OTAKORP INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- OTAKORP INC (EIN 25-1800552)
- Tax period
- 2018-11-01 to 2019-10-31
- Filed
- 2020-09-15
- IRS object ID
- 202042599349300249
- Schema version
- 2018v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-15T12:35:57-05:00 | ReturnTs |
| Tax Period End | 2019-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251877456 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIANA M REED & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1505 E CHOCOLATE AVE | AddressLine1Txt |
| City | HERSHEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251800552 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OTAKORP INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OTAK | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 30 VALLEY DRIVE | AddressLine1Txt |
| City | ANNVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICHOLAS AVGERINOS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2020-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DIANA M REED | PreparerPersonNm |
| PTIN | P00466670 | PTIN |
| Phone | 7175335513 | PhoneNum |
| Preparation | 2020-09-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.76.207.177 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-15 | IPDt |
| IP Tm | 12:35:57 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 10344AE08BAE6D74F72DFC993D0E4F9E0774E72D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A9672CCFE73D4601D676E5D0F88DFCC555B18BF6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NICHOLAS AVGERINOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 30 VALLEY DRIVE | AddressLine1Txt |
| City | ANNVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,616,014 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OTAKORP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO FOSTER AN AWARENESS AND PROMOTE THE APPRECIATION OF ASIAN CULTURE, PRIMARILY THROUGH ITS MEDIA AND ENTERTAINMENT AND THE ARTISTIC COMMUNITY INVOLVED IN THEIR CREATION, BY PROVIDING A FORUM FOR EXHIBITION, DISCUSSION, WORKSHOPS, AND ACTIVITIES RELATED TO THE SAME; MOREOVER TO PROVIDE AN ENVIRONMENT AND SUPPORT MECHANISM BY WHICH A SIMILAR ARTISTIC COMMUNITY CAN ARISE IN THE UNITED STATES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 145 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 145 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 761 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,170 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,421 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,820,476 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,567,873 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $60,183 | PYOtherRevenueAmt |
| CY Other Revenue | -$5,099 | CYOtherRevenueAmt |
| PY Total Revenue | $2,881,829 | PYTotalRevenueAmt |
| CY Total Revenue | $2,566,195 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,719,849 | PYOtherExpensesAmt |
| CY Other Expenses | $2,569,270 | CYOtherExpensesAmt |
| PY Total Expenses | $2,719,849 | PYTotalExpensesAmt |
| CY Total Expenses | $2,569,270 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $161,980 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,075 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $417,537 | TotalAssetsBOYAmt |
| Total Assets EOY | $352,216 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,597 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | -$30,860 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $407,940 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $383,076 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO FOSTER AN AWARENESS AND PROMOTE THE APPRECIATION OF ASIAN CULTURE, PRIMARILY THROUGH ITS MEDIA AND ENTERTAINMENT AND THE ARTISTIC COMMUNITY INVOLVED IN THEIR CREATION, BY PROVIDING A FORUM FOR EXHIBITION, DISCUSSION, WORKSHOPS, AND ACTIVITIES RELATED TO THE SAME; MOREOVER TO PROVIDE AN ENVIRONMENT AND SUPPORT MECHANISM BY WHICH A SIMILAR ARTISTIC COMMUNITY CAN ARISE IN THE UNITED STATES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,097,152 | ExpenseAmt |
| Revenue | $2,567,873 | RevenueAmt |
| Desc | 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 PANELS, LECTURES, WORKSHOPS, CONCERTS, FILM AND VIDEO PRESENTATIONS, AND LIVE APPEARANCES BY THOSE INVOLVED IN THE CREATION, PRODUCTION, AND DISTRIBUTION OF ASIAN ART AND CULTURE. 2019 WAS OUR THIRD YEAR HOLDING OTAKON IN WASHINGTON, DC AND WAS SUPPORTED BY OVER 750 VOLUNTEER STAFF. OTAKON'S ATTENDANCE REMAINED STEADY, AS IT DREW OVER 28,000 MEMBERS OVER EACH OF THREE DAYS. OUR PRESENCE IN WASHINGTON, DC HAS ALLOWED US TO CONTINUE OUR WORK WITH THE EMBASSY OF JAPAN AND THE LIBRARY OF CONGRESS. THE CONVENTION IS ONE OF THE LARGEST EVENTS OF ITS TYPE IN THE UNITED STATES AND HAS BEEN OUR PRIMARY EVENT SINCE THE FOUNDING OF THE CORPORATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IN 2019, OTAKORP, INC. HOSTED JOINT EVENTS IN CONJUNCTION WITH THE LIBRARY OF CONGRESS WHICH ENABLED OTAKORP, INC. TO EXPAND THE OUTREACH AND AUDIENCE OF ITS PROMOTION OF ASIAN CULTURE, MEDIA, AND ENTERTAINMENT BEYOND THE PRIVATE SECTOR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SINCE 2005, OTAKORP HAS DISPATCHED SMALL TEAMS TO TOKYO, JAPAN TO ATTEND MAJOR FESTIVALS RELEVANT TO OUR CROSS-CULTURAL MISSION. THESE EVENTS INCLUDE ANIMEJAPAN AND THE TOKYO INTERNATIONAL MUSIC MARKET. THESE ARE AN IMPORTANT OPPORTUNITY TO NETWORK AND MAINTAIN RELATIONSHIPS WITH OUR GUESTS AND INDUSTRY, WHICH ASSISTS US IN BRINGING RELEVANT GUESTS TO OUR EVENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,097,152 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 25 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 145 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 145 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATT ROSENBERGER | PersonNm |
