Japan-America Society Of Tennessee Inc is located in Nashville, TN. The organization was established in 2000. 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. As of 12/2022, Japan-America Society Of Tennessee Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan-America Society Of Tennessee 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 12/2022, Japan-America Society Of Tennessee Inc generated $396.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $476.8k during the year ending 12/2022. While expenses have increased by 2.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER HIGH VALUE OUTREACH INITIATIVES THAT SUSTAIN AND GROW RELATIONSHIPS, IGNITE COMMERCE, AND SECURE A VIBRANT BILATERAL ECONOMIC FUTURE FOR TENNESSEE AND JAPAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NASHVILLE CHERRY BLOSSOM FESTIVAL:THE 2022 NASHVILLE CHERRY BLOSSOM FESTIVAL WAS HELD ON APRIL 9 AT NASHVILLE PUBLIC SQUARE. THE CHERRY BLOSSOM FESTIVAL IS A FREE-TO-THE-PUBLIC, FAMILY-FRIENDLY CELEBRATION OF SPRING AND JAPANESE CULTURE AND FEATURES TRADITIONAL AND CONTEMPORARY JAPANESE MUSIC, DANCE, MARTIAL ARTS DEMONSTRATIONS, ARTS & CRAFTS, MERCHANDISE, CHILDREN'S ACTIVITIES, SUMO-SUIT WRESTLING, A COSPLAY CONTEST, A VARIETY OF JAPANESE CUISINE AND SPECIAL FESTIVAL MENUS FROM SOME OF NASHVILLE'S FAVORITE FOOD TRUCKS.
MEMPHIS JAPAN FESTIVAL:THE 2022 MEMPHIS JAPAN FESTIVAL WAS HELD ON NOVEMBER 6 AT MEMPHIS BOTANIC GARDEN. THE FESTIVAL IS A FAMILY-FRIENDLY AND INTERACTIVE EXPERIENCE OF JAPANESE CULTURE FESTIVAL HIGHLIGHTS INCLUDE TRADITIONAL AND CONTEMPORARY JAPANESE MUSIC AND DANCE, MARTIAL ARTS DEMONSTRATIONS, CULTURAL LECTURES, ARTS & CRAFTS, MERCHANDISE, CHILDREN'S ACTIVITIES, SUMO-SUIT WRESTLING, A ROVING JAPANESE CANDYMAN, TOURS OF THE JAPANESE GARDEN AND A VARIETY OF JAPANESE CUISINE FEATURING SPECIAL MENUS FROM LOCAL RESTAURANTS AND FOOD TRUCKS.
WOMEN'S LEADERSHIP FORUM & NETWORKING LUNCHEON:THE 2022 WOMEN'S LEADERSHIP FORUM & NETWORKING LUNCHEON WAS HELD ON OCTOBER 20 AT THE FRIST ART MUSEUM. THIS EVENT INCLUDED LUNCH, A TOUR OF THE ART GALLERY, NETWORKING WITH JAPAN-TENNESSEE FOCUSED PROFESSIONALS AND REMARKS FROM FOUR ACCOMPLISHED WOMEN SHARING THEIR EXPERIENCES AND THOUGHTS ABOUT WOMEN'S ECONOMIC EMPOWERMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Fedele Treasurer | OfficerTrustee | 0.5 | $0 |
Masami Tyson Board Chair | OfficerTrustee | 0.5 | $0 |
Kevin Hunsinger Board Member | Trustee | 0.5 | $0 |
Hiro Ito Board Member | Trustee | 0.5 | $0 |
Christine Karbowiak Board Member | Trustee | 0.5 | $0 |
Walt Nichols Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $295,860 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $295,860 |
Total Program Service Revenue | $66,396 |
Investment income | $22,759 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,409 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $396,424 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $20,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $193,560 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,255 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,835 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,953 |
Fees for services: Other | $16,939 |
Advertising and promotion | $13,108 |
Office expenses | $15,732 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $68,153 |
Travel | $16,537 |
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 | $0 |
Insurance | $3,615 |
All other expenses | $13,853 |
Total functional expenses | $476,756 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,579 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $26,514 |
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 | $20,256 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $604,803 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $710,152 |
Accounts payable and accrued expenses | $5,616 |
Grants payable | $0 |
Deferred revenue | $10,007 |
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 | $15,623 |
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 | $694,529 |
Total liabilities and net assets/fund balances | $710,152 |