Skip to content
Nonprofiteer
← SHOWA BOSTON INSTITUTE FOR LANGUAGE AND CULTURE

Form 990 for tax year 2022

Filed by SHOWA BOSTON INSTITUTE FOR LANGUAGE AND CULTURE.

Totals

Total revenue
$12,848,236
Total expenses
$12,279,288
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$9,962,272
Investment income
$18,036
Other revenue
$2,867,928
Total assets, end of year
$37,755,583
Total liabilities, end of year
$24,205,845
Net assets or fund balances, end of year
$13,549,738
Program services expenses (Part IX)
$9,300,273
Management and general expenses
$2,979,015
Fundraising expenses
$0
Program service expenses (Part III)
$9,300,273

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TUITION

    total $8,931,491 · related or exempt $8,931,491

  • 2b · Program service revenue: JAPANESE LANGUAGE

    total $1,030,781 · related or exempt $1,030,781

  • 3 · Investment income

    total $18,036 · excluded $18,036

  • 6a · Gross rents

    real property $2,867,928

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $2,867,928

  • 6d · Net rental income or loss

    total $2,867,928 · excluded $2,867,928

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $256,762 · program services $199,002 · management and general $57,760

  • 7 · Other salaries and wages

    total $4,536,631 · program services $3,516,085 · management and general $1,020,546

  • 8 · Pension plan contributions

    total $176,199 · program services $128,625 · management and general $47,574

  • 9 · Other employee benefits

    total $554,215 · program services $404,577 · management and general $149,638

  • 10 · Payroll taxes

    total $366,511 · program services $267,553 · management and general $98,958

  • 11b · Fees: legal

    total $23,630 · program services $17,250 · management and general $6,380

  • 11c · Fees: accounting

    total $52,294 · program services $38,175 · management and general $14,119

  • 11g · Fees: other

    total $28,678 · program services $20,935 · management and general $7,743

  • 12 · Advertising and promotion

    total $14,482 · program services $10,572 · management and general $3,910

  • 13 · Office expenses

    total $344,224 · program services $251,284 · management and general $92,940

  • 14 · Information technology

    total $92,139 · program services $67,261 · management and general $24,878

  • 16 · Occupancy

    total $390,346 · program services $284,953 · management and general $105,393

  • 17 · Travel

    total $39,873 · program services $29,107 · management and general $10,766

  • 19 · Conferences, conventions and meetings

    total $33,183 · program services $24,224 · management and general $8,959

  • 20 · Interest

    total $8,962 · management and general $8,962

  • 22 · Depreciation, depletion and amortization

    total $1,465,063 · program services $1,274,220 · management and general $190,843

  • 23 · Insurance

    total $174,106 · program services $127,097 · management and general $47,009

  • 24a · Other expenses: CONTRACTS

    total $2,848,467 · program services $2,079,381 · management and general $769,086

  • 24b · Other expenses: SERVICES

    total $383,689 · program services $202,394 · management and general $181,295

  • 24c · Other expenses: PILOT (PROPERTY TAXES)

    total $95,019 · program services $69,364 · management and general $25,655

  • 24d · Other expenses: FIELD TRIPS

    total $53,584 · program services $39,116 · management and general $14,468

  • 24e · All other expenses

    total $341,231 · program services $249,098 · management and general $92,133

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,889,517 · end of year $1,886,361

  • 4 · Accounts receivable

    beginning of year $1,410,990 · end of year $1,358,699

  • 10a · Land, buildings and equipment: cost or other basis

    $76,550,157

  • 10b · Land, buildings and equipment: accumulated depreciation

    $42,842,630

  • 10c · Land, buildings and equipment, net

    beginning of year $34,314,686 · end of year $33,707,527

  • 11 · Investments: publicly traded securities

    beginning of year $1,108,670 · end of year $583,051

  • 15 · Other assets

    beginning of year $387,108 · end of year $219,945

  • 17 · Accounts payable and accrued expenses

    beginning of year $977,654 · end of year $1,100,213

  • 19 · Deferred revenue

    beginning of year $474,177 · end of year $0

  • 25 · Other liabilities

    beginning of year $26,112,901 · end of year $23,105,632

  • 27 · Net assets without donor restrictions

    beginning of year $11,546,239 · end of year $13,549,738

Mission and programs · 2022

Mission

SHOWA BOSTON INSTITUTE IS AN ACADEMIC INSTITUTION ESTABLISHED TO INCREASE STUDENTS' ENGLISH PROFICIENCY, DEVELOP CROSS CULTURAL AWARENESS, AND FOSTER PERSONAL GROWTH.

Activities or mission (Part I)

SHOWA BOSTON INSTITUTE IS AN ACADEMIC INSTITUTION ESTABLISHED TO INCREASE STUDENTS' ENGLISH PROCIENCY, DEVELOP CROSS CULTURAL AWARENESS, AND FOSTER PERSONAL GROWTH.

  • THE INSTITUTE IS OPERATED PRIMARILY FOR THE BENEFIT OF EDUCATING JAPANESE WOMEN. IT PROVIDES JAPANESE STUDENTS WITH AN EDUCATIONAL EXPERIENCE SIMILAR TO A PROGRAM PROVIDED BY MANY AMERICAN UNIVERSITIES THROUGH THEIR VARIOUS PROGRAMS IN FOREIGN COUNTRIES OFTEN REFERRED TO AS "STUDY ABROAD" PROGRAMS.