| Phone | 9192470981 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 VALLEY DRIVE | AddressLine1Txt |
| City | ANNVILLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| RACHAEL MCCLEARY | ||||||
| RECORDING SE | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NICHOLAS AVGERINOS | ||||||
| PRESIDENT | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRIAN CUTLER | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LEE FENNER | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN KERN | ||||||
| VICE PRESIDE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN GLUTH | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| KATE LEITKOWSKI | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| AMANDA MATHER | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SARAH MURMMERT | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MATT ROSENBERGER | ||||||
| TREASURER | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JENN SMIECHOWSKI | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH CUTLER | ||||||
| CORRESPONDIN | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOEY BRUNO | ||||||
| COMPTROLLER | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LIBBY CUTLER | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RACHAEL JACKSON | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| TAKAYUKI KARAHASI | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL PORTER | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RYAN SMITH | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DSL SOUND INC | |||||
| 67 W BALTIMORE ST STE 101 | HAGERSTOWN | MD | 21740 | AUDIO VISUAL SV | $485,047 |
| HARGROVE INC | |||||
| ONE HARGROVE DRIVE | LANHAM | MD | 20706 | DISPLAY SERVICE | $251,698 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,421 | AllOtherContributionsAmt |
| Total Contributions | $3,421 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| MEMBERSHIP | $2,095,241 | $2,095,241 |
| DEALERS ROOM SPACE | $293,165 | $293,165 |
| ARTIST ALLEY | $129,418 | $129,418 |
| MISCELLANEOUS | $28,260 | $28,260 |
| MAID CAFE | $16,355 | $16,355 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,434 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,434 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,567,873 | TotalProgramServiceRevenueAmt |
| Gross Sales Of Inventory | $44,364 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $49,819 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,455 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$5,455 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD REWARDS | Desc |
| Total Revenue Column | $356 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $356 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $356 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,566,195 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,562,774 | RelatedOrExemptFuncIncomeAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,053 | TotalAmt |
| Management And General | $165,053 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,407 | TotalAmt |
| Management And General | $29,407 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,974 | TotalAmt |
| Management And General | $47,974 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,937 | TotalAmt |
| Program Services | $98,937 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,744 | TotalAmt |
| Management And General | $40,744 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,647 | TotalAmt |
| Management And General | $44,647 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,734 | TotalAmt |
| Program Services | $121,389 | ProgramServicesAmt |
| Management And General | $4,345 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,870,840 | TotalAmt |
| Program Services | $1,863,550 | ProgramServicesAmt |
| Management And General | $7,290 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,276 | TotalAmt |
| Program Services | $13,276 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,841 | TotalAmt |
| Management And General | $1,841 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| BANK FEES & CREDIT CARD M | $98,946 | $98,946 |
| STORAGE RENTAL | $29,557 | $29,557 |
| COMMUNICATIONS | $2,228 | $2,228 |
| MISCELLANEOUS | $86 | $86 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,569,270 | TotalAmt |
| Program Services | $2,097,152 | ProgramServicesAmt |
