Kaneko

Analysis

Kaneko is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1999, 27 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 June 2023, Kaneko reported income of $1.4m and spending of $2.1m, spending 149% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $563k to $1.4m (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 135% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kaneko sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NE. Charities of a similar size with the same main cause include Symphony Orchestra of Northwest Arkansas ($1.4m), Museum of the New South Inc ($1.4m) and Merrie Monarch Festival ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $125k (5.9% of expenses). Other salaries and wages came to $815k. At year end it held assets of $7.2m against liabilities of $308k, net assets of $6.9m. It reported 45 employees.