Japan America Society of Minnesota

Analysis

Japan America Society of Minnesota is a registered charity in United States, based in Saint Louis Park, MN. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Japan America Society of Minnesota reported income of $95k and spending of $117k, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $207k to $95k (-54%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japan America Society of Minnesota sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Tred Avon Players Inc ($95k), Southwestern Association for Clinical Microbiology Inc ($95k) and Perform 4 Purpose Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 26% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.