Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
25th percentile
Higher debt load relative to revenue than 25% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Down$1,113,508
Down $248,724 (-18%) from 2014
Net Assets
Down$1,056,373
Down $257,570 (-20%) from 2014
Liabilities
Up$57,135
Up $8,846 (+18%) from 2014
Revenue
Down$2,952,835
Down $2,547 (-0.1%) from 2014
Expenses
Up$3,210,405
Up $337,793 (+12%) from 2014
Net Income
Down-$257,570
Down $340,340 (-411%) from 2014
To educate the public about asian culture
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,060,356 | $829,783 | ▼ $230,573 |
| Savings and Temporary Cash Investments | $203,569 | $204,042 | ▲ $473 |
| Land, Buildings, and Equipment, Net | $97,250 | $74,668 | ▼ $22,582 |
| Accounts Receivable | $1,057 | $5,015 | ▲ $3,958 |
| Total Assets | $1,362,232 | $1,113,508 | ▼ $248,724 |
| Liabilities | |||
| Other Liabilities | $48,289 | $57,135 | ▲ $8,846 |
| Total Liabilities | $48,289 | $57,135 | ▲ $8,846 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,313,943 | $1,056,373 | ▼ $257,570 |
| Total Net Assets Fund Balance | $1,313,943 | $1,056,373 | ▼ $257,570 |
| Total Liabilities and Net Assets / Fund Balance | $1,362,232 | $1,113,508 | ▼ $248,724 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $74,668 | $202,653 | $277,321 |
| Name | Title |
|---|---|
| John Gluth | President |
| Alex Gauss | Director |
| Dallas Odom | Director |
| Jennifer Piro | Director |
| Maxwell Bloch | Director |
| Omar Jenkins | Director |
| Ruby Lembach | Director |
| Samuel Wein | Director |
| Matt Smiechowski | Comptroller |
| Maggie Delauney | Correspondin |
| Christine Earnhardt | Recording Se |
| Andrew Earnhardt | Treasurer |
| Lee Fenner | Vice Preside |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Dsl Sound INC | Audio Visual Sv | 67 W BALTIMORE ST STE 101, Hagerstown, MD 21740 | $553,593 |
| Hargrove INC | Display Service | ONE HARGROVE DRIVE, Lanham, MD 20706 | $188,582 |
| Sheraton Inner Harbor Hotel | Hotel | 300 S CHARLES STREET, Baltimore, MD 21201 | $181,845 |
| Caesars Entertainment | Convention Site | ONE HARRAHS COURT, Las Vegas, NV 89119 | $106,862 |
| Baltimore Arena | Convention Site | 201 WEST BALTIMORE ST, Baltimore, MD 21201 | $105,626 |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,210,405 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | $2,329,869 | $65,848 | - | $2,395,717 |
| Fees for Services Legal | - | $139,259 | - | $139,259 |
| Office Expenses | $131,573 | $3,229 | - | $134,802 |
| Advertising | $128,763 | - | - | $128,763 |
| Travel | $74,695 | $31,197 | - | $105,892 |
| Information Technology | $51,503 | $5,391 | - | $56,894 |
| Occupancy | - | $43,533 | - | $43,533 |
| Fees for Services Accounting | - | $29,899 | - | $29,899 |
| Depreciation Depletion | $22,582 | - | - | $22,582 |
| Other Expenses | $20,468 | $12,781 | - | $12,781 |
| All Other Expenses | - | $915 | - | $915 |
| Total Functional Expenses | $2,878,353 | $332,052 | $0 | $3,210,405 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Prior Board Mem | Production Mgmt | No | $53,769 |
| Liability | Amount |
|---|---|
| Credit Card Payable | $32,466 |
| Japan Relief Funds | $24,669 |
“Andy earnhardt christine earnhardt treasurer recording se married”
“Review is conducted by the officers and the entire board prior to submission.”
“Actions are reviewed at all board meetings and discipline is enforced accordingly. Discipline is usually termination of membership and disassociation from the organization.”
“Documents available upon request.”
