Nichi Bei Foundation FY2021 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 2012Arts & CultureEIN 27-0700443Revenue $585K in FY2021

On file with the IRSnichibei.orgPo Box 15693, 94115-0693 · San Francisco, CATax-exempt since Jun 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Connect, inform and empower the japanese american communith through the publication of Nichi Bei weekly and community events such as films of rembrance, tours of historic sites and other events.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$154K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $6K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $523K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$751
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$585K
+6% vs prior year
Spent
$512K
To programs
83%
Net assets
$213K
By yearFY2020–FY2025
Revenue
$585K
FY2021▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$553K
FY2021$585K
FY2022$685K
FY2023$645K
FY2024$885K
FY2025$991K
Expenses
$512K
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$499K
FY2021$512K
FY2022$657K
FY2023$776K
FY2024$887K
FY2025$975K
Net assets
$213K
FY2021▲ +53%
Tap a bar for its year
Net assets by fiscal year
FY2020$140K
FY2021$213K
FY2022$241K
FY2023$152K
FY2024$149K
FY2025$164K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2012-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $423K Management & general 10% · $52K Fundraising 7% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $154K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$71,688Pt VII · Sec A
$71,688Pt VII · Sec A
Chief Financial Officer
$5,084Pt VII · Sec A
Chief Financial Officer
$5,084Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Kenji G Taguma’s $98K as President is at the 87th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kenji G Taguma$98,326$96,800$87,996$81,514$71,688$74,084
Edith Horner$8,468$7,014$9,806$5,705$5,084—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects, informs, and empowers Japanese Americans through a newspaper and community events.

Questions for Nichi Bei Foundation

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Provided by the organization

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4 programs · $816K · in their own filed words · FY2020
01

Publication of community newspaper and news and culture website for japanese american and the larger asian american community.

$402Kprogram expense
02

Publication of community newspaper and news and culture website for japanese american and the larger asian american community.

$371Kprogram expense
03

Host film festival and other educational events in the japanese american and asian american community.

$21Kprogram expense
04

Host film festival and other educational events in the japanese american and asian american community.

$21Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $6K · 2022–2022

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$585K
Ln 12
Gifts and grantsLn 1h$405K
Fees for servicesLn 2g$180K
Investment incomeLn 3$493
Money outPt IX
$512K
Ln 25
Programscol B$423K
Managementcol C$52K
Fundraisingcol D$37K
Owns and owesPt X
$213K
net assets · Ln 32
Cash and savingsLn 1–2$191K
Total assetsLn 16$214K
LiabilitiesLn 26$751
PeoplePt VI, VII
16
listed · VII A
PaidVII A4
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$405K
Fees for servicesLn 2g$180K
Investment incomeLn 3$493
Total revenueLn 12$585K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$191K
Total assetsLn 16$214K
LiabilitiesLn 26$751
Net assetsLn 32$213K
OperationsPt I, VI
EmployeesI 59
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $991K$975K$15K$164K 990 PDF
FY2024 $885K$887K−$3K$149K 990 PDF
FY2023 $645K$776K−$131K$152K 990 PDF
FY2022 $685K$657K$28K$241K 990 PDF
FY2021 Viewing $585K$512K$73K$213K 990 PDF
FY2020 $553K$499K$54K$140K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (1 part)
Part VI · Governance 6 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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