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Taikoproject

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262035981 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Taikoproject?

Taikoproject is a nonprofit organization situated in Los Angeles, California, with a focus on promoting and advancing the American art of Taiko drumming. With a team of premier Taiko drummers, they preserve this dynamic element of Japanese American culture and heritage through public performances, education, and outreach activities. Their educational initiatives, including classes, workshops, and lectures, reach over 5,000 students annually, imparting knowledge about Taiko's history, development, and core artistic concepts. Through their performances, Taikoproject engages over 10,000 audience members annually, showcasing Taiko in various productions, concerts, and festivals. The organization also incorporates unconventional and innovative concepts to expand artistic boundaries and maintain Taiko as a community-based tradition.


Official website here: www.taikoprojectacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Taikoproject has received a score of 79%, reflecting a Three-Star rating based entirely on its Accountability & Finance. This high score indicates that the organization demonstrates responsible management and transparency in its financial practices, essential factors for potential donors looking for trustworthy nonprofits.

The organization excels in various areas, showing that it has a fully independent board, with 100% of its board members being independent. Additionally, it has no material diversion of assets and maintains a strong program expense ratio at 82.01%, which signifies that a significant portion of its funds is directed towards its mission-related activities.

While the data showcases Taikoproject's strengths in governance and financial health, it is important for potential supporters to consider any other qualitative factors that may not be reflected in this quantitative analysis. Overall, the organization’s solid rating highlights its commitment to accountability and effective use of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Taikoproject legitimate?

Taikoproject is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taikoproject submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $71,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,906

For more financial information, click here


Official website here: www.taikoprojectacademy.com

What is the mission statement of Taikoproject?

The Taikoproject is an ensemble of elite taiko drummers committed to fostering and enhancing the American art of taiko. They achieve this goal through public performances, education, and outreach activities. The Taikoproject's mission is to preserve taiko as a vibrant aspect of Japanese American culture and heritage, while simultaneously maintaining it as a community-based tradition. Moreover, the group incorporates unconventional and innovative concepts to broaden artistic horizons and push the boundaries of the art form.


Official website here: www.taikoprojectacademy.com

Who is the CEO of Taikoproject?

Bryan Yamami is the Executive Dir. of Taikoproject. The CEO's salary of Taikoproject is $0 and their total compensation is $0.


Official website here: www.taikoprojectacademy.com

What is the revenue of Taikoproject?

Taikoproject's revenue in 2022 was $460,404.


Official website here: www.taikoprojectacademy.com

Who are the executives of Taikoproject and what are their salaries?

The average compensation at Taikoproject during 2022 was $55,749. There are 2 employees and 8 volunteers at Taikoproject.


Here are 8 key members and their salaries (Taikoproject's CEO's salary is $0 and their total compensation is $0):


Bryan Yamami (Executive Dir.)
  • Compensation: $71,592
  • Related: $0
  • Other: $0
Candice Shikai (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Shimamoto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Fukawa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hori (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Okubo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Sakamoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sakamoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.taikoprojectacademy.com

Where can I find the form 990 for Taikoproject?

Taikoproject's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.taikoprojectacademy.com

Learn more at the official website: www.taikoprojectacademy.com

Mission Statement of Taikoproject

Taikoproject, an ensemble of elite taiko drummers, is dedicated to promoting and advancing the American art of taiko. Their mission is threefold: firstly, they strive to preserve taiko as a vibrant element of Japanese American culture and heritage through public performances. Secondly, they are committed to maintaining taiko as a community-based tradition. Lastly, they incorporate unconventional and innovative concepts to expand artistic boundaries, pushing the limits of the art form. By doing so, Taikoproject seeks to keep taiko alive and evolving, allowing it to resonate with a diverse audience.

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Impact




July, 2024

Taikoproject's impact is profound and far-reaching. By promoting and advancing the American art of taiko through public performances, education, and outreach activities, Taikoproject plays a vital role in preserving taiko as a dynamic element of Japanese American culture and heritage. Through their innovative concepts and artistic endeavors, Taikoproject expands the boundaries of the art form, captivating audiences and inspiring a new generation of taiko enthusiasts. With over 5,000 students experiencing the art of taiko through their educational activities annually, and over 10,000 audience members attending their performances, Taikoproject's influence is significant in spreading the beauty and cultural significance of taiko drumming. This organization's dedication to community-based traditions and artistic excellence makes them a pivotal force in shaping the landscape of American arts.




This information is meant to be a general summary of Taikoproject. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$460,404 (2022)
Expenses
$300,555 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,766
  • Program Service Revenue: $194,398
  • Gross Receipts: $460,404

Assets and Liabilities:

  • Total Assets: $588,233
  • Total Liabilities: $0
  • Net Assets: $588,233

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MISCELLANEOUS INCOME

Revenue

$1,670

PERFORMANCE FEES

Revenue

$166,808

TUITION FEES

Revenue

$22,420

WORKSHOP AND LECTURE FEES

Revenue

$3,500

Organization Details

Founding Year

2007

Principal Officer

Bryan Yamami

Main Address

505 E THIRD STREET, LOS ANGELES, CA, 90013

NTEE Category

Code: A230 - Arts

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