Japanese Cultural Center Tea House & Gardens of Saginaw Inc

Analysis

Japanese Cultural Center Tea House & Gardens of Saginaw Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in October 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Japanese Cultural Center Tea House & Gardens of Saginaw Inc reported income of $207k and spending of $109k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $207k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japanese Cultural Center Tea House & Gardens of Saginaw Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Lucky Plush Productions ($207k), Virginia Center for the Creativearts Abroad Inc ($207k) and Sequim Community Broadcasting ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $22k (20% of expenses). At year end it held assets of $495k against liabilities of $24k, net assets of $471k. It reported 5 employees.