JAPAN SOCIETY INC

EIN: 131675082 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$14,888,538
Total Expenses
$14,033,005
Total Assets
$84,509,401
Net Assets
$83,258,580
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
NY
Principal Officer
JOSHUA WALKER PHD
Phone
2127151287
Tax Period
2024-07-01 to 2025-06-30

JAPAN SOCIETY INC, founded in 1907, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $14.0M left a modest 6% surplus.

Mission

LEADING U.S. ORGANIZATION COMMITTED TO DEEPENING MUTUAL UNDERSTANDING BETWEEN U.S. AND JAPAN

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,032,653
Program Service Revenue $2,054,916
Investment Income $5,265,151
Other Revenue $1,535,818
TOTAL REVENUE $14,888,538

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,654,452
Fundraising Expenses $1,647,561
Program Expenses $8,638,975
Other Expenses $5,378,553
TOTAL EXPENSES $14,033,005

Year-over-Year Comparison

2024 2023 Change
Revenue $14,888,538 $12,548,989 +0.2%
Expenses $14,033,005 $14,157,245 0.0%
Net Income $855,533 $-1,608,256 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
56
Independent Members
55
Employees
110
Volunteers
335

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$957,018
Total Directors
61
$609,634
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERIT E JANOW CHAIR 3.00
Officer Director
$0 $0 $0
TOBY S MYERSON VICE CHAIR 3.00
Officer Director
$0 $0 $0
HIROFUMI OTSUKA VICE CHAIR 3.00
Officer Director
$0 $0 $0
DOUGLAS L PETERSON VICE CHAIR 3.00
Officer Director
$0 $0 $0
SUSAN J ONUMA SECRETARY 3.00
Officer Director
$0 $0 $0
GERALD L CURTIS DIRECTOR 3.00
Director
$0 $0 $0
ARIEL J DECKELBAUM DIRECTOR 3.00
Director
$0 $0 $0
RICHARD A DRUCKER DIRECTOR 3.00
Director
$0 $0 $0
BRADLEY EDMISTER DIRECTOR 3.00
Director
$0 $0 $0
LOUIS J FORSTER DIRECTOR 3.00
Director
$0 $0 $0
JEFFREY GILL DIRECTOR (FROM 10/2024) 3.00
Director
$0 $0 $0
ROSE MARIE E GLAZER DIRECTOR (FROM 3/2025) 3.00
Director
$0 $0 $0
CAROL GLUCK DIRECTOR 3.00
Director
$0 $0 $0
SUSAN GREENWELL DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
KENZO HAKUTA DIRECTOR 3.00
Director
$0 $0 $0
KAREN HALBY DIRECTOR 3.00
Director
$0 $0 $0
KEN HATAKEYAMA DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
KEIKO HONDA DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
YOSUKE HONJO DIRECTOR 3.00
Director
$0 $0 $0
KEISHI HOTSUKI DIRECTOR 3.00
Director
$0 $0 $0
ERI KAKUTA DIRECTOR 3.00
Director
$0 $0 $0
ROBERT A KARR DIRECTOR 3.00
Director
$0 $0 $0
SATOSHI KAWAMURA DIRECTOR 3.00
Director
$0 $0 $0
HIROSHI KAWANO DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
TETSUO KAWATE DIRECTOR 3.00
Director
$0 $0 $0
LINDA KIRKPATRICK DIRECTOR 3.00
Director
$0 $0 $0
MASAHIRO KOIKE DIRECTOR (TO 6/2025) 3.00
Director
$0 $0 $0
