Japan Society Inc
Japan Society Inc reports fluctuating revenues and expenses, with a deficit in 2023, while maintaining substantial assets and no reported officer compensation.
EIN: 131675082 · New York, NY · NTEE: A230 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.6M |
| Total Expenses | $13.7M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $80 |
| Net Assets | $74.3M |
| Transparency Score | 75/100 |
Is Japan Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Japan Society Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Japan Society Inc
Japan Society Inc (EIN: 131675082) is a nonprofit organization based in New York, NY, classified under NTEE code A230. The organization reported total revenue of $26.6M and total assets of $79.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Japan Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Japan Society Inc is a large nonprofit that has been operating for 74 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $13.7M |
| Surplus / Deficit | $-3,460,426 |
| Total Assets | $75.4M |
| Total Liabilities | $1.0M |
| Net Assets | $74.3M |
| Operating Margin | -33.7% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 65.9 months |
Financial Health Grade: B
In 2023, Japan Society Inc reported a deficit of $3.5M with expenses exceeding revenue, holds 65.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Japan Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.0% | +16.9% | +1.8% |
| 2022 | +65.5% | +15.4% | -19.3% |
| 2021 | +7.1% | -12.1% | +21.3% |
| 2020 | -13.1% | +7.1% | -3.0% |
| 2019 | -5.8% | -7.0% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1952 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Japan Society Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Japan Society Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with assets nearing $80 million. This suggests that executive compensation may be reported under different categories or that the highest-paid individuals are not classified as officers for 990 purposes, requiring deeper scrutiny of the full filing for clarity on leadership remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Japan Society Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and requires further investigation into executive pay disclosure.
- Operational deficit in 2023 ($10.2M revenue vs. $13.7M expenses), indicating expenses exceeded program and fundraising income for the period.
- Significant fluctuations in annual revenue and expenses, making financial planning and stability less predictable without a clear understanding of the underlying causes.
Strengths
The following positive indicators were identified for Japan Society Inc:
- Strong asset base, consistently above $70 million, providing financial stability and resilience.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency in reporting.
- Demonstrated ability to generate significant revenue, with a peak of $17.4 million in 2022, showcasing fundraising capacity.
Frequently Asked Questions about Japan Society Inc
Is Japan Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Japan Society Inc (EIN: 131675082) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Japan Society Inc spend its money?
Japan Society Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Japan Society Inc tax-deductible?
Japan Society Inc is registered as a tax-exempt nonprofit (EIN: 131675082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Japan Society Inc CEO make?
Japan Society Inc's highest-compensated officer earns $80 annually. The organization reported $26.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Japan Society Inc's spending goes to programs?
Japan Society Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Japan Society Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Japan Society Inc is above average for NTEE category A230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Japan Society Inc located?
Japan Society Inc is headquartered in New York, New York and files with the IRS under EIN 131675082. It is classified under NTEE code A230.
How many years of IRS 990 filings does Japan Society Inc have?
Japan Society Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $26.6M in total revenue.
How does Japan Society Inc fund its operations given the revenue fluctuations and occasional deficits?
The organization likely relies on its substantial asset base, which was $75,380,892 in 2023, to cover operational deficits and provide a stable funding source, potentially through endowment drawdowns or investment income, especially given the $3.4 million deficit in 2023.
What is the true executive compensation structure, given the 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive salaries are either very low, paid through a related entity, or reported under different expense categories (e.g., 'salaries and wages' for non-officer key employees) rather than directly as officer compensation on Part VII of the 990. A detailed review of the full 990, particularly Schedule J, would be necessary to understand the compensation of key employees and highest-paid individuals.
What caused the significant revenue increase in 2022 to $17,405,856 and the subsequent drop in 2023 to $10,272,251?
The substantial increase in revenue in 2022 and subsequent decrease in 2023 could be attributed to one-time grants, large donations, specific fundraising campaigns, or fluctuations in investment income. Further analysis of the revenue breakdown in Part VIII of the 990 for those years would clarify the sources of these changes.
Filing History
IRS 990 filing history for Japan Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Japan Society Inc's revenue has declined by 52.5%, moving from $21.6M to $10.3M. Total assets decreased by 2% over the same period, from $76.9M to $75.4M. Total functional expenses rose by 14%, from $12.0M to $13.7M. In its most recent filing year (2023), Japan Society Inc reported a deficit of $3.5M, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $75.4M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $74.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.3M | $13.7M | $75.4M | $1.0M | — | — |
| 2022 | $17.4M | $11.8M | $74.1M | $993K | — | View 990 |
| 2021 | $10.5M | $10.2M | $91.8M | $1.9M | — | View 990 |
| 2020 | $9.8M | $11.6M | $75.6M | $1.7M | — | View 990 |
| 2019 | $11.3M | $10.8M | $78.0M | $1.6M | — | View 990 |
| 2018 | $12.0M | $11.6M | $77.2M | $886K | — | View 990 |
| 2017 | $15.4M | $11.4M | $74.7M | $820K | — | View 990 |
| 2016 | $11.0M | $11.7M | $68.2M | $853K | — | View 990 |
| 2015 | $10.2M | $11.7M | $71.6M | $899K | — | View 990 |
| 2014 | $13.5M | $19.3M | $75.9M | $1.0M | — | View 990 |
| 2013 | $20.5M | $13.6M | $75.3M | $790K | — | View 990 |
| 2012 | $11.9M | $14.3M | $73.2M | $805K | — | View 990 |
| 2011 | $21.6M | $12.0M | $76.9M | $815K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.3M, expenses of $13.7M, and assets of $75.4M (revenue -41.0% year-over-year).
- 2022: Revenue of $17.4M, expenses of $11.8M, and assets of $74.1M (revenue +65.5% year-over-year).
- 2021: Revenue of $10.5M, expenses of $10.2M, and assets of $91.8M (revenue +7.1% year-over-year).
- 2020: Revenue of $9.8M, expenses of $11.6M, and assets of $75.6M (revenue -13.1% year-over-year).
- 2019: Revenue of $11.3M, expenses of $10.8M, and assets of $78.0M (revenue -5.8% year-over-year).
- 2018: Revenue of $12.0M, expenses of $11.6M, and assets of $77.2M (revenue -21.9% year-over-year).
- 2017: Revenue of $15.4M, expenses of $11.4M, and assets of $74.7M (revenue +39.5% year-over-year).
- 2016: Revenue of $11.0M, expenses of $11.7M, and assets of $68.2M (revenue +8.5% year-over-year).
- 2015: Revenue of $10.2M, expenses of $11.7M, and assets of $71.6M (revenue -24.6% year-over-year).
- 2014: Revenue of $13.5M, expenses of $19.3M, and assets of $75.9M (revenue -34.1% year-over-year).
- 2013: Revenue of $20.5M, expenses of $13.6M, and assets of $75.3M (revenue +71.7% year-over-year).
- 2012: Revenue of $11.9M, expenses of $14.3M, and assets of $73.2M (revenue -44.9% year-over-year).
- 2011: Revenue of $21.6M, expenses of $12.0M, and assets of $76.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Japan Society Inc:
Data Sources and Methodology
This transparency report for Japan Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.