Budokan Inc
Donations deductibleRevenue
$297k
year to 31 December 2024
Expenses
$1.4m
year to 31 December 2024
Total assets
$27.5m
$30.5m liabilities
Net assets
Minus $3m
assets less liabilities
Directors and trustees
5
8.3y av
Staff
0
employees, year to 31 December 2024
Chair observed
≥6 yrs
Bill Watanabe
Left since last filing
0
no seats appear to have opened
Budokan Inc's network
5 people12 organisationsi5 people and 12 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (12) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Bill Watanabe Chair | Chair of the Board | 2018 | 8 yrs |
| Alan Kosaka | Treasurer | 2018 | 8 yrs |
| Erich Nakano | Company secretary | 2018 | 8 yrs |
| Keith Terasaki | Director | 2018 | 8 yrs |
| Silvia Yoshimizu | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Bill Watanabe | Chair of the Board | 1 | $0 | ||
| Silvia Yoshimizu | Director | 1 | $0 | ||
| Alan Kosaka | Treasurer | 1 | $0 | ||
| Keith Terasaki | Director | 1 | $0 | ||
| Erich Nakano | Secretary | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Budokan Inc
- EIN
- 822237366
- Address
- 231 E 3rd St Ste G106, Los Angeles, CA, 90013-1493
- State
- California
- Mission
- To provide a facility in downtown los angeles for youth, families and seniors that offers sports, community activities and opportunities to connect visitors to japanese american culture and to a vibrant, sustainable little tokyo. (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 8 (IRS master file code)
- Formed
- 2017
- Principal officer
- Erich Nakano (as named on the Form 990)
- IRS ruling date
- 1 February 2018
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- SO (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsBill Watanabe
≥8years on the filingsAlan Kosaka
≥8years on the filingsErich Nakano
≥8years on the filingsKeith Terasaki
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $27.5m
- Total liabilities
- $30.5m
- Net assets or fund balances
- Minus $3m
- Contributions and grants received
- $0
- Program service revenue
- $297k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $297k | $1.4m | Deficit $1.1m |
As filed on the IRS Form 990. US dollars.