“Festival featuring music, food, and other activities, which is modeled on traditional japanese street festivals. This event is open to the general public and promotes the cultural awareness portion of our mission. In conjunction with the smithsonian's freer and sackler galleries, and the japanese information and culture center, otakorp sponsors an animation marathon as part of the national cherry blossom festival in washington, d.c. We have funded, assisted with film selection, provided staff, and sponsored speakers and related activities at this event since 2004. This event is open to the general public, but members are invited to participate and volunteer, and supports both our educational mission and our publicity and outreach needs. In 2015, otakorp continued the sponsorship of its second convention, called otakon vegas. This was the second year for the event, held in las vegas, nv. The event is modeled after our annual meeting, in that it is a 3-day event including panels, lectures, workshops, concerts, film and video presentations as well as live appearances and performances by those involved in the creating, producing and distribution of asian art and culture. In 2015, our event drew 2,100 attendees over the three day weekend and was supported by 83 volunteer staff. It had over 125 hours of panels/workshops and 90 hours of video programming content, including that from relevant industry partners. This year we partnered with lantis, a major music distributor in japan, for their "anisong music festival- and cross promoted our events. Guests such as jam project made appearances at both events, performing authentic japanese music and attending q&a panels. Another guest we hosted at our event was sushio, the chief animation director and character designer from studio trigger, responsible for many popular titles. Due to their busy schedules, hosting an artist of sushio's caliber is rare and gave our attendees a unique opportunity for insight into the japanese animation industry and the creative process. We also hosted japanese voice actors toshio furukawa and shino kakinuma from the us industry side we hosted 4 english voice actors. Since 2005, otakorp has dispatched small teams to tokyo, japan, to attend major festivals relevant to our cross-cultural mission. Specifically, we have participated in tokyo anime festival, tokyo music market and anime contents expo. Our participation has included exhibits, panels, and discussions regarding american perception of cultural exports. We also use the opportunity to network and maintain relationships with guests and industry, which assists in bringing relevant guests to our events.”
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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| IRS990/Desc | 0 | OTAKORP INC. SPONSORS, AS PART OF ITS ANNUAL MEETING, A 3-DAY EDUCATIONAL AND IMMERSIVE EVENT OF ASIAN POPULAR ARTS AND CULTURE, CALLED OTAKON. OTAKON INCLUDES LECTURES,WORKSHOPS, CONCERTS, FILM AND VIDEO PRESENTATIONS, AND LIVE APPEARANCES AND PERFORMANCES BY THOSE INVOLVED IN CREATING, PRODUCING, AND DISTRIBUTING ASIAN ART AND CULTURE. IN 