Form 990, Page 6, Part VI, Line 7A
“Elections are voted on and approved at board meetings.”
990 • Fiscal year 2023 • EIN 04-2583027
Scores are not available for this record yet.
Assets
Down$2,003,487
Down $12,309 (-0.6%) from 2022
Net Assets
Up$1,060,480
Up $3,209 (+0.3%) from 2022
Liabilities
Down$943,007
Down $15,518 (-1.6%) from 2022
Revenue
Up$330,738
Up $49,604 (+18%) from 2022
Expenses
Up$329,619
Up $64,738 (+24%) from 2022
Net Income
Down$1,119
Down $15,134 (-93%) from 2022
PROMOTE JAPANESE ARTS
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,452,153 | $1,366,707 | ▼ $85,446 |
| Cash and Non-Interest-Bearing Accounts | $535,504 | $598,738 | ▲ $63,234 |
| Loans From Officers Directors | $80,000 | $80,000 | → $0 |
| Investments in Publicly Traded Securities | $21,235 | $23,324 | ▲ $2,089 |
| Accounts Receivable | $1,060 | $8,014 | ▲ $6,954 |
| Prepaid Expenses and Deferred Charges | $5,844 | $6,704 | ▲ $860 |
| Total Assets | $2,015,796 | $2,003,487 | ▼ $12,309 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $839,088 | $811,616 | ▼ $27,472 |
| Accounts Payable and Accrued Expenses | $24,747 | $33,939 | ▲ $9,192 |
| Other Liabilities | $14,690 | $17,452 | ▲ $2,762 |
| Total Liabilities | $958,525 | $943,007 | ▼ $15,518 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,057,271 | $1,060,480 | ▲ $3,209 |
| Total Net Assets Fund Balance | $1,057,271 | $1,060,480 | ▲ $3,209 |
| Total Liabilities and Net Assets / Fund Balance | $2,015,796 | $2,003,487 | ▼ $12,309 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,016,733 | $1,432,467 | $2,449,200 |
| Land | $348,500 | - | $348,500 |
| Equipment | $1,474 | $9,902 | $11,376 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Gary Tucker | Clerk | PT | $22,837 | $22,837 |
| Nehal Patel | Treasurer | PT | $12,800 | $12,800 |
| Name | Title |
|---|---|
| Kate Finnegan | President |
| Jeanne Gugino | Director |
| Katie Sloss | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $312,400 |
| Salaries, Compensation, and Employee Benefits | $17,219 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $87,545 | - | - | $87,545 |
| Occupancy | $82,301 | - | - | $82,301 |
| Interest | $38,308 | - | - | $38,308 |
| Fees for Services Other | $22,154 | $5,399 | - | $27,553 |
| Other Salaries and Wages | - | $16,000 | - | $16,000 |
| Fees for Services Accounting | - | $10,337 | - | $10,337 |
| All Other Expenses | $7,976 | $1,089 | - | $9,065 |
| Other Expenses | $9,439 | $4,982 | - | $4,982 |
| Insurance | $3,635 | $1,183 | - | $4,818 |
| Advertising | $2,770 | - | - | $2,770 |
| Office Expenses | $2,170 | - | - | $2,170 |
| Payroll Taxes | - | $1,219 | - | $1,219 |
| Total Functional Expenses | $289,410 | $40,209 | $0 | $329,619 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $330,786 |
| Expenses per Audited Statements | $329,619 |
| Total Expenses per Form 990 | $329,619 |
| Expenses Not Reported on Form 990 | $1,167 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $80,000 | $80,000 | → $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $14,350 |
| Tenant Prepaid Rent | $12,675 |
| Unamortized Debt Issuance Costs | $-9,573 |
“Elections are voted on and approved at board meetings.”
“The president, treasurer, and clerk review the form prior to filing.”
“AVAILABLE UPON REQUEST.”
“Additional information received after initial filing.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADDITIONAL INFORMATION RECEIVED AFTER INITIAL FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ELECTIONS ARE VOTED ON AND APPROVED AT BOARD MEETINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PRESIDENT, TREASURER, AND CLERK REVIEW THE FORM PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2015796 |
| IRS990/TotalAssetsEOYAmt | 0 | 2003487 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2015796 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2003487 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 67602 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 40209 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 289410 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 329619 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 958525 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 943007 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 958525 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 943007 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1057271 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1060480 |
| IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt | 0 | 135 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 135 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 289410 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 261333 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 35637 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 51792 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 211344 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 330738 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2015796 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2003487 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 40 ST STEPHEN STREET |
| IRS990/USAddress/CityNm | 0 | BOSTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 02115 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.KAJIASOSTUDIO.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATE FINNEGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6172471719 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KAJI ASO STUDIO INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KAJI |
| ReturnHeader/Filer/EIN | 0 | 042583027 |
| ReturnHeader/Filer/PhoneNum | 0 | 6172471719 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 40 SAINT STEPHEN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BOSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02115 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 272630858 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GONZALEZ AND ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 14 PAGE TERRACE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | STOUGHTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02072 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7813441040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LILLIAN GONZALEZ CPA MST CSEP CSRP |
| ReturnHeader/ReturnTs | 0 | 2025-02-21T17:44:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-10-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.