Japanese American Museum of San Jose

Analysis

Japanese American Museum of San Jose is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in February 1994, 32 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, Japanese American Museum of San Jose reported income of $339k and spending of $453k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $357k to $339k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 84% 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 American Museum of San Jose sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Combined Heat and Power Alliance ($339k), Missoula Ravalli Transportation Management Asssociation Inc ($339k) and Iu Mien Community Services ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 13% of the total. Other salaries and wages came to $133k. At year end it held assets of $4.4m against liabilities of $13k, net assets of $4.4m.