THE HYOGO BUSINESS & CULTURAL CENTER

EIN: 911481060 501(c)(3) International Affairs

SEATTLE, WA

Total Revenue
$225,136
Total Expenses
$227,411
Total Assets
$195,150
Net Assets
$87,221
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WA
Principal Officer
TAKAHISA IKEGAMI
Phone
2067280610
Tax Period
2024-04-01 to 2025-03-31

THE HYOGO BUSINESS & CULTURAL CENTER, founded in 1990, is a small nonprofit in the International Affairs sector that reported $225K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

HYOGO BUSINESS & CULTURAL CENTER WAS ESTABLISHED IN 1990 BY THE HYOGO PREFECTURAL GOVERNMENT.THE CENTER'S PRIMARY SOURCE OF SUPPORT IS GRANTS FROM THE HYOGO PREFECTURAL GOVERNMENT. THE CENTER WAS ORGANIZED TO STRENGTHEN BUSINESS, EDUCATIONAL AND CULTURAL RELATIONS BETWEEN THE HYOGO PREFECTURE AND THE STATE OF WASHINGTON (AND THE UNITED STATES) AS WELL AS TO INTRODUCE JAPANESE CULTURE THROUGH CULTURAL PROGRAMS AND TO PROMOTE JAPANESE LANGUAGE EDUCATION IN THE STATE OF WASHINGTON.

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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 $210,732
Program Service Revenue $1,145
Investment Income $4
Other Revenue $13,255
TOTAL REVENUE $225,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,724
Fundraising Expenses $0
Program Expenses $24,717
Other Expenses $137,687
TOTAL EXPENSES $227,411

Year-over-Year Comparison

2024 2023 Change
Revenue $225,136 $254,832 -0.1%
Expenses $227,411 $244,606 -0.1%
Net Income $-2,275 $10,226 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
2
Employees
2
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
1
$107,805
Total Directors
10
$548,901
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YUMIKO SHIRO DIRECTOR 1.00
Director
$56,512 $0 $56,512
SHUMPEI FUJIWARA DIRECTOR 1.00
Director
$105,896 $0 $105,896
KOJI HARADA DIRECTOR 1.00
Director
$77,936 $0 $77,936
AKIHIRO SHIOMI DIRECTOR 1.00
Director
$70,885 $0 $70,885
SHOKO KIMURA DIRECTOR 1.00
Director
$77,235 $0 $77,235
KAZUNARI ARITA DIRECTOR 1.00
Director
$77,850 $0 $77,850
MITSURU NISHIGAMI DIRECTOR 1.00
Director
$35,130 $0 $35,130
FUTOSHI YOKOKAWA DIRECTOR 1.00
Director
$47,457 $0 $47,457
GEOFFREY POTTER DIRECTOR 1.00
Director
$0 $0 $0
JUNICHI SUMI DIRECTOR 1.00
Director
$0 $0 $0
TAKAHISA IKEGAMI EXECUTIVE DIRECTOR 40.00
Officer
$107,805 $0 $107,805
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 $225,136 $227,411 $195,150 $-2,275
2024 $254,832 $244,606 $229,100 $10,226
2023 $227,123 $229,412 $148,630 $-2,289
2022 $186,828 $193,654 $96,725 $-6,826
2021 $204,786 $188,233 $97,438 $16,553
2020 $259,397 $265,765 $75,519 $-6,368
2019 $186,612 $195,390 $88,418 $-8,778
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