San Jose Taiko Group Inc
- Assets
- $3.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 17
- Location
- San Jose, CA
- Founding
- 05/1982
- Data as of
- 06/2023
- EIN
- 94-2801727
Organization Overview
San Jose Taiko Group Inc is located in San Jose, CA. The organization was established in 1982. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, San Jose Taiko Group Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Jose Taiko Group 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 06/2023, San Jose Taiko Group Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $756.5k during the year ending 06/2023. While expenses have increased by 4.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SAN JOSE TAIKO TEACHES, PERFORMS, AND EXPANDS THE TAIKO ART FORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCES THE ORGANIZATIONS PERFORMING COMPANY CONDUCTS DYNAMIC PRESENTATIONS OF SJTS UNIQUE STYLE OF CONTEMPORARY TAIKO, HIGHLIGHTING ITS VAST REPERTOIRE OF ORIGINAL MUSIC AND FEATURING INNOVATIVE COLLABORATIONS TO PROVIDE A BROAD REACH FOR 30,000 NATIONAL AUDIENCE MEMBERS AT OVER 130 VENUES IN A TYPICAL YEAR. PERFORMANCE LOCATIONS INCLUDE ART CENTERS, UNIVERSITIES, AND COMMUNITY VENUES ACROSS THE NATION. PERFORMANCE SETTINGS CAN INCLUDE CIVIC EVENTS, CULTURAL FESTIVALS, AND/OR IN-THEATRE CONCERTS. SOME TOUR PERFORMANCES INCLUDE A 2-TO-7-DAY RESIDENCY. THERE WAS A MODERATE INCREASE OF PROGRAM ACTIVITY DURING THE AUDIT PERIOD, THOUGH ONLY 60% OF PRE-PANDEMIC NUMBERS.
TRAINING THE ORGANIZATION PROVIDES WORKSHOPS AND CLASSES FOR TAIKO PRACTITIONERS, AND FOR STUDENTS INTERESTED IN DEVELOPING THEIR TAIKO DRUMMING SKILLS LEADING TO THE PROLIFERATION AND ADVANCEMENT OF THE ART FORM. IN ADDITION, THE ORGANIZATION CONDUCTS ONGOING TRAINING FOR ITS COMPANY MEMBERS TO CONSTANTLY BETTER THEIR TECHNICAL AND LEADERSHIP SKILLS. IN SUM, SJT TRAINING ENGAGES OVER 300 INDIVIDUALS IN A TYPICAL YEAR.
EDUCATION AND OUTREACH THE ORGANIZATION HAS AN EXTENSIVE OUTREACH PROGRAM FOR YOUTH AND ADULTS, OFFERING INTRODUCTORY WORKSHOPS, ONGOING CLASSES, AND CONTEXTUAL IN-SCHOOL ASSEMBLIES FOCUSED ON BUILDING CREATIVE EXPRESSION, SELF-ESTEEM, CULTURAL PLURALISM, AND GROUP COOPERATION THROUGH PHYSICAL AND MUSICAL ACTIVITY. THE PROGRAM REACHES OVER 25,000 PARTICIPANTS IN A TYPICAL YEAR. THIS PROGRAM SAW A RETURN TO PRE-PANDEMIC LEVELS DURING THE AUDIT PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Imperial Artistic Dir. | Officer | 40 | $73,553 |
Wisa Uemura Executive Dir. | Officer | 40 | $66,353 |
Lynda Won-Chung Chair | OfficerTrustee | 4 | $0 |
Atul Trivedi Secretary | OfficerTrustee | 4 | $0 |
Ryan Komagome Treasurer | OfficerTrustee | 4 | $0 |
Jeremy Nishihara Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $483,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $589,159 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,072,474 |
| Total Program Service Revenue | $192,829 |
| Investment income | $2,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,478 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,269,238 |
| 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. | $179,215 |
| Compensation of current officers, directors, key employees. | $26,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,996 |
| Pension plan accruals and contributions | $4,500 |
| Other employee benefits | $6,684 |
| Payroll taxes | $35,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,760 |
| Advertising and promotion | $0 |
| Office expenses | $15,424 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,980 |
| Travel | $38,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,079 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,565 |
| Insurance | $38,739 |
| All other expenses | $0 |
| Total functional expenses | $756,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,131 |
| Savings and temporary cash investments | $1,628,032 |
| Pledges and grants receivable | $347,200 |
| Accounts receivable, net | $7,800 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,834 |
| Prepaid expenses and deferred charges | $13,023 |
| Net Land, buildings, and equipment | $62,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $645,000 |
| Total assets | $3,014,206 |
| Accounts payable and accrued expenses | $10,335 |
| Grants payable | $0 |
| Deferred revenue | $10,600 |
| 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 | $20,935 |
| Net assets without donor restrictions | $2,319,250 |
| Net assets with donor restrictions | $674,021 |
| 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 | $3,014,206 |
Grants Awarded
Over the last fiscal year, San Jose Taiko Group Inc has awarded $14,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
YU AI KAI PURPOSE: GENERAL SUPPORT | $3,625 |
JAPANTOWN COMMUNITY CONGRESS OF SAN JOSE PURPOSE: GENERAL SUPPORT | $3,625 |
HOLLABACK PURPOSE: GENERAL SUPPORT | $3,625 |
ASIAN AMERICANS ADVANCING JUSTICE PURPOSE: GENERAL SUPPORT | $3,625 |