2004. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Odaiko New England 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 12/2023, Odaiko New England Inc generated $113.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $95.0k during the year ending 12/2023. While expenses have increased by 10.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023, ODAIKO NEW ENGLAND'S ACTIVITIES INCLUDED THE FOLLOWING: 1) PERFORMANCES (NOT INCLUDING SCHOOLS): ODAIKO NEW ENGLAND PRESENTED 24 IN-PERSON PERFORMANCES, REACHING (APPROXIMATELY) 5900 AUDIENCE MEMBERS THROUGHOUT THE NEW ENGLAND AREA. 2) SCHOOL-BASED ASSEMBLIES: ODAIKO NEW ENGLAND PRESENTED 27 IN-PERSON SCHOOL-BASED LECTURE DEMONSTRATIONS, REACHING (APPROXIMATELY) 5125 STUDENTS THROUGHOUT THE NEW ENGLAND AREA. 3) WORKSHOPS: ODAIKO NEW ENGLAND TAUGHT 12 IN-PERSON TAIKO WORKSHOPS REACHING (APPROXIMATELY) 120 PARTICIPANTS. ODAIKO NEW ENGLAND ALSO TAUGHT 2 VIRTUAL ON-LINE WORKSHOPS, REACHING 16 INDIVIDUALS VIRTUALLY.4) CLASSES: ODAIKO NEW ENGLAND TAUGHT IN-PERSON RECREATIONAL TAIKO CLASSES FOR 42 WEEKS REACHING 50 PARTICIPANTS. 5) OTHER ACTIVITIES: ODAIKO NEW ENGLAND HAD 96 IN-PERSON MEMBER REHEARSALS. IT HOSTED 5 IN-PERSON AND 3 VIRTUAL PERFORMING MEMBER MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Jurow President | 4 | $0 | |
Sheilarae Lau Secretary | 4 | $0 | |
Elaine Fong Treasurer | 10 | $0 | |
Lillian Sober Ain Director | 4 | $0 | |
Ashley Freeman Director | 4 | $0 | |
Junko Kobayashi Artistic And Managing Dire | 35 | $54,528 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,936 |
| Total Program Service Revenue | $82,026 |
| Membership dues | $0 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,998 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,528 |
| Professional fees and other payments to independent contractors | $9,766 |
| Occupancy, rent, utilities, and maintenance | $14,189 |
| Printing, publications, postage, and shipping | $237 |
| Other expenses | $16,255 |
| Total expenses | $94,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,757 |
| Other assets | $0 |
| Total assets | $151,769 |
| Total liabilities | $10,750 |
| Net assets or fund balances | $141,019 |