| Management And General | $472,118 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $398,957 | BOYAmt |
| EOY | $346,683 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,304 | BOYAmt |
| EOY | $5,533 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $277,321 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $277,321 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,276 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,537 | BOYAmt |
| EOY | $352,216 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,597 | BOYAmt |
| EOY | -$30,860 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,597 | BOYAmt |
| EOY | -$30,860 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $407,940 | BOYAmt |
| EOY | $383,076 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $407,940 | BOYAmt |
| EOY | $383,076 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,537 | BOYAmt |
| EOY | $352,216 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,075 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$21,789 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,170 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,421 | CurrentTaxYearAmt |
| Total | $4,591 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,899,032 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,204,488 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,869,363 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,914,682 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,612,593 | CurrentTaxYearAmt |
| Total | $14,500,158 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,899,032 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,204,488 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,869,363 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,915,852 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,616,014 | CurrentTaxYearAmt |
| Total | $14,504,749 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $14,504,749 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $473 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $959 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47 | CurrentTaxYearMinus2YearsAmt |
| Total | $1,479 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $473 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $959 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47 | CurrentTaxYearMinus2YearsAmt |
| Total | $1,479 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,899,505 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,205,447 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,869,410 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,915,852 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,616,014 | CurrentTaxYearAmt |
| Total | $14,506,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99990 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99980 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $261,001 | OtherCostOrOtherBasisAmt |
| Depreciation | $277,321 | DepreciationAmt |
| Book Value | -$16,320 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,320 | OtherCostOrOtherBasisAmt |
| Book Value | $16,320 | BookValueAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD PAYABLE | Desc |
| Amt | -$30,860 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | -$30,860 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO FOSTER AN AWARENESS AND PROMOTE THE APPRECIATION OF ASIAN CULTURE, PRIMARILY THROUGH ITS MEDIA AND ENTERTAINMENT AND THE ARTISTIC COMMUNITY INVOLVED IN THEIR CREATION, BY PROVIDING A FORUM FOR EXHIBITION, DISCUSSION, WORKSHOPS, AND ACTIVITIES RELATED TO THE SAME; MOREOVER TO PROVIDE AN ENVIRONMENT AND SUPPORT MECHANISM BY WHICH A SIMILAR ARTISTIC COMMUNITY CAN ARISE IN THE UNITED STATES. |
| FORM 990, PAGE 2, PART III, LINE 4A | 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 PANELS, LECTURES, WORKSHOPS, CONCERTS, FILM AND VIDEO PRESENTATIONS, AND LIVE APPEARANCES BY THOSE INVOLVED IN THE CREATION, PRODUCTION, AND DISTRIBUTION OF ASIAN ART AND CULTURE. 2019 WAS OUR THIRD YEAR HOLDING OTAKON IN WASHINGTON, DC AND WAS SUPPORTED BY OVER 750 VOLUNTEER STAFF. OTAKON'S ATTENDANCE REMAINED STEADY, AS IT DREW OVER 28,000 MEMBERS OVER EACH OF THREE DAYS. OUR PRESENCE IN WASHINGTON, DC HAS ALLOWED US TO CONTINUE OUR WORK WITH THE EMBASSY OF JAPAN AND THE LIBRARY OF CONGRESS. THE CONVENTION IS ONE OF THE LARGEST EVENTS OF ITS TYPE IN THE UNITED STATES AND HAS BEEN OUR PRIMARY EVENT SINCE THE FOUNDING OF THE CORPORATION. |
| FORM 990, PAGE 6, PART VI, LINE 2 | BRIAN CUTLER ELIZABETHER CUTLER MEMBER AT LA SECRETARY HUSBAND AND WIFE |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEW IS CONDUCTED BY THE OFFICERS AND THE ENTIRE BOARD PRIOR TO SUBMISSION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ACTIONS ARE REVIEWED AT ALL BOARD MEETINGS AND DISCIPLINE IS ENFORCED ACCORDINGLY. DISCIPLINE IS USUALLY TERMINATION OF MEMBERSHIP AND DISASSOCIATION FROM THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | JAPAN RELIEF WAS PAID OUT IN PRIOR YEARS AND SHOULD NOT HAVE BEEN REPORTED AS A LIABILITY. IT HAS BEEN CORRECTED AS AN ADJUSTMENT TO FUND BALANCE. |
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