Japan America Society Of Chicago Inc is located in Chicago, IL. 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 America Society Of Chicago Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan America Society Of Chicago 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 America Society Of Chicago Inc generated $554.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $412.6k 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
TO PROMOTE UNDERSTANDING & COOPERATION BETWEEN THE PEOPLE OF THE US AND JAPAN BY SERVING AS A FORUM FOR THE EXCHANGE OF IDEAS & INFO REGARDING ECONOMIC, POLITICAL, CULTURAL ISS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE, MEETINGS, AND EVENTS TO PROMOTE AND IMPROVE JAPAN-U.S. RELATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mitsukuni Baba Executive Director | OfficerTrustee | 0 | $92,792 |
Yasushi Kubo Treasurer | OfficerTrustee | 0 | $0 |
Stephen N Potter Chairman | OfficerTrustee | 0 | $0 |
John Bukacek Secretary | OfficerTrustee | 0 | $0 |
Mari Yamamoto Regnier Executive Vice President | OfficerTrustee | 0 | $0 |
Michael H Moskow Chairman Emeritus | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $104,771 |
Fundraising events | $7,000 |
Related organizations | $0 |
Government grants | $40,822 |
All other contributions, gifts, grants, and similar amounts not included above | $261,949 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $414,542 |
Total Program Service Revenue | $67,880 |
Investment income | $18,548 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $35,166 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $554,456 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
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. | $191,262 |
Compensation of current officers, directors, key employees. | $19,126 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,935 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,613 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,967 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $65,039 |
Travel | $163 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $53,279 |
Interest | $1,311 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,940 |
Insurance | $5,597 |
All other expenses | $0 |
Total functional expenses | $412,590 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $188,402 |
Savings and temporary cash investments | $14,537 |
Pledges and grants receivable | $26,445 |
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 | $32,605 |
Net Land, buildings, and equipment | $13,823 |
Investments—publicly traded securities | $0 |
Investments—other securities | $811,659 |
Investments—program-related | $41,215 |
Intangible assets | $0 |
Other assets | $7,808 |
Total assets | $1,136,494 |
Accounts payable and accrued expenses | $36,659 |
Grants payable | $0 |
Deferred revenue | $123,330 |
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 | $15,219 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $132,580 |
Total liabilities | $307,788 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $828,706 |
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 | $1,136,494 |
Over the last fiscal year, we have identified 4 grants that Japan America Society Of Chicago Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Jccc Foundation Chicago, IL PURPOSE: PROGRAM SUPPORT | $10,000 |
Stephen N And Ann S Potter Fam Foundation Chicago, IL PURPOSE: GENERAL | $2,500 |
Weston Family Foundation Naples, FL PURPOSE: UNRESTRICTED | $2,000 |
David & Colleen Anderson Charitable Foundation Rockford, IL PURPOSE: CULTURAL | $500 |
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Acled Grafton, WI | $4,859,421 | $7,782,981 |
Henry M Paulson Jr Institute Chicago, IL | $21,567,967 | $6,055,335 |
Friends Of Elnet Skokie, IL | $4,365,191 | $6,109,452 |
Cure Violence Global Chicago, IL | $1,002,868 | $3,682,549 |
Tutapona Inc New Richmond, WI | $314,316 | $1,024,140 |
Gilloury Institute Chicago, IL | $2,334,773 | $1,553,904 |
Kentucky Institute For International Studies Inc Bowling Green, KY | $370,143 | $326,565 |
Middle East Cultural And Charitable Society Chicago, IL | $731,936 | $593,344 |
Iowa Council For International Understanding Des Moines, IA | $94,867 | $504,179 |
Japan America Society Of Chicago Inc Chicago, IL | $1,136,494 | $554,456 |
Global Ties Kc Inc Kansas City, MO | $457,247 | $330,597 |
Damou Christian Mission Inc Noblesville, IN | $87,496 | $351,282 |