JAMES KONDO DIRECTOR (FROM 10/2024) 3.00
Director
$0 $0 $0
GARY KOZLOWSKI DIRECTOR 3.00
Director
$0 $0 $0
ALAN S MACDONALD DIRECTOR 3.00
Director
$0 $0 $0
KEIJI MACHIDA DIRECTOR 3.00
Director
$0 $0 $0
JUN MAKIHARA DIRECTOR 3.00
Director
$0 $0 $0
TORU MATSUI DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
SHUJI MATSUURA DIRECTOR 3.00
Director
$0 $0 $0
THEODORE MILLER DIRECTOR 3.00
Director
$0 $0 $0
THOMAS K MONTAG DIRECTOR 3.00
Director
$0 $0 $0
GARY MORIWAKI DIRECTOR 3.00
Director
$0 $0 $0
SATORU MURASE DIRECTOR 3.00
Director
$0 $0 $0
JAMES NASH DIRECTOR (TO 3/2025) 3.00
Director
$0 $0 $0
YUKI NIINAMI DIRECTOR (FROM 10/2024) 3.00
Director
$0 $0 $0
SHINICHI OKAMOTO DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
TATSUO OKAZAKI DIRECTOR 3.00
Director
$0 $0 $0
JOSEPH R PERELLA DIRECTOR 3.00
Director
$0 $0 $0
JASON REKATE DIRECTOR 3.00
Director
$0 $0 $0
TAMAO SASADA DIRECTOR (FROM 10/2024) 3.00
Director
$0 $0 $0
RICHARD N SHAAK DIRECTOR 3.00
Director
$0 $0 $0
DANIEL SIMKOWITZ DIRECTOR (FROM 3/2025) 3.00
Director
$0 $0 $0
DAVID SNODDY DIRECTOR 3.00
Director
$0 $0 $0
JOSHUA N SOLOMON DIRECTOR 3.00
Director
$0 $0 $0
YUJI SUGIMOTO DIRECTOR 3.00
Director
$0 $0 $0
YOSHITERU TERRY SUZUKI DIRECTOR 3.00
Director
$0 $0 $0
GARY M TALARICO DIRECTOR 3.00
Director
$0 $0 $0
KOTARO TAMEDA DIRECTOR (FROM 6/2025) 3.00
Director
$0 $0 $0
DONALD J TOUMEY DIRECTOR 3.00
Director
$0 $0 $0
SAYU UENO DIRECTOR (TO 6/2025) 3.00
Director
$0 $0 $0
TOMONORI TOM WADA DIRECTOR (TO 6/2025) 3.00
Director
$0 $0 $0
KEVIN WILLSEY DIRECTOR 3.00
Director
$0 $0 $0
AKIRA YAMAMOTO DIRECTOR 3.00
Director
$0 $0 $0
NAOHIKO YOSHIKAWA DIRECTOR 3.00
Director
$0 $0 $0
MICHAEL ZARCONE DIRECTOR (TO 3/2025) 3.00
Director
$0 $0 $0
JOSHUA W WALKER PRESIDENT & CEO 40.00
Officer Director
$571,979 $37,655 $609,634
LISA BERMUDEZ EXECUTIVE VICE PRESIDENT 40.00
Officer
$295,872 $51,512 $347,384
GREGORY CORSICO VICE PRES OF DEVELOPMENT 40.00
Highest
$245,360 $64,700 $310,060
YOKO SHIOYA ARTISTIC DIRECTOR 40.00
Highest
$179,659 $31,536 $211,195
MICHELE BAMBLING SR DIR, GALLERY 40.00
Highest
$156,249 $42,006 $198,255
TOMOKO OKUNO SR DIR BUS & POLICY FORUM (FORMER) 40.00
Highest
$156,114 $56,938 $213,052
KIMBERLY WOODWARD SR DIR, OPERATIONS 40.00
Highest
$145,814 $26,555 $172,369
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,888,538 $14,033,005 $84,509,401 $855,533
2024 $12,548,989 $14,157,245 $79,819,549 $-1,608,256
2023 $10,272,251 $13,732,677 $75,380,892 $-3,460,426
2022 $17,405,856 $11,751,044 $74,080,540 $5,654,812
2021 $10,515,982 $10,181,792 $91,776,832 $334,190
2020 $9,820,943 $11,584,799 $75,635,167 $-1,763,856
2019 $11,302,094 $10,817,694 $78,004,329 $484,400
2018 $12,003,866 $11,636,180 $77,200,768 $367,686
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