Genryu Arts

Nonprofit profile at a glance

EIN
800190574
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2009
Location
San Francisco, CA, USA
Phone
4154203151
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$163,958
Expenses
$155,553
Assets
$286,215
Liabilities
$17,208

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • MELODY TAKATA (President)

Highest reported compensation

  • MELODY TAKATA (President): $54,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of genryu arts is to present and participate in japanese american culture through taiko (japanese drumming) and other traditional and contemporary music and dance forms.

What it reported doing in 2024

THE FOLLOWING WERE SCHEDULED FOR THE YEARJan. 6th, Oshogatsu, JCCCNCFeb. 24th, Lunar New Year Parade SFFeb. 24th, Day of Remembrance Film Festival, Kabuki Theater Feb. 25th, Chinese Lunar New Year Community Fair Celebration Feb. 25th, NLF Dowa No Omatsuri, Palace Fine ArtsDec.-Mar. 9th Art Exposure Exhibition, Studio GenMar. 10th, Music Series #3: Roper vs Wong, Studio Gen Mar. 24th, Hina Matsuri Festival, Studio GenMar. 24th-April Women's Art Exhibition, Studio Gen Apr. Music Series #4, Studio GenApr. 13th, No. Calif Sakura Matsuri, TBAApr. 18th, Sakura Matsuri, SFO Airport 3pm-5pmApr. 20th, No. Calif Sakura Matsuri, Peace Plaza TBAMay Music Series #5, Studio GenMay 4th, Kodomo No Hi, JCCCNC TBA May 26th, Midori no Hi, Studio GenMay Green Day Art show, Studio GenJun. Music Series #6, Studio GenJun. Art Exhibit, Studio GenJuly 14-21, Japan Week, Japan Center Mall July 20th, Music Series #7, Studio GenJuly 21st, Japan Day, Japan Center East Mall 12pm- 4:30pm Sept Keiro no hi, Respect for elders, Studio GenNov Culture Day, Studio GenGenRyu Arts 25 years serving the community of San Francisco

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

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 33
  • Transparency & Controls: 83
  • Accountability: 0
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.5%; rating input score 37
  • Program expense ratio: 38.4%; rating input score 38
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 8 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.1%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 34.7%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -7.5% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 7.9% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 15.2% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 37.5% of revenue deployed · 38.4% of spending went to programs
  • Governance: 0 of 1 board members independent · 0 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $60K in reported program spending
  • Leadership: top reported pay $54K · 1 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • High — Accountability: Governance controls: 7 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 51/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.