MIHO BELMONT INTERNATIONAL INC

EIN: 811424117 501(c)(3) Arts, Culture & Humanities

BELMONT, MA

Total Revenue
$469,675
Total Expenses
$486,625
Total Assets
$3,026,189
Net Assets
$3,026,084
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
PETER GRILLI
Phone
6174841482
Tax Period
2024-01-01 to 2024-12-31

MIHO BELMONT INTERNATIONAL INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $470K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Net assets of $3.0M represent 77 months of operating reserves.

Mission

ORGANIZATION'S MISSION MIHO BELMONT INTERNATIONAL IS DEDICATED TO DEEPENING THE UNDERSTANDING AND APPRECIATION OF TRADITIONAL JAPANESE ARTS AND AESTHETICS AS WELL AS SPIRITUAL AND ENVIRONMENTAL VALUES. THE OVERALL MISSION IS TO HELP INTEGRATE ART AND BEAUTY INTO EVERYDAY LIFE, TO FOSTER A WAY OF LIVING IN HARMONY WITH NATURE, AND TO CULTIVATE VALUES THAT WILL LEAD TO THE BETTERMENT OF SOCIETY. THE ARCHITECTURE AND PHYSICAL ENVIRONMENT OF MIHO BELMONT INTERNATIONAL ARE DESIGNED TO DEMONSTRATE THE RICH AESTHETIC TRADITIONS OF JAPAN AS WELL AS THE LONG HELD BELIEF IN RESPECTING AND CARING FOR NATURE. ITS PROGRAMS AND ACTIVITIES AIM TO INCREASE AWARENESS OF THE INTERCONNECTION BETWEEN BEAUTY, NATURE AND HUMAN WELL-BEING. OVERVIEW OF THE MIHO BELMONT INTERNATIONAL MIHO BELMONT INTERNATIONAL (MBI) IS A CULTURAL AND EDUCATIONAL INSTITUTION, INSPIRED BY JAPANESE CULTURAL VALUES, BASED IN BELMONT, MASSACHUSETTS. MBI WILL OFFER PROGRAMS AND ACTIVITIES TO ENHANCE THE UNDERSTANDING OF JAPANESE ART

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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 $453,257
Program Service Revenue $16,418
Investment Income $0
Other Revenue $0
TOTAL REVENUE $469,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $193,257
Fundraising Expenses $0
Program Expenses $419,859
Other Expenses $293,368
TOTAL EXPENSES $486,625

Year-over-Year Comparison

2024 2023 Change
Revenue $469,675 $381,918 +0.2%
Expenses $486,625 $413,897 +0.2%
Net Income $-16,950 $-31,979 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
3
$193,257
Total Directors
5
$193,257
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMAO KOYAMA PRESIDENT 1.00
Officer Director
$0 $0 $0
MASAHIDE KOYAMA TREASURER 1.00
Officer Director
$0 $0 $0
ALAN IMAI DIRECTOR 1.00
Director
$0 $0 $0
ALICE CUNNINGHAM DIRECTOR 1.00
Director
$0 $0 $0
PETER GRILLI CLERK 40.00
Officer Director
$175,000 $18,257 $193,257
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
2024 $469,675 $486,625 $3,026,189 $-16,950
2023 $381,918 $413,897 $3,043,034 $-31,979
2022 $250,973 $278,044 $3,075,033 $-27,071
2021 $214,229 $266,566 $3,102,084 $-52,337
2020 $249,661 $270,794 $3,154,547 $-21,133
2019 $251,000 $299,389 $3,175,746 $-48,389
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