Arts, Culture & Humanities
(A23)
IRS Verified
DX Registered
990 on File
NICHI BEI FOUNDATION
Financial strength (30%)
70/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Nichi Bei Foundation is an educational and charitable nonprofit organization dedicated to keeping the Japanese American community connected, informed and empowered — primarily through a community newspaper (Nichi Bei Weekly) and Website (www.nichibei.org), as well as educational programming.
Financial Overview — FY 2023
$645K
Total Revenue
$776K
Total Expenses
$152K
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.4%
Fundraising Efficiency
45.1%
Operating Reserve
2.35x
Liability-to-Asset
18.8%
Revenue Diversification
61.9%
Executive Compensation
$98K
Compared with Peers
FY 2023
Compared with 16,965 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.4% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.3% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
45.1% | 28.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.4 mo | 10.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.8% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.9% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-5.8% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.1% | 13.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.3% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $645K | $776K | $152K | 84.4% | 10 |
| 2022 | $685K | $657K | $241K | 85.7% | 9 |
| 2021 | $585K | $471K | $254K | 83.4% | 9 |
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