Dallas Japanese Association Inc

Analysis

Dallas Japanese Association Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1988, 38 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 March 2023, Dallas Japanese Association Inc reported income of $259k and spending of $186k, leaving 28% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $374k to $259k (-31%), an average of -8.8% a year. The sharpest change came in the year to March 2021, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Japanese Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Produciones Contraparte Inc ($259k), Gum Tree Museum of Art Inc ($259k) and Mammoth Arts Foundation ($259k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.5m against liabilities of -$3,878, net assets of $1.5m. It reported 2 employees.