Nippon Kan
- Assets
- $274.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 04/1989
- Data as of
- 12/2021
- EIN
- 84-1097853
Organization Overview
Nippon Kan is located in Denver, CO. The organization was established in 1989. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Nippon Kan 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 12/2021, Nippon Kan generated $64.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $66.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
NIPPON KAN IS A UNIQUE AND INSPIRATIONAL ORGANIZATION DEDICATED TO CULTURAL EXCHANGE, CULTURAL AWARENESS AND HUMANITARIAN ASSISTANCE WORLD-WIDE. NIPPON KAN WAS BUILT ON THE TRADITION OF THE NON-VIOLENT JAPANESE MARTIAL ART OF AIKIDO AND CURRENTLY SERVES THE COMMUNITY BY PROVIDING AUTHENTIC HISTORICAL AND CULTURAL ACCESS TO JAPAN THROUGH THE CENTER. NIPPON KAN HAS A DOMESTIC COMMUNITY SERVICE PROGRAM AND AN INTERNATIONAL CHARITABLE ASSISTANCE PROGRAM FOR CHILDREN IN DEVELOPING COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Pazmino President | 2 | $0 | |
Hien Pham Vice Preside | 2 | $0 | |
San Ong Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,812 |
| Total Program Service Revenue | $17,845 |
| Membership dues | $0 |
| Investment income | $30,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,845 |
| Occupancy, rent, utilities, and maintenance | $10,386 |
| Printing, publications, postage, and shipping | $496 |
| Other expenses | $40,551 |
| Total expenses | $66,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,989 |
| Other assets | $0 |
| Total assets | $274,036 |
| Total liabilities | $92,822 |
| Net assets or fund balances | $181,214 |
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