Asunaro
Nonprofit profile at a glance
- EIN
- 823478918
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bellevue, WA, USA
- Phone
- 4256490791
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $99,582
- Expenses
- $93,521
- Assets
- $136,375
- Liabilities
- $104,339
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Yuka Shimizu (Director and President)
- Allen Nakamoto (Director, Vice President and Treasurer)
- Suzumu Takahashi (Director and Vice President)
People named in this filing
- Yuka Shimizu (Director and President)
- Allen Nakamoto (Director, Vice President and Treasurer)
- Suzumu Takahashi (Director and Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To introduce Japanese traditional and modern art and culture to public through supporting small NPO organizations, having the seminar and workshop for all different age groups. Asunaro is charitabloe, cultural, and educational non profit organization for open to the public.
What it reported doing in 2024
The Japan fair is a community event open to the public, free of charge. It is an exhibition that nurtures and promotes both traditional and modern Japanese culture arts and crats. Japan Fair 2024 was held at Meydenbauer Center in Bellevue, attracting over 25,000 visitors over two days. Japan Fair strives to showcase Japanese heritage while sharing current trends from modern Japan. The event aims to increase cultural awareness and bring together diverse communities in the Pacific Northwest, fostering open collaboration among many cultures and people. In 2024, Japan Fair featured 14 live performances on the main stage, including Taiko drumming, choral singing, martial arts demonstrations, a Kimono show, and a cosplay contest. The event hosted 80 exhibition booths staffed by local and international exhibitors. Visitors also enjoyed 10 free workshops and seminars, along with a kids' activity area. Japanese and Japanese American artists who promote uniquely traditional and modern arts and crafts that appeal to a broad audience are encouraged to participate. Artist participation is advertised both in Japan and the U.S., welcoming those whose passions reflect modern social statements, such as Sakura-Con or new kimono styles and fabrics from Kimono Art.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 94.6%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.1%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 1.46; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 89% of revenue deployed · 94.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $89K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 5 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.