    Expenses $9,300,273 · Revenue $9,962,272

As filed on the 2022 return.

Listed in Part VII

  • Frank J Schwartz

    PRESIDENT (THRU. 3/31/23)

    Total calculated
    $255,952
    From this org
    $188,740
    From related orgs
    $0
    Other
    $67,212
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $188,740
    Bonus
    $0
    Other
    $0
    Deferred
    $11,262
    Nontaxable benefits
    $55,950
    Filer's total
    $255,952

  • Mariko Bando

    CHAIR, CHANCELLOR, CLERK

    Total calculated
    $181,269
    From this org
    $0
    From related orgs
    $180,113
    Other
    $1,156
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,113 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,156 related
    Filer's total
    $0 + $181,269 related

  • Andrew Gordon

    MEMBER OF THE BOARD

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Akashi Hongo

    MEMBER OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • Natsuko Kohara

    MEMBER OF THE BOARD

    Total calculated
    $147,587
    From this org
    $0
    From related orgs
    $135,628
    Other
    $11,959
    Hours/week
    1 + 40 related

  • Bruce Stronach

    MEMBER OF THE BOARD/PRESIDENT (EFFECTIVE 4/1/23)

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Motokazu Uematsu

    MEMBER OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • Shigeaki Yoshikawa

    MEMBER OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • Tomoko Kaneko

    MEMBER OF THE BOARD

    Total calculated
    $113,179
    From this org
    $0
    From related orgs
    $109,234
    Other
    $3,945
    Hours/week
    1 + 40 related

  • Akihiko Numa

    MEMBER OF THE BOARD

    Total calculated
    $136,978
    From this org
    $0
    From related orgs
    $124,926
    Other
    $12,052
    Hours/week
    1 + 40 related

  • Masakazu Kakigami

    MEMBER OF THE BOARD

    Total calculated
    $140,607
    From this org
    $0
    From related orgs
    $127,505
    Other
    $13,102
    Hours/week
    1 + 40 related

  • Akihiko Isono

    MEMBER OF THE BOARD

    Total calculated
    $120,158
    From this org
    $0
    From related orgs
    $109,173
    Other
    $10,985
    Hours/week
    1 + 40 related

  • Teruko Inaho

    MEMBER OF THE BOARD

    Total calculated
    $25,467
    From this org
    $0
    From related orgs
    $25,467
    Other
    $0
    Hours/week
    1 + 4 related

  • Masahito Monguchi

    MEMBER OF THE BOARD

    Total calculated
    $25,462
    From this org
    $0
    From related orgs
    $25,462
    Other
    $0
    Hours/week
    1 + 4 related

  • Ernest Higa

    MEMBER OF THE BOARD

    Total calculated
    $24,014
    From this org
    $0
    From related orgs
    $24,014
    Other
    $0
    Hours/week
    1 + 4 related

  • Toshio Asano

    MEMBER OF THE BOARD

    Total calculated
    $25,816
    From this org
    $0
    From related orgs
    $25,816
    Other
    $0
    Hours/week
    1 + 4 related

  • Yutaka Katagiri

    MEMBER OF THE BOARD

    Total calculated
    $23,965
    From this org
    $0
    From related orgs
    $23,965
    Other
    $0
    Hours/week
    1 + 4 related

  • Alan Broomhead

    DIRECTOR OF ACADEMICS

    Total calculated
    $148,363
    From this org
    $117,511
    From related orgs
    $0
    Other
    $30,852
    Hours/week
    35

  • James Stoffel

    DIRECTOR OF IT

    Total calculated
    $130,693
    From this org
    $113,532
    From related orgs
    $0
    Other
    $17,161
    Hours/week
    35

  • Michael Muldowney

    DIRECTOR OF FACILITIES

    Total calculated
    $144,216
    From this org
    $108,452
    From related orgs
    $0
    Other
    $35,764
    Hours/week
    35

  • Tamara Daly

    DIRECTOR OF HEALTH SERVICES

    Total calculated
    $124,801
    From this org
    $107,698
    From related orgs
    $0
    Other
    $17,103
    Hours/week
    35

  • Triet Nguyen

    BUSINESS MANAGER

    Total calculated
    $128,471
    From this org
    $104,298
    From related orgs
    $0
    Other
    $24,173
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE IA
* HOUSING ALLOWANCE* THE INSTITUTE PROVIDED A HOUSE AND FURNISHING FOR USE BY ITS PRESIDENT, DR.FRANK SCHWARTZ. UNDER THE TERMS OF THE CONTRACT. THE FAIR MARKET VALUE OF DR. SCHWARTZ'S USE OF THE HOUSING FOR CALENDAR YEAR 2022 WAS APPROXIMATELY $54,000. THIS BENEFIT IS PROVIDED AS A CONDITION OF EMPLOYMENT AND IT INCLUDED WITH NONTAXABLE BENEFITS ON SCHEDULE J, PART II.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
26 January 2024
IRS schema version
2022v5.0
Source object
202400339349301200

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.