2015, THE EVENT DREW OVER 27,000 MEMBERS FOR EACH OF THREE DAYS, INCLUDING MEMBERS OF THE JAPANESE EMBASSY, PLUS OVER 700 VOLUNTEER STAFF. THE CONVENTION IS THE SECOND LARGEST EVENT OF ITS TYPE IN THE UNITED STATES, AND HAS BEEN OUR PRIMARY EVENT SINCE THE FOUNDING OF THE CORPORATION. BEGINNING IN 2011, OTAKORP HAS SPONSORED THE OTAKON MATSURI, AN OUTDOOR FESTIVAL FEATURING MUSIC, FOOD, AND OTHER ACTIVITIES, WHICH IS MODELED ON TRADITIONAL JAPANESE STREET FESTIVALS. THIS EVENT IS OPEN TO THE GENERAL PUBLIC AND PROMOTES THE CULTURAL AWARENESS PORTION OF OUR MISSION. IN CONJUNCTION WITH THE SMITHSONIAN'S FREER AND SACKLER GALLERIES, AND THE JAPANESE INFORMATION AND CULTURE CENTER, OTAKORP SPONSORS AN ANIMATION MARATHON AS PART OF THE NATIONAL CHERRY BLOSSOM FESTIVAL IN WASHINGTON, D.C. WE HAVE FUNDED, ASSISTED WITH FILM SELECTION, PROVIDED STAFF, AND SPONSORED SPEAKERS AND RELATED ACTIVITIES AT THIS EVENT SINCE 2004. THIS EVENT IS OPEN TO THE GENERAL PUBLIC, BUT MEMBERS ARE INVITED TO PARTICIPATE AND VOLUNTEER, AND SUPPORTS BOTH OUR EDUCATIONAL MISSION AND OUR PUBLICITY AND OUTREACH NEEDS. IN 2015, OTAKORP CONTINUED THE SPONSORSHIP OF ITS SECOND CONVENTION, CALLED OTAKON VEGAS. THIS WAS THE SECOND YEAR FOR THE EVENT, HELD IN LAS VEGAS, NV. THE EVENT IS MODELED AFTER OUR ANNUAL MEETING, IN THAT IT IS A 3-DAY EVENT INCLUDING PANELS, LECTURES, WORKSHOPS, CONCERTS, FILM AND VIDEO PRESENTATIONS AS WELL AS LIVE APPEARANCES AND PERFORMANCES BY THOSE INVOLVED IN THE CREATING, PRODUCING AND DISTRIBUTION OF ASIAN ART AND CULTURE. IN 2015, OUR EVENT DREW 2,100 ATTENDEES OVER THE THREE DAY WEEKEND AND WAS SUPPORTED BY 83 VOLUNTEER STAFF. IT HAD OVER 125 HOURS OF PANELS/WORKSHOPS AND 90 HOURS OF VIDEO PROGRAMMING CONTENT, INCLUDING THAT FROM RELEVANT INDUSTRY PARTNERS. THIS YEAR WE PARTNERED WITH LANTIS, A MAJOR MUSIC DISTRIBUTOR IN JAPAN, FOR THEIR "ANISONG MUSIC FESTIVAL- AND CROSS PROMOTED OUR EVENTS. GUESTS SUCH AS JAM PROJECT MADE APPEARANCES AT BOTH EVENTS, PERFORMING AUTHENTIC JAPANESE MUSIC AND ATTENDING Q&A PANELS. ANOTHER GUEST WE HOSTED AT OUR EVENT WAS SUSHIO, THE CHIEF ANIMATION DIRECTOR AND CHARACTER DESIGNER FROM STUDIO TRIGGER, RESPONSIBLE FOR MANY POPULAR TITLES. DUE TO THEIR BUSY SCHEDULES, HOSTING AN ARTIST OF SUSHIO'S CALIBER IS RARE AND GAVE OUR ATTENDEES A UNIQUE OPPORTUNITY FOR INSIGHT INTO THE JAPANESE ANIMATION INDUSTRY AND THE CREATIVE PROCESS. WE ALSO HOSTED JAPANESE VOICE ACTORS TOSHIO FURUKAWA AND SHINO KAKINUMA FROM THE US INDUSTRY SIDE WE HOSTED 4 ENGLISH VOICE ACTORS. SINCE 2005, OTAKORP HAS DISPATCHED SMALL TEAMS TO TOKYO, JAPAN, TO ATTEND MAJOR FESTIVALS RELEVANT TO OUR CROSS-CULTURAL MISSION. SPECIFICALLY, WE HAVE PARTICIPATED IN TOKYO ANIME FESTIVAL, TOKYO MUSIC MARKET AND ANIME CONTENTS EXPO. OUR PARTICIPATION HAS INCLUDED EXHIBITS, PANELS, AND DISCUSSIONS REGARDING AMERICAN PERCEPTION OF CULTURAL EXPORTS. WE ALSO USE THE OPPORTUNITY TO NETWORK AND MAINTAIN RELATIONSHIPS WITH GUESTS AND INDUSTRY, WHICH ASSISTS IN BRINGING RELEVANT GUESTS TO OUR EVENTS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FESTIVAL FEATURING MUSIC, FOOD, AND OTHER ACTIVITIES, WHICH IS MODELED ON TRADITIONAL JAPANESE STREET FESTIVALS. THIS EVENT IS OPEN TO THE GENERAL PUBLIC AND PROMOTES THE CULTURAL AWARENESS PORTION OF OUR MISSION. IN CONJUNCTION WITH THE SMITHSONIAN'S FREER AND SACKLER GALLERIES, AND THE JAPANESE INFORMATION AND CULTURE CENTER, OTAKORP SPONSORS AN ANIMATION MARATHON AS PART OF THE NATIONAL CHERRY BLOSSOM FESTIVAL IN WASHINGTON, D.C. WE HAVE FUNDED, ASSISTED WITH FILM SELECTION, PROVIDED STAFF, AND SPONSORED SPEAKERS AND RELATED ACTIVITIES AT THIS EVENT SINCE 2004. THIS EVENT IS OPEN TO THE GENERAL PUBLIC, BUT MEMBERS ARE INVITED TO PARTICIPATE AND VOLUNTEER, AND SUPPORTS BOTH OUR EDUCATIONAL MISSION AND OUR PUBLICITY AND OUTREACH NEEDS. IN 2015, OTAKORP CONTINUED THE SPONSORSHIP OF ITS SECOND CONVENTION, CALLED OTAKON VEGAS. THIS WAS THE SECOND YEAR FOR THE EVENT, HELD IN LAS VEGAS, NV. THE EVENT IS MODELED AFTER OUR ANNUAL MEETING, IN THAT IT IS A 3-DAY EVENT INCLUDING PANELS, LECTURES, WORKSHOPS, CONCERTS, FILM AND VIDEO PRESENTATIONS AS WELL AS LIVE APPEARANCES AND PERFORMANCES BY THOSE INVOLVED IN THE CREATING, PRODUCING AND DISTRIBUTION OF ASIAN ART AND CULTURE. IN 2015, OUR EVENT DREW 2,100 ATTENDEES OVER THE THREE DAY WEEKEND AND WAS SUPPORTED BY 83 VOLUNTEER STAFF. IT HAD OVER 125 HOURS OF PANELS/WORKSHOPS AND 90 HOURS OF VIDEO PROGRAMMING CONTENT, INCLUDING THAT FROM RELEVANT INDUSTRY PARTNERS. THIS YEAR WE PARTNERED WITH LANTIS, A MAJOR MUSIC DISTRIBUTOR IN JAPAN, FOR THEIR "ANISONG MUSIC FESTIVAL- AND CROSS PROMOTED OUR EVENTS. GUESTS SUCH AS JAM PROJECT MADE APPEARANCES AT BOTH EVENTS, PERFORMING AUTHENTIC JAPANESE MUSIC AND ATTENDING Q&A PANELS. ANOTHER GUEST WE HOSTED AT OUR EVENT WAS SUSHIO, THE CHIEF ANIMATION DIRECTOR AND CHARACTER DESIGNER FROM STUDIO TRIGGER, RESPONSIBLE FOR MANY POPULAR TITLES. DUE TO THEIR BUSY SCHEDULES, HOSTING AN ARTIST OF SUSHIO'S CALIBER IS RARE AND GAVE OUR ATTENDEES A UNIQUE OPPORTUNITY FOR INSIGHT INTO THE JAPANESE ANIMATION INDUSTRY AND THE CREATIVE PROCESS. WE ALSO HOSTED JAPANESE VOICE ACTORS TOSHIO FURUKAWA AND SHINO KAKINUMA FROM THE US INDUSTRY SIDE WE HOSTED 4 ENGLISH VOICE ACTORS. SINCE 2005, OTAKORP HAS DISPATCHED SMALL TEAMS TO TOKYO, JAPAN, TO ATTEND MAJOR FESTIVALS RELEVANT TO OUR CROSS-CULTURAL MISSION. SPECIFICALLY, WE HAVE PARTICIPATED IN TOKYO ANIME FESTIVAL, TOKYO MUSIC MARKET AND ANIME CONTENTS EXPO. OUR PARTICIPATION HAS INCLUDED EXHIBITS, PANELS, AND DISCUSSIONS REGARDING AMERICAN PERCEPTION OF CULTURAL EXPORTS. WE ALSO USE THE OPPORTUNITY TO NETWORK AND MAINTAIN RELATIONSHIPS WITH GUESTS AND INDUSTRY, WHICH ASSISTS IN BRINGING RELEVANT GUESTS TO OUR EVENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANDY EARNHARDT CHRISTINE EARNHARDT TREASURER RECORDING SE MARRIED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW IS CONDUCTED BY THE OFFICERS AND THE ENTIRE BOARD PRIOR TO SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACTIONS ARE REVIEWED AT ALL BOARD MEETINGS AND DISCIPLINE IS ENFORCED ACCORDINGLY. DISCIPLINE IS USUALLY TERMINATION OF MEMBERSHIP AND DISASSOCIATION FROM